It's never too early to buy life insurance, especially if you want to make sure your family and loved ones are taken care of in the event that something happens to you. Specifically, a life insurance policy can help to cover funeral costs and related expenses while also providing financial stability for your loved [...]
Who Can Establish an HSA? Any individual with a high deductible health insurance plan can establish an HSA. In 2015, you have to have an annual deductible of at least $1,300 for an individual or $2,600 for a family. Your plan must also limit your annual out of pocket expenses to $6,450 for individuals [...]
Unfortunately, nursing home care is a reality that many of us have to face; either dealing with it for a loved one, or for ourselves, which is why it is vital to find the right home care packages for the situation. It can get very expensive, very quickly. Generally speaking, there are three ways [...]
A tax Shelter is one investment strategy that investors should consider. By pursuing tax-deferred investments, you can allow the investment to accumulate unimpeded by taxation until it is time to withdraw it. Two advantages exist for this kind of strategy. The capital gains, interest, and dividends the investment accumulates occur when the investor is [...]
Fundamentals of Life Insurance Life insurance is a common component of most everyone’s financial plan. It can serve many helpful purposes such as; replacing lost income in the event of your death, paying any debts you leave behind (such as mortgages, car loans or credit card debts), paying for your final expenses or estate [...]
Medicare Misconceptions Medicare misconceptions are dangerous. They can wreak havoc on your retirement and financial plan. This article clears up three common Medicare misconceptions to help you navigate Medicare successfully. 1. Medicare is Free Medicare Part A is free of premium for most people. But Part B has a monthly premium. In 2021, this [...]
