What government programs are available for seniors?

While you may desire to be as independent as possible in your golden years, there are some federally funded government programs you should be aware of to help you stretch your finances. While some of these programs are only for low-income seniors, seniors with disabilities, or specific groups (like veterans), they’re still worth exploring.

While most seniors are familiar with Social Security and Supplemental Security Income (SSI), Medicaid and Medicare, and the HUD reverse mortgage offering, there’s a lot more to know. HUD offers other housing programs for people who do not own their own homes. Additionally, there is a wealth of food- and utility-related government programs to help seniors with low incomes stay housed, safe, and fed- and these go way beyond just SNAP.

Social Security and SSI (Supplemental Security Income)

Most people are familiar with the basics of Social Security, where eligible beneficiaries can claim benefits as early as age 62 or at their full retirement age. Low-income seniors may also be eligible for Supplemental Security Income (SSI) payments. To know what benefits you are eligible to receive, you should log in to your Social Security account, call Social Security, or visit the nearest Social Security office.

Medicaid, Medicare, and Medicare Savings Programs

If you are over 65 and looking for assistance with the costs of your healthcare, the Medicare Program is the first place to start. Provided you meet the eligibility criteria, mostly focused on limited-income seniors, you could receive assistance with co-payments, deductibles, and your Medicare premiums. However, these premiums vary by state.

Additionally, once you reach age 65, you can also access the basic Medicare program as an alternative to private health insurance. If you have a low income, you may also qualify for the expanded Medicaid coverage, which allows access to a wider range of programs, including care at home and nursing facility coverage. Some states have a specific State Health Insurance Assistance Program to help you navigate the complexities of these two programs and their various options.

Reverse Mortgage Programs

If you or your spouse have reached age 62 or older, and own your own home with a decent amount of equity, you might consider taking a reverse mortgage. This program allows you to borrow against the equity in your home, without the need to make loan payments until when you sell the home or pass away. You will receive a lump sum payment or periodic payments over your lifetime, while still living in your home.

The Department of Housing and Urban Development

Reverse mortgages aren’t the only housing program offered to seniors. If you do not own your own home, you may be eligible for housing vouchers or assistance with low-rent apartments. You can see the full wealth of services offered at HUD.gov

Covering Food and Utility Costs

If you are struggling with the rising cost of food and utilities, you can take advantage of the several government-funded programs open to seniors. Some of these programs include:

SNAP

The Supplemental Nutrition Assistance Program is offered to low-income people and families regardless of age. Contact your local SNAP office for more details.

Commodity Supplemental Food Program

Focused on low-income adults over 60, this program offers a monthly food package to help.

Emergency Food Assistance

These programs operate food pantries and other no-cost ways to obtain food for those in need.

Senior Farmers’ Market Nutrition Program

This program is open to low-income seniors over 60. Some state agencies offer coupons that seniors can use at local farmers’ markets in their area. 

Low-Income Home Energy Assistance Program

LIHEAP offers some assistance with energy-related bills and weatherization in some states, and you can apply online. 

Lifeline

Access discounts on internet and phone services as a low-income senior through this Federal Communications Commission program

Administration on Aging (AoA)

The Administration on Aging coordinates a variety of senior-focused government programs at the federal level. These are typically locally operated through Area Agencies on Aging, often called AAAs. If you’re over 60, you should enquire what services you are eligible for. While some are based on need and income, others are open to all seniors. Some of the senior-focused services include:

• Caregiver support
• Mental health counseling
• Meal delivery 
• Legal aid and case management
• Transportation, particularly for medical services
• Adult ‘daycare’ and other community-fostering programs
• Employment issues and opportunities

To find out what is available in your area, try the Eldercare Locator to track down local assistance. 

Veteran Services

Veterans who left military service in good standing, as well as some eligible dependents and family members, can access many senior veteran-focused programs through the Department of Veterans Affairs. You can explore the various benefits available to you by visiting the local Department of Veterans Affairs office, logging into your VA.GOV account, or calling the VA customer service.

Senior Community Service Employment Program (SCSEP)

If you are over 55 and in a low-income bracket, the Senior Community Service Employment Program might be right for you. This program will help you find up to 20 hours a week of employment in public and non-profit facilities. To qualify, your household income cannot be above 125% of the federal poverty level, currently around $17,000 a year. Training is typically provided.

Retired and Senior Volunteer Program (RSVP)

The Retired and Senior Volunteer Program is open to the over 55s, and it provides a way for older people who do not have income restraints to still give back to their communities and stay active within them. Training is typically provided for new volunteers. 

Low-Cost Medicine Programs

To complement your Medicare coverage, many chain pharmacies like Walgreens and CVS Pharmacies have savings programs in place to help you better manage the cost of your prescription medications. Be sure to chat with your pharmacy to see if they have a program to help you save on the cost of medications. While these are privately offered, they can help you with your medical costs in old age.

There are many government programs available to seniors. Not sure where to start looking for the benefits you are eligible for? The government offers its Benefit Finder as a great starting point to put you in contact with government programs you qualify for.