3 advantages of using fixed indexed annuities in retirementFixed indexed annuities are often pegged as a safer way to invest in the market. As such, many financial advisers spurn the product due to its perceived inefficiencies in growing wealth when compared to straightforward investment strategies... FIAs should be compared to insurance products, not investment security products like mutual funds. They allow clients to protect the principal of their investment in the insurance product while letting the annuity be credited with growth based on certain 
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"...If you have Part A, you may get IRS Form 1095-B from Medicare in the early part of the year. If you don't get Form 1095-B, don't worry. Not everyone will get this form from Medicare, and you don't need to have it to file your taxes..."  Medicare Advantage open enrollment. Dates: January 1 – March 31, 2020; Your plan change takes effect the month after you submit your enrollment.  When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019...  It's that time of year again. The yearly period when people can enroll in a health insurance plan. Open Enrollment for 2020 runs from November 1 to December 15, 2019. Outside the Open Enrollment Period, you generally can enroll in a health insurance plan only if you qualify for a Special Enrollment Period. You’re eligible if you have certain life events, like getting married, having a baby, or losing other health coverage. You can shop for plans in your area through this link (no obligation or cost). You can also enroll yourself through the Marketplace process here. If you need help or have questions, please contact me.  "The proportion of Americans without health insurance edged up in 2018 — the first evidence from the government that coverage gains under President Barack Obama’s health care law might be eroding..."  There are specific times when you can sign up for these plans, or make changes to coverage you already have.You don’t need to sign up for Medicare each year. However, each year you’ll have a chance to review your coverage and change plans...  You or a loved one may have just received an Alzheimer’s or dementia diagnosis, and while you may ride waves of shock and sadness, your thoughts may also turn to how you’ll take care of your loved ones (and yourself) financially.  Did you know that neither Medicare nor the Federal Employees Health Benefits (FEHB) Program cover any long-term care services? That is, until now. Although that’s still the case for the FEHB Program, the Center for Medicare and Medicaid Services (CMS) has made strides to change that in 2019, starting with the Medicare Advantage program...  You may be confused if you hear someone referring to the Comdex ranking of an insurance company and wonder what it means. A Comdex ranking is a composite score averaging the ratings of the major insurance rating organizations including A.M. Best, Fitch, Moody’s and S&P. The Comdex is not, in reality, a rating but rather a ranking based on the average of all the different ratings these different organizations give an insurance company.  |
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