Preparing for Long-Term Care 70% of those over the age of 65 will need some form of Long Term Care during their lifetime. This is compared to a 25% chance that you will be in a car accident or have a house fire. The difference is everyone keeps automotive and homeowner’s insurance to be prepared, [...]
Purchasing Life Insurance If you are on the hunt for purchasing life insurance, there are a few things you should know. We will go over some factors that you should keep in mind while you are shopping around for a policy. 1. Life Insurance is Not an Investment Product, it is a Risk Management [...]
Riders: Another Form of Coverage Riders are additional benefits you can add to your life insurance policy. These riders provide coverage not normally provided by your standard life insurance policy. Typically, these riders will come with an additional cost. There are several different kinds of riders. What riders are offered and their specific terms [...]
When Can You Elect New Medicare Benefits? The Medicare Annual Election Period, or AEP, happens each year. It starts on October 15th and ends on December 7th. During this time, you have the chance to change your Part C or Part D coverage. To prepare you for this Annual Election Period we have compiled [...]
SEP (Special Enrollment Periods) Typically, you can only purchase health insurance coverage through the Marketplace Exchange during the Open Enrollment Period. This lasts between November 1st and January 31st each year. However, there are some qualifying events that trigger Special Enrollment Periods, or SEPs. If you qualify for a SEP you can enroll in [...]
Navigating Open Enrollment Health Plans Open enrollment for health insurance begins November 1st! With all the recent healthcare law changes there are more options than ever before. All the choices and new procedures can be overwhelming. This article will break down the different healthcare terminology so that you can be thoroughly educated and get [...]
Types of Insurance you Need! There are so many different insurance products out there. Have you considered which ones you actually need? While everyone's needs will differ, there are 4 types of insurance that you should not be without. These will afford you maximum protection from unknown future events. Do not leave yourself or [...]
8 Signs You Are Not Ready to Retire Turning 65 does not automatically mean that you can quit your job and golf all day, a lot of planning goes into retirement, and you may not be ready to retire. Many people quit their jobs and then find out they were not ready to retire. [...]
Fixed vs. Variable Annuities: Which is Better There are many types of annuities and sub-types of annuities that there are to choose from. However, the two most common are fixed and variable annuities. In this article, we will outline what they are and how they can work for you. Annuity Overview Before we get [...]
New Parents: Preparing for Financial Changes! Each stage in our lives comes with a new set of financial challenges. This is especially true for new parents. Your budget, insurance needs, estate plan, and income taxes will all be dramatically affected. What can you do now to financially plan for these changes? Budget Having a [...]
