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Long Term Care Insurance Tax Benefits 2021 – Long Term Care University – 01/15/21

    Long Term Care University – Question of the Month – 01/15/21 Research 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 […]

Medicare Part B Premiums 2021

Click to Enlarge Part B premiums are based on tax returns from two years earlier. Medicare doesn’t cover long-term care (also called custodial care). Part B Deductible and Coinsurance You pay $198 per year for your Part B deductible. After your deductible is met, you typically pay 20% of the Medicare-approved amount for these: Most […]

Retirement Plan Contribution Limits for 2021 and 2020 – 01/01/21

    Money Matters – Skloff Financial Group Question of the Month – January 1, 2021 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2021.  What are the contribution limits for various retirement accounts in 2021? The Problem – Lack of Retirement Savings Most pre-retirees […]

The Washington State Long-Term Care Insurance Partnership Program – Long Term Care University – 12/15/20

    Long Term Care University – Question of the Month – 12/15/20 Research 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 offers and details on the Washington State Long Term Care Insurance Partnership Program? The […]

The Cost of Missing Out

Click to Enlarge The Cost of Missing Out Research has shown that missing out on the best trading days has a huge impact on long-term returns, as they often follow the worst days. Using market data going back to 1930, Bank of America found that an investor who missed the S&P 500 index’s best 10 […]