Conditional Receipt of a Life Insurance Policy
The sudden death of a loved one is hard to deal with. This can only be compounded by your loved one not having a life insurance policy. What if the death occurs after the underwriting of the policy but before the policy is delivered. This is where a conditional receipt [...]
Long Term Care Insurance: Things to Consider
Are you considering buying long term care insurance? In many cases long term care insurance can help to cover gaps that Medicare or Medicaid might not cover. There are a lot of things to keep in mind if you are considering it. The Cost Is the plan affordable? Many LTCI [...]
Medicare Fee Help
Many people assume that Medicare is free; it is not. There are fees for service, premiums, deductibles and other costs that are associated with Medicare. If you fall into the gap where you do not qualify for Medicaid but cannot afford all of the Medicare premiums, there might be some [...]
Home Care with Medicare Benefits
Elderly or retired recipients of Medicare are able to use their benefits to pay for home health care. There are some requirements that must be met, but if you qualify you are able to receive skilled home care instead of going to a nursing home or other assisted care facility [...]
Are You Saving Too Much for Retirement?
You have probably been told from the time you have started working that it is never to early to save for retirement. With all the options available, finding a place to put money for the future is easy. Is too much being put away though? The 80 Percent Rule The [...]
Does Medicaid Count my IRA
If you or an elderly loved one has an IRA you might be wondering if the amount in the IRA counts as an asset when considering eligibility for Medicaid. The answer can depend on a few factors, as well as what state you reside in. […]
Differences Between an IRA and a 401k
If you have done any retirement planning at all you have run across both of these terms. While they sometimes can seem interchangeable, there are some very distinct differences between a 401k and an IRA. Employer vs. Individual The main difference between a 401k and an IRA is who sets [...]
Planning for Mid and Late Retirement
Experts say that mid retirement begins around age 70. This means that on the average, you have been retired for 5 or so years and have a good handle on how your retirement is progressing. Obviously if you waited until your 70’s to retire, this period may have shifted for [...]