Skip to content

Medicare, Life Insurance, Long Term Care | Contact Us Today

Blog

Qualified Charitable Contributions for 2019

By Paula Miles | December 4, 2019

We are nearing the end of 2019 and the opportunity to give for this year.  If a person has reached the age of 70.5 they can make cash donations to charities that are approved by the IRS that are outside of the scope of their IRA. These qualified charitable distributions will allow a person to…

Read More

2020 Important Retirement Numbers

By Paula Miles | December 4, 2019

Every new year brings a fresh beginning, this can be just as true now as it ever was. In 2020, expect increases in savings pretax limits for workers looking toward retirement. If you’ve already reached retirement age, you’ll see a moderate increase in your Social Security benefits payments. However, there will also be increased premiums…

Read More

Should You Use Credit Or Debit Cards For Holiday Shopping?

By Paula Miles | November 25, 2019

Holiday shopping is underway for many with “Black Friday” and “Cyber Monday” already behind us.  One small question you might ask yourself is whether you should pay for your items with a credit or debit card.  There’s a lot of debate about whether you’re better off using a credit or debit card because both have…

Read More

Do Presidential Elections Actually Impact The Stock Market?

By Paula Miles | November 10, 2019

More often than not, whenever a presidential election year is underway, you will hear a lot of news anchors and financial analysts will talk about the economy and the stock market. There will often be self-proclaimed experts who have their theories about how a presidential candidate will affect the market during election year, how investors…

Read More

2020 Contribution Limits for Employer Sponsored Plans

By Paula Miles | November 10, 2019

The 2020 contribution and benefit limits have been released by the IRS.  The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased. The following limits are applicable to 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan: The contribution limit…

Read More

Does The Fed Lowering Interest Rates Really Hurt Retirees?

By Paula Miles | November 6, 2019

In most cases, the actions of the Federal Reserve lowering interest rates are a good thing because a lot of economic activity depends on the ability of businesses to borrow money. It is of course easier to borrow when interest rates are lower, but lowering interest rates too much could affect investors who may see…

Read More

2019 Catch Up Contributions

By Paula Miles | October 31, 2019

The IRS does a good job of providing the country’s elders with ways to save for retirement. Some of the most popular investment vehicles the IRS provides access to for the benefit of US taxpayers include 401(k) accounts and a variety of IRAs. While both options provide a variety of benefits to the taxpayer, the…

Read More

Avoid Required Minimum Distribution Mistakes

By Paula Miles | October 19, 2019

If you’re approaching retirement or already retired, you may have a traditional IRA, SIMPLE IRA, or SEP.   If you do, at a specific age you must take a minimum distribution.  This minimum distribution is required by the government when you reach the age of 70 ½.  It is not only done one time but…

Read More

Protect Retirement Savings Against Long Term Care Needs 


By Paula Miles | October 15, 2019

Unfortunately, it’s a very real possibility that you or someone you love may need long term care at some point. Your retirement savings may have to go toward that care, but you will want to ensure that this money is protected. A good way to keep your retirement savings secure could be a long term…

Read More

Medicare Open Enrollment

By Paula Miles | October 7, 2019

It’s that time of year again for Medicare’s Open Enrollment!  Are you ready?  If you are new to Medicare then it’s important to know that Open Enrollment occurring in the Fall is only designated for changes to be made to current coverage.  These changes include: • Changing from regular Medicare coverage to Medicare Advantage regardless…

Read More
Scroll To Top