Family Eldercare's Money Management Program helps seniors and people with disabilities continue to live independently in their homes and in their neighborhoods. A less restrictive alternative to guardianship, Money Management offers two levels of services:
• Bill payer assistance is available to low-income elders and people with disabilities who have the capacity to remain in control of their finances and voluntarily receive the services. Services include sorting mail, writing checks for the client to sign, balancing checkbooks and making sure bills are sent in a timely manner.
• For individuals determined to be incapable of handling their own finances, representative payees are approved to receive benefits issued by Social Security and the Office of Personnel Management on behalf of the clients. Services also include budget setup, checkbook balancing and management of monthly bill payments. Monitoring and insurance is provided.
All clients receive additional case management services to ensure adequate food, shelter and medical care. All bank accounts are insured through AARP and monitored by third-party volunteers who ensure accountability.
AARP also serves as a collaborative partner and assists with recruiting, training and insuring community volunteers who meet regularly with clients and provide community engagement in addition to bill payer role.
Clients eligible for Money Management services must be:
• elderly or an adult with disabilities
• low-income (at or below 200% of Federal Poverty Index)
• incapable of performing the tasks themselves
• without anyone available or appropriate to assist them
Support for this program provided by