Summer Travel and Medicare: Are You Covered Away From Home?
Summer is one of the busiest travel seasons of the year. Whether you are planning a road trip, visiting family, taking a cruise, or flying to your favorite vacation destination, it’s important to understand how your Medicare coverage works while you are away from home. Many Medicare beneficiaries assume their healthcare coverage works the same […]
Medicare Part B Premiums: Why Some People Pay More for Medicare
IRMAA and Medicare Part B Premiums: Why Some People Pay More for Medicare What Is IRMAA? Most people who have Medicare Part B pay a standard monthly premium. However, some Medicare beneficiaries pay more based on their income. This extra amount is called the Income-Related Monthly Adjustment Amount, commonly known as IRMAA. IRMAA is not […]
Hybrid Life Insurance: Combining Long-Term Care and Life Coverage
In the ever-evolving landscape of personal finance and insurance, hybrid life insurance has emerged as a significant player. This type of policy combines life insurance with long-term care (LTC) insurance, providing a multifaceted approach to financial planning. Let’s delve into what hybrid life insurance is, how it works, and why it might be a suitable […]
Side Hustles and Entrepreneurism Have Risks: Are You Covered?
After businesses shuttered and U.S. workers were sent home at the height of the pandemic in 2020, a report from Dollar Sprout revealed that more that 27% of those with a side hustle rely on that income to pay their bills. They might be doing anything from tutoring, freelance writing, offering professional consulting services, walking […]
Why Your Small Business May Need Workers’ Compensation Insurance
As a small business owner, you may face an important decision — does my business need workers’ compensation insurance? Your state’s department of insurance sets the rules for which employers need workers’ compensation and which do not. In some states, hiring just one employee, even a part-time worker, means you must purchase a workers’ […]
Protect Your Income with Disability Insurance
Most of us have insured our home, possessions, cars and our lives. However, have you insured something that might be even more important: your ability to consistently earn income? This may be the most important asset you have. Consider the following: if you currently earn $50,000 a year and you’re 35 years old, from now […]
11 Important Medicare Mistakes to Avoid
770-941-6154 Let’s Talk As many of you know, Medicare is complicated. Many Medicare mistakes occur on a regular basis. Avoiding these mistakes ensures that you’ll have far fewer challenges in getting the care you need. If you haven’t enrolled in Medicare yet, you’ll be well ahead of the game by keeping these common mistakes in […]
How Life Insurance Could Help Mitigate Taxes in Retirement
770-941-6154 Let’s Talk Higher taxes could follow in the wake of soaring government spending on pandemic relief measures — a likelihood that shines a new light on the tax advantages of life insurance. Permanent life insurance offers a tax-free death benefit, and a portion of each premium goes into a cash-value account that accumulates on […]
Do You Have a Will?
A 2021 Gallup poll found that only 46% of U.S. adults have a will — similar to the results of other Gallup polls over the last 30 years. It’s not surprising that older people are more likely to have a will, as are people with higher incomes. Regardless of age or income, having a […]
Life Insurance Living Benefits
When thinking about life insurance, you might focus on the death benefit that can be used for income replacement, business continuation, and estate preservation. But life insurance policies may include other provisions that allow you to access some or all of the death benefit while you are living. These features are often referred to as […]