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2016 Medicare Check-In

We hope you are in continued good health!  For those of you on Medicare, and those of you getting into Medicare, I would like to bring your attention to a few key points: 1)  Have you taken your Annual Physical, your annual Wellness Check-up, or a House Call from a doctor or registered nurse? These…

Pros and Cons of Bundling Your Insurance

In the not too distant past,  it was  common to have multiple  insurance policies  with different companies – one for your car, one for your home, one for your health, and one for your boat – well, you get the idea. Usually, this meant having numerous distinct insurance companies, each with their own policies, discounts,…

Tax Identify Theft

Most of us may think that Identity Theft just isn’t that prevalent.  However, ID thieves steal the identities of about 2.5 million deceased Americans every year.  This is over and above the hacking schemes we hear about almost daily.  The most targeted groups of people are the deceased, children, prisoners and the elderly.  These general…

Family Meetings Can Help Pass On Family Assets

Passing on the family wealth from one generation to the next – whether involving a network of businesses and philanthropic organizations or simply the family home and prized heirlooms – is never easy.  But periodically holding family meetings can go a long way in making that transition smoother, more effective, and less painful for the…

The State of Your Estate

While many think that once documents are written they never have to do it again, as a Financial Advisor, I believe than an Annual Review should include: Does your will, trust, financial power of attorney, medical power of attorney or living will need any updating?  Has it been done since the new privacy regulations took…

Fourteens Ways to Give to Charities

Charitable contributions are an important part of your financial plan.  Here are 14 ways you can give to charities. Outright gifts of cash, securities, real estate and other assets Bequest by will of percentage of estate or dollar value Testamentary gift after usage or death of another beneficiary Life insurance beneficiary or transfer of policy…

Work Until You Die?

Many people who are currently working are of the belief that they will never be able to retire. New studies show that this is in fact, not the case. Boston College’s Center for Retirement Research has looked at how much beyond age 65 households will have to work. The result was that 85% of households would be able…

Social Security – Focus on Retirement Benefits Today

Social Security: a topic that is sure to start a lively discussion, regardless of the age of the participants. While the particulars of Social Security – contribution rates, distribution dates, taxes and income levels of recipients – are likely to look different for future generations, let’s focus on the system that pays benefits at retirement…

Employee Retirement Accounts – 2013 Contribution Limits

An excellent way to save What is my favorite feature of investing in your retirement plan at work?  No, it’s not the employer match, well alright it is the match, but a very close second is the fact that it is automatic! The Elephant Because companies are doing away with pension plans, saving for retirement can seem…

What’s 1% Gonna Do?

For 20 years I have been hearing reports of how “pensions are rapidly becoming a thing of the past“. I don’t know what their definition of “rapidly” is, but everyone has been aptly warned by now! It is no longer your employer’s job to make sure you save for retirement and the dismal failure that…