Long Term Care University – Question of the Month – 01/15/26 By Aaron Skloff, AIF, CFA, MBA Q: Can long term care insurance be offered as a company benefit to all or a limited number of our employees? If so, are there any tax advantages for employers or employees? Are there tax advantages for individuals […]
Money Matters – Skloff Financial Group Question of the Month – January 1, 2026 By Aaron Skloff, AIF, CFA, MBA Q: Our 401(k) accounts represent a significant portion of our assets and are our largest retirement accounts. What are the advantages of having our 401(k) accounts professionally managed? The Problem – Getting Professional Advice to […]
Money Matters – Skloff Financial Group Question of the Month – January 1, 2026 By Aaron Skloff, AIF, CFA, MBA Q: I recently left my company. My spouse is still working for her company. What are the advantages of rolling over our 401(k) accounts into professionally managed IRAs The Problem – Getting Professional Advice to […]
Money Matters – Skloff Financial Group Question of the Month – January 1, 2026 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2025. What are the contribution limits for various retirement accounts in 2025? The Problem – Lack of Retirement Savings Most pre-retirees recognize they […]
Click to Enlarge IRA Contribution and Income Limits for 2025 and 2026 Please see these links for articles on Traditional IRAs and Roth IRAs, Backdoor Roth IRAs, Jumbo Roth IRAs, SEP IRAs, SIMPLE IRAs, 401(k)s. Income defined as Modified Adjusted Gross Income (MAGI). Have Your 401(k), 403(b), 457(b) Account Professionally Managed
Click to Enlarge Part B premiums are based on Modified Adjusted Gross Income (MAGI) tax returns from two years earlier. Medicare doesn’t cover long-term care (also called custodial care). Part B Deductible and Coinsurance You pay $283 per year for your Part B deductible. After your deductible is met, you typically pay 20% of the […]
Long Term Care University – Question of the Month – 12/15/25 By Aaron Skloff, AIF, CFA, MBA Q: Some insurance companies offer Partnership Qualified long term care insurance policies. Can you explain what that means, what advantages it may provide and details on the Delaware Long-Term Care Insurance Partnership Program? The Problem – Limited Long […]
