Retiring and signing up for Medicare? A Premium Challenge may be just what the “doctor” ordered for your finances
If you are in this situation, you are probably being bombarded with “information” on Medigap and Advantage plans (often referred to as Medicare Part C, however it is provided through insurers). Of course, this is an important decision you will need to make. However, another factor to consider as you retire that gets little mention […]
University Benefits: Knowing and Making the Right Choices
As a university professor or professional, you receive many benefits. Not surprisingly, some of our clients were not aware of them all. Are you? To maximize these benefits requires some familiarity not only with them, but also the stipulations around them. We have highlighted some of these benefits and rules surrounding them below. Tax Management […]
President Biden Proposes Tax Plan: Hurry Up and Wait
There are always proposals to change the tax code with a new presidential administration to push initiatives and programs through tax incentives. President Joe Biden’s administration is no different; while his term is at its infancy, we are starting to get a picture of some upcoming legislation that will impact taxpayers, especially those making over […]
Retiring and Signing Up for Medicare? Consider a Premium Challenge
Are you retiring and signing up for Medicare? A Premium Challenge may be just what the “doctor” ordered for your finances. If you are in this situation, you are probably being bombarded with “information” on Medigap policies and Advantage plans (often referred to as Medicare Part C, however it is provided through insurers). Of course, […]
Tax Strategies for Charitable Giving in 2020
2020 has been a year unlike any in my lifetime. We are now in the fourth quarter of the year, and, if you are like me, you are ready to put this year behind you. That is not to say there is nothing left to do before we close the books on this year. As […]
Financial Planning Day Focuses on Helping People
Did you know Oct. 7 was World Financial Planning Day? Well, don’t feel bad if you missed it; we kind of did as well. But, we are making up for it with this article. We usually use this space to inform you on topics that touch your personal finances and hopefully give you some insightful […]
Understanding Your Social Security Statement Page-by-Page
In a previous post, we considered the question: “Will You Ever Recoup What You Paid into Social Security?” This leads to another question: “How much have you actually paid into Social Security?“ To answer that question, you need look no further than Your Social Security Statement. In addition to answering the above question, there is […]
How You Get Paid In Retirement
During our working lives, we become accustomed to the rhythm of a bi-weekly or monthly paycheck. For most of us, that is 40+ years of paying bills, saving for retirement, and handling other expenses from income that regularly flows into our bank accounts. What happens when you finally retire and the paychecks suddenly stop? This […]
Looking for Signs: Guidance, Caution, and Hope
A few hours’ drive from my hometown in North Carolina you will find the Outer Banks, a picturesque string of islands and inlets. The Outer Banks boast one of the most interesting, and most treacherous coastlines, in the world. The geography there changes due to natural ocean occurrences. The sea creates new islands and inlets […]
Will You Ever Recoup What You Paid into Social Security?
Have you ever said or heard someone say, “I’ll never get the money back that I paid into Social Security!”? Or, “I wonder how many years it will take me to just get back the money I paid into Social Security?” Usually, these questions are followed by the irreversible decision to take Social Security early. […]
