25 Jun
June 25, 2019

According to a recent study done by Fidelity, the average total costs of healthcare for a retired couple, aged 65 and living until ages 85/87, will be $285,000!¹ When people think about their retirement goals, they often overlook the expenses associated with keeping up their health. Being aware of your options and how you can fund this goal in retirement can help mitigate the possibility of having to give up your current lifestyle.

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20 May
May 20, 2019

Do you have a loved one who is disabled or who has special needs? Many times individuals with special needs rely on public benefits such as Supplemental Security Income (SSI), Medicaid, and other programs to help with living expenses. In order to retain eligibility for such benefits, the individual’s cash and investment assets may not exceed $2,000. This restriction often makes it difficult for special needs individuals to achieve a greater quality of life and financial independence.

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03 Jun
June 03, 2016

You may be able to receive subsidies from the government for your health insurance premiums. In order to make health insurance more affordable, the Affordable Care Act allows eligible individuals to receive a premium tax credit if they obtain health insurance through the Marketplace.

The Marketplace is a health care exchange that was established by the government under the Affordable Care Act and is also referred to as “Obamacare.” It was signed into law March 23, 2010. This legislation requires all

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10 Sep
September 10, 2013

For many Americans, going without health insurance is a gamble that could lead to financial catastrophe. It’s an even bigger gamble for those who are approaching retirement, due to their heightened potential for age-related illnesses and injuries. Retiring without insurance is fine for some people; they may be able to remain on their company’s group plan after separation, or they can rely on a working spouse’s plan. But if you have no plan at all, you need to face reality—quickly!


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13 May
May 13, 2013

Whoever said “there’s no such thing as a free lunch” was unaware how often I eat out at my friends’ expense. Of course, I understand that someone has to pay for the lunch; I just know that it’s usually not me. From a planning perspective, a “free lunch” might relate to the relatively unknown one-time IRA to HSA transfer. This rule allows an individual to transfer some of his or her tax-deferred IRA dollars to a high-deductible savings account. If

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