Previous studies have shown that in late life coexisting depression and cognitive impairment may contribute to an elderly person’s vulnerability. To our knowledge, ours is the firstreportfromPanamaofcoexistingcognitiveimpairment and depressive symptomatology in community-dwelling adultsofanyage. Ourresultsaddtotheexistingknowledge regardingthepresenceofcognitiveimpairmentandgeriatric depression and their associated clinical factors, namely, multimorbidity and limitations in activities of daily living. Importantly, cooccurrence of cognitive impairment and depression complicates treatment in the elderly, and thus assessments of cognitive impairment in this population shouldbepartofalong-termapproachtomanagingdepressionandviceversa.Thecurrentstudysupportsthehypothesis that multimorbidity particularly affects elderly individuals with depression alone and with coexisting depression and cognitiveimpairmentandsetsthestageforadditionalstudies examiningthelong-termoutcomesinfollow-upstudies.