Can You Deduct Medicare Expenses on Taxes?
Everyone has to pay taxes, but no one wants to pay more than they have to. Whether you’re counting on a big refund or simply want to keep the amount owed to Uncle Sam as low as possible, you need to take every deduction that’s legal. For many people aged 65 or older, this includes [...]
What Can I Do with My Medicare Insurance During the Open Enrollment Period?
A new year has begun, which means a new coverage period has begun as well. Medicare beneficiaries who selected a new plan during the Annual Election Period, which ran from October 15 to December 7, are now enrolled in their new plan. Medicare beneficiaries who chose to keep their policy may be dealing with changes [...]
The Four Types of Life Insurance
Not all life insurance policies are the same. Some expire after a set period of time, while others last as long as the insured needs it. Some have modest payouts intended to cover funeral costs, but others have larger payouts that can be used to pay off mortgages, send the kids to college and more. [...]