by PTT Financial | Jan 17, 2020 | Articles for Consumers, Financial Planning
The cost of an average funeral might surprise you. According to Parting, the average North American funeral costs between $7,000 and $10,000. This expense is often unexpected, and it can add stress to an already difficult time. Funeral insurance, also called burial...
by PTT Financial | Dec 23, 2019 | Articles for Consumers, Medicare
The fall annual election period for Medicare is over, but a new enrollment period is starting soon. This year, the Medicare Advantage Open Enrollment Period may give beneficiaries a much needed second chance to pick the right coverage for 2020. If you’re unhappy with...
by PTT Financial | Dec 13, 2019 | Articles for Consumers, Financial Planning
The year is almost over. As 2020 approaches, you have one more chance to get your finances in order. End 2019 on a high note by taking these financial planning steps. Max Out Your Contributions Time is running out to make contributions to your retirement plans. If you...
by PTT Financial | Nov 26, 2019 | Articles for Consumers, Medicare
The annual cost-of-living adjustment (COLA) means that retirees will be getting bigger Social Security retirement benefits in 2020. Before you start celebrating the windfall, however, it’s important to consider two things. One, the increase is only 1.6 percent. Two,...
by PTT Financial | Nov 19, 2019 | Articles for Consumers, Medicare
If you have a health savings account (HSA) and you’re turning 65, beware. Although HSAs are often used for retirement savings purposes, Medicare enrollees cannot contribute to HSAs. Here’s what you need to know about enrolling in Medicare and using your HSA. HSAs –...
by PTT Financial | Nov 7, 2019 | Articles for Consumers, Medicare
Do you need some extra help? Low Income Subsidies (LIS), also called Extra Help, are available to help qualifying Medicare beneficiaries afford the costs of prescription drugs. To qualify for Extra Help, you need to meet the LIS resource limits. The LIS resource...
