Posts Tagged ‘retirement’

Will Congress Help Us???

Thursday, May 6th, 2010

             The tax cuts instituted under President Bush are going to expire at the end of this year.  Maybe you believe those in Washington will extend the current tax law, but that would take an act of Congress.   If they’re not extended, how serious will this be to the average person? How will this tax increase of $2.4 trillion affect the average tax payer?

             This lack of repeal will increase taxes for 17 million seniors an average of $2,034 per year according to the Heritage Foundation, a Washington D.C. non-profit think tank.  That is approximately $170 per month!  Many seniors will find themselves dipping into savings to pay the taxes, if they have savings at all. (more…)

  • Share/Bookmark

Tags: , , , , , , ,
Posted in Newsletters | No Comments »

A NATION OF PRIVILEGE

Wednesday, March 24th, 2010

In the nineties I was involved with a number of companies that brought Russian technology to the United States to develop businesses. At one point I asked one of the Russian gentlemen what he thought of our country. He said he was particularly taken by our privileged class. When I asked him to clarify the statement, he said, “You know, your teenagers.” He went on to explain how they drive the cars, buy the clothes and the electronic equipment, and they do it all at little to no cost to themselves. However, they are not the only group that has favor in this nation. There are other groups with favor based on age, health, income, net worth, and occupation.

(more…)

  • Share/Bookmark

Tags: , , , , , , , , , , , , ,
Posted in Newsletters | No Comments »

Employment Benefits Planning

Friday, October 2nd, 2009

        This is the time of the year when employers ask their employees to select the benefits they wish to establish for next year. The proper selection of benefits can result in great values or high costs depending on the employees’ understanding of alternative solutions and the real value benefits being offered. Unfortunately, it varies with each person.

        If you are healthy and have no chronic diseases, life insurance offered through your employer will likely be more expensive than what is offered through non-group coverage. Proper selection of the coverage for reduced rates and adequate coverage is necessary and we can assist in that process. Group insurance may be the best alternative for someone with chronic diseases. It should be noted that a loss of employment will also mean a loss of group coverage. (more…)

  • Share/Bookmark

Tags: , , , , , , , , ,
Posted in Newsletters | No Comments »

A Brief Explanation of Medicare

Friday, July 10th, 2009

In America today, we have seen a great deal of confusion about healthcare for the elderly.  It is my objective to clear up some of the complexities of Medicare, which is simply health care for the elderly or disabled.  To qualify for eligibility, you must be over the age of 65, disabled under Social Security for two years, or have end stage renal disease.

Medicare Part A is hospital insurance and pays some of the cost of skilled nursing care, hospice care, and home health care.  This coverage costs about $400 each month unless you have paid Medicare taxes for 30 quarters (7½ years).  Once these taxes have been paid, there is no monthly cost associated with this coverage.  (more…)

  • Share/Bookmark

Tags: , , , ,
Posted in Newsletters | 1 Comment »