Hardship Exemption Rules for Not Having Health Insurance Eased

The Affordable Care Act (Obamacare) included a “shared responsibility payment,” which in reality is a penalty for not having health insurance. Along with this penalty came a whole slew of exemptions from the penalty, including some that were designated as “hardship” exemptions. However, the hardship relief from the penalty required pre-approval from the government health…

Red Monday

Despite an early bump, most market sectors retreated Monday with heavy selling in Technology and Energy stocks. The Dow Jones Industrial Average was down 0.99%, while the S&P Index was down 0.66%. The NASDAQ Composite was down the most with a -1.60% change for the day. In economic news, personal income rose 0.2% in September…

Money Talks – October 27, 2018

This week on “Money Talks,” Managing Associate D.J. Barker, CWS®, and Senior Associate Jarrett McKenzie, CFP®, CWS®, join Chief Investment Officer Troy Harmon, CFA, CVA, to discuss housing news with existing home sales, new home sales and mortgage applications all having been reported in the week. They also cover the Fed’s Beige Book and interest rates. Jarrett and D.J. team up for a case study on a couple who delayed Social Security but are taking required minimum distributions from their IRA. The experts also cover listeners’ questions on investing short-term money, when an investor should sign up for Medicare if he is delaying Social Security benefits, and what to do with a portfolio overweight in the Technology sector.