Life is an ever-evolving journey marked by significant milestones, personal growth, and unexpected changes. As life unfolds, your financial and insurance needs also shift, changing from year to year, decade to decade. A good example of this is life insurance. If you have a life insurance policy that you haven't reviewed recently, it may no longer align with your current needs. That is why reviewing your life insurance periodically may be a good approach. Several factors affec

Generally, the different parts of Medicare help cover specific services. Most beneficiaries choose to receive their Parts A and B benefits through Original Medicare, the traditional fee-for-service program offered directly through the federal government. It is sometimes called Traditional Medicare or Fee-for-Service (FFS) Medicare. Under Original Medicare, the government pays directly for the health care services you receive. You can see any doctor and hospital that takes Med

When you are under 65, you become eligible for Medicare if: You have received Social Security Disability Insurance (SSDI) checks for at least 24 months Or, you have been diagnosed with End-Stage Renal Disease (ESRD) Eligibility for Medicare due to a disability You may qualify for Medicare due to a disability if you have been receiving SSDI checks for more than 24 months, also known as the two-year waiting period. The two-year waiting period begins the first month you receive

Preparing for retirement is not entirely financial. Your degree of happiness in your “second act” may depend on some factors that don’t come with an obvious price tag. Here are some non-monetary factors to consider as you prepare for your retirement. What will you do with your time? Too many people retire without any idea of what their retirement will look like. They leave work, and they cannot figure out what to do with themselves, so they grow restless. It’s important to

Expectations vs. Reality Predicting exactly what your retirement will be like is about as possible as a meteorologist predicting the...

Investment firms have a client service feature that may be a benefit to certain investors. They will ask you whether you would like to...

The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. Keep in mind that this...

The transition to adulthood is an exciting new stage that marks true independence. You may have graduated college, taken your first job,...

The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty...

We hear over and over again how important it is to maintain a healthy lifestyle. But being healthy for its own sake isn't easy—especially...

Every year, about 140 million households file their federal tax returns.   For many, the process involves digging through shoe boxes or...

While many people are familiar with the benefits of traditional 401(k) plans, others are not as acquainted with Roth 401(k)s. Since...