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. [...]
How to Stay on Budget This Holiday Season
Don’t let the holiday season undo a year of financial progress. Although too much merry-making can do a number on your bank account, it is possible to stick to a budget this time of year. Follow these tips to stay on budget when shopping for gifts, planning holiday entertainment and making travel arrangements. First, create [...]
10 Questions to Answer Before You Choose Your Medicare Plan
Open enrollment for Medicare runs between October 15 and December 7. This is when beneficiaries can switch plans for the upcoming year. Choosing a plan is an important task, and it shouldn’t be done before you answer these 10 questions. Has your current plan changed? Pay attention to the Annual Notice of Change letter you [...]
LTC Benefits Now Available in Some Texas Medicare Advantage Plans
Long-term care is a major expense that many seniors will need to cover but few have planned for. According to the U.S. Department of Health and Human Services, a person turning 65 today has a 70 percent chance of needing long-term care services at some point. Care can cost thousands of dollars each month, and [...]
