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The Estate, Legacy and Long-Term Care Planning Center of Western NY

Financial Advisor in Rochester, NY

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billmonte

June 17, 2020 By billmonte

New HSA Account Rules

New HSA Account Rules

New HSA Account Rules Health savings accounts have always offered a valuable triple tax break: Your contributions are tax-deductible (or pretax if through your employer), the money grows tax-deferred and you can withdraw it tax-free for eligible medical expenses at any time. And recent changes to …

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June 16, 2020 By billmonte

If Cash is King, a Life Settlement is His Crown

If Cash is King, a Life Settlement is His Crown Having sufficient liquidity will be the defining economic issue of 2020. Now more than ever, cash is king. As millions of retired seniors witnessed the value of their retirement portfolios plummet amid the COVID-19 crisis, financial advisors were …

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June 14, 2020 By billmonte

7 Ways LTCi Can Keep Your Client Out Of The Nursing Home

7 Ways LTCi Can Keep Your Client Out Of The Nursing Home

7 Ways LTCi Can Keep Your Client Out Of The Nursing HomeNursing homes have received a lot of attention recently, and not in a good way. According to analysis completed for the Foundation for Research on Equal Opportunity, 42% of all COVID-19 deaths are taking place in facilities that house 0.62% of …

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June 14, 2020 By billmonte

Choosing the Best Long-Term Care Insurance Policy

Choosing the Best Long-Term Care Insurance Policy

Choosing the Best Long-Term Care Insurance PolicyHere are three questions to answer that can help steer you in making this critical retirement planning decision.Don’t hurry. But don’t wait too long. That’s the conundrum when you’re considering long-term care insurance. It’s one of those things most …

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June 12, 2020 By billmonte

June 2020

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