Money News

Attention Federal Employees:FLTCIP on the ropes as OPM Suspends Long-Term Care Insurance Applications

"OPM and its FLTCIP carrier say they need time to assess the program so that rates are more reasonable and sustainable." Jim Fish   by Jim Fish If you are not already enrolled in the Federal Long-Term Care Insurance Program (FLTCIP) but are planning on doing so, you should count on delays with your application [...]

By |2022-11-24T03:32:40+00:00November 24th, 2022|Federal employees, Money News, Protect your wealth, Retirement|

Seniors Feel Cheated As Inflation Dims Their Golden Years

Authored by Andrew Moran and Emel Akan via The Epoch Times For close to 47 million Americans, it was the best of times, and it was the worst of times. Indeed, the current cost-of-living crisis devastating millions of seniors nationwide has forced many to look back at the choices they made throughout their prime working years. [...]

By |2022-11-09T11:18:12+00:00November 9th, 2022|Lifestyle, Money News, Retirement|

55% of working Americans feel they are behind on retirement savings…

Authored By Lori Konish Here's how to catch up... Key Points High inflation has prompted many workers to put retirement savings on the back burner. But you could have regrets later if you neglect this long-term goal. As it has become more difficult to stretch a dollar at the grocery store and gas pump, some [...]

By |2022-10-25T18:13:55+00:00October 25th, 2022|Money News, Retirement|

Jerry Yu: Will your state REQUIRE you to have long term care insurance?

Authored By Jerry Yu, Reign Financial "New laws passed in several states will require employers to collect a payroll tax from employees who don't have private long-term care insurance." - Jerry Yu. Mandates may be coming soon to many states. A dramatic demographic shift is happening in the United States. By 2030, more Americans will [...]

By |2022-10-23T17:48:08+00:00October 12th, 2022|Money News, Retirement|

Charles Hugh Smith: Chart a course to self-reliance

Authored By Charles Hugh Smith, Of Two Minds By Charles Hugh Smith As things unravel, the one surefire strategy is to chart a course for greater self-reliance. Improving self-reliance has no downside, only upside, and everyone can increase their self-reliance incrementally in small ways. Self-reliance isn't the same as self-sufficiency. Even Thoreau on Walden Pond [...]

By |2022-10-02T14:58:16+00:00October 2nd, 2022|Money News|

Eric Coons: What is a “backdoor” Roth IRA and benfits from having one?

By Eric Coons   Roth IRAs arrived as a retirement savings option in 1998 to great critical acclaim. Financial professionals lauded the tax-deferred growth and tax-free earnings withdrawals of Roths. Another popular feature of these accounts was that they were not subject to required minimum distributions (RMDs.) Initially, Roths weren't that widely available. There were [...]

By |2022-10-23T17:50:57+00:00October 2nd, 2022|Investing, Money News, Protect your wealth, Retirement|

Birmingham, Alabama Advisor Ken Reeves Launches New Podcast

Ken Reeves seeks to Dispel Myths That Cost Retirees Money PRESS RELEASE Birmingham, Alabama Advisor Ken Reeves' Apex Financial Group LLC Launches New Podcast to Dispel Myths That Cost Retirees Money Helping retirees avoid money mistakes: Apex Financial Group LLC launches a new no-nonsense podcast aimed at Americans 45 and older who don't want to [...]

By |2022-10-23T17:52:00+00:00September 25th, 2022|Money News, Watch and Listen|

Business owners: Do you have your exit plan ready?

" 2020-2022 has been a trying period of supply chain issues, labor shortages, and lockdowns that may cause you to think about selling your business." By Sean Sparkman   The fallout from the pandemic has pushed a growing number of business owners into thinking about selling their companies. Supply chain issues, labor shortages, and now, [...]

By |2022-10-23T18:14:00+00:00August 2nd, 2022|Leave a legacy, Money News, Retirement|

Donna McElroy: Can working seniors contribute to Health Savings Accounts?

"You may be one of the many people over 65 who are making Health Savings Account (HSA) contributions. Be sure you are following  the rules to the letter." Donna McElroy.   By Donna McElroy Most clients know I am a big fan of Health Savings Accounts (HSAs). HSAs can potentially save people THOUSANDS of dollars [...]

By |2022-10-23T18:08:33+00:00July 10th, 2022|Money News, Protect your wealth|
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