Why Life Settlements Are Becoming A Mainstream Financial OptionAmericans are living longer than ever before. This is great news for those who can afford it, but bad news if you’re a baby boomer facing mounting debt and dwindling savings.The Stanford Center for Longevity reports that baby boomers …
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 …
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 …
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 …
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 …