CHTH 325 Paper 2
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Please complete the following: Create your own discussion about these 2 topics utilizing the readings from “Aging Nation” and any outside sources you may find to support your answers.
(Essay) 2 parts
Leadership is needed in the community for professionals who can advise families on how older adult family members can navigate retirement policy and financial situations.
1. You are working with an older adult’s family members to assist them with their father’s pension.
Explain to them the difference between Defined Benefit and Defined Contribution pension plans (hint: Aging Nation, Chapter 5). How do Social Security death benefits play a role in the income of a spouse? (you may have to research how Social Security pays death benefits to a spouse).
2. A client that you are working with has been diagnosed with dementia.
Her family members have reached out to you regarding the implications of this diagnosis as it relates to their mother’s finances. Using the Marson article explain why financial capacity changes in older adults, the impact of dementia on financial capacity, and the 4-prong perception of financial capacity.