Medicare is the health insurance program offered by the U.S. government to citizens aged 65 and older who are eligible based on their Social Security earnings record or their spouse's eligible earnings record. Medicare Part A, referred to as hospital insurance, is typically free. Medicare Parts B and D, which cover medical services and prescription drugs, come at a cost. ... Read More
A common question heard by advisors as clients age is, “Should I add my adult child’s name to the title of my home?” While adding someone to the title of a home is a strategy, there are several downsides to keep in mind and alternative methods to consider.... Read More
Did you know federal income tax credits and incentives are available for energy-efficient home improvements? The new program created within the Inflation Reduction Act, passed last summer, is (partially) live. Don’t pass up the thousands of dollars the program could save you!... Read More
When was the last time you updated, or even thought about, the beneficiary designations listed on your retirement accounts, life insurance, or annuity contracts? If you don’t remember, it’s time for a review!... Read More
Philanthropic giving by Americans in 2021 totaled nearly $485 billion! Of that amount, individuals like you gave 67% or $327 billion. Question: Are you using the best strategy and getting the most “bang for the buck” when donating to your favorite charity?... Read More
There are less than six weeks left in 2022. You have roughly 40 days to assemble a Thanksgiving feast, shop for gifts, prepare for holiday get-togethers, and complete year-end, tax-related actions. The clock is ticking!... Read More
It's that time of year! If you have a student entering or returning to college in the fall of 2023, the financial aid application process begins soon. An hour of your time could mean thousands of dollars for tuition and expenses. ... Read More
Indiana’s CollegeChoice 529 plan is a fantastic way to save for college expenses due to its low cost and strong investment options as well as the income tax credit received by contributors. Read on to discover frequently asked questions and answers regarding 529 plans.... Read More
The Federal Trade Commission (FTC) received 2.8 million fraud reports in 2021 from consumers. 2.8 million! Consumers reported fraud losses of $5.8 billion in 2021, which was an increase of 70% in comparison to 2020. ... Read More
If you have a partner/spouse, child, or elderly parent dependent on your income, you have a need for life insurance. The question: “Am I keeping up with the need?” If you are not checking your need versus your coverage on a regular basis, you may be putting your loved ones in a precarious situation. ... Read More
