Four Things Women Need to Know about Social Security
There’s no “right” answer for when to take Social Security. It’s an individual decision that must be based on many factors, including other sources of retirement income, your marital status, whether you plan to continue working, your life expectancy, and your tax picture.
Portability of Unused Estate Tax Exclusion
Married taxpayers have a special benefit that allows a surviving spouse to make what is called a portability election, allowing the surviving spouse to add the deceased spouse’s unused estate tax exclusion to their own.
Paying for Care with Your Long-Term Care Insurance Policy
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Director of Insurance Planning Jim Crone, CLU®, CFS®, and Senior Associate Michael Griffin, CFP®, to cover a case study on a couple who needed to tap their long-term care policy. Jim discusses the process of applying for and receiving benefits.
Medicare and Medicaid: What’s the Difference?
Medicare and Medicaid were signed into law in 1965 to help provide health care to older individuals and those with financial need. Do you know the difference? We explain!
Financial Planning and Medicare Premiums Go Hand in Hand
Chief Investment Officer Troy Harmon, CFA, CVA, Managing Associate K.C. Smith, CFP®, CEPA, and Research Analyst Nick Antonucci, CVA, CEPA, address how some seniors may face Income-Related Monthly Adjustment Amounts to their Medicare Premiums and provide some perspective when dealing with the additional cost.
Medicare Open Enrollment for 2022 Begins October 15
Medicare open enrollment begins Oct 15! Determining what coverage you have now and comparing it to other Medicare plans can be confusing. Here is what you need to know about Open Enrollment.
Trusted Persons to Help with Financial Responsibilities as You Age
This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate D.J. Barker, CWS®, and Associate Peter Lynch to discuss the importance of having fiduciaries or trusted contacts for senior investors to help ensure these potentially vulnerable investors are not being exploited. Peter explains the different types of powers of attorney and when they are applicable.
4 Reasons to Review Your Life Insurance Needs
When your life circumstances change, you have a fresh opportunity to make sure the people you love are protected through life insurance.
A Map for Your Family
A letter of instruction could be just as important as a Will to help your heirs settle your estate and move forward with their lives.
Tax Breaks for Grandparents
As a grandparent, if you have custody of your grandchild, you may be eligible for tax breaks.