Entries by Aaron Skloff, AIF, CFA, MBA

Should You Have Life Insurance and a Will? – Explainomics – MarketWatch

Should You Have Life Insurance and a Will? There has been a lot of buzz around life insurance on social media recently. But is that something you should consider? And at what age? ln this episode we break down everything you need to know about life insurance and wills. Click Here for Your Life Insurance […]

The Cost of Care – Planning to Afford the Unknown

Long-term care insurance is designed to pay for or reimburse the costs of long-term care. Linda’s plan covers up to $8,000 a month, which is more than 90% of Paul’s memory care center costs. “If we didn’t have long-term care, we’d be pulling from his and my retirement accounts and at a young age,” Linda […]

How New FAFSA Changes Can Boost Your Financial Aid – WSJ Your Money Briefing

How New FAFSA Changes Can Boost Your Financial Aid – WSJ Your Money Briefing Changes to the Free Application for Federal Student Aid, or Fafsa, will allow people to make contributions to their 401(k) without it impacting the amount of financial aid they receive. Click Here for Your Long Term Care Insurance Quotes

Are All Roth IRA Withdrawals Tax Free? – Part 3

Money Matters – Skloff Financial Group Question of the Month – November 1, 2023 By Aaron Skloff, AIF, CFA, MBA Q: We read ‘Are All Roth IRA Withdrawals Tax Free?’ Part 1 and Part 2. Can you give additional examples and the tax implications of Roth IRA withdrawals? The Problem – Knowing When Roth IRA […]

Traditional Versus Hybrid Life and Long Term Care Insurance With Lifetime Premium Payments – Which Is Better? – Long Term Care University

Long Term Care University – Question of the Month – 10/15/23 By Aaron Skloff, AIF, CFA, MBA Q: We read the Long Term Care University article ‘Traditional Versus Hybrid Life and Long Term Care Insurance’. We are concerned about long term care insurance premium increases.  Can you compare Traditional versus Hybrid Life and Long Term Care (LTC) […]

Are All Roth IRA Withdrawals Tax Free? – Part 2

Money Matters – Skloff Financial Group Question of the Month – October 1, 2023 By Aaron Skloff, AIF, CFA, MBA Q: We read ‘Are All Roth IRA Withdrawals Tax Free?’ Part 1.  Can you give examples and tax impact of Roth IRA withdrawals? The Problem – Knowing When Roth IRA Withdrawals Are or Are Not […]