Health Savings Accounts (HSA) are tax-advantaged medical savings plans, which can act like both a personal checking and investment account. In fact, HSAs are the most tax-advantaged account that exists. It is the only type of account with the...
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It has been a busy year when it comes to updates and changes concerning your money. In addition to working on personal investment strategies that help our clients’ financial plans, we’ve had the SECURE Act and the CARES Act...
September 22nd is the last day of summer, with fall quickly approaching. School is back in session (virtually, as my 3 kids log-in from home), Monday night football is back (no fans in the stands), and open enrollment for...
With the second wave of COVID-19 either looming or upon us, you might be feeling the added stress that comes from wondering if you and your loved ones are prepared for an abrupt health crisis. I sure am. My...
Experts say that healthcare alone could cost the average couple hundreds of thousands of dollars during their retirement. That high amount doesn’t even include other bills such as groceries, mortgage payments, and everyday living expenses. According to Psychology Today,...
There is a new change for 2018 with the Medicare Access and CHIP Reauthorization Act. This act lowered the threshold on which Medicare recipients pay an Income Related Monthly Adjustment Amount (IRMAA) to their Medicare part B premiums. Previously,...
Meet Marcus. Marcus has poured tens of thousands of dollars into his whole life insurance policy. He's sick of paying the expensive premiums - only to see the value of his policy decline! So, what's Marcus to do -...
Question #3: "Are you healthy?" If not, then it becomes much more difficult to qualify for a long-term care insurance policy. Waiting until you are no longer healthy to apply for long-term care could make the process . ....
"You want to be confident that they will still be in business when, and if, you need to file a claim," says Nancy McCready, CFP® of the Certified Financial Planner Board of Standards, Inc. (CFP Board). You can check...
The Social Security Administrations reports: ...over 1 in 4 of today’s 20 year-olds will become disabled before reaching age 67. Those are some pretty rough odds! Given the risk, a disability policy can be a useful tool for protecting one's income...