Long Term Care University – Question of the Month – 04/15/22 By Aaron Skloff, AIF, CFA, MBA Q: We are concerned about the exorbitant costs for long term care. Should we insure or self-insure our long term care costs? The Problem – Paying for Long Term Care According to the U.S. Department of Health and […]
The World’s 10 Richest Billionaires 2001-2022 – Forbes War, pandemic and sluggish markets hit the world’s billionaires this year. There are 2,668 of them on Forbes’ 36th-annual ranking of the planet’s richest people—87 fewer than a year ago. They’re worth a collective $12.7 trillion—$400 billion less than in 2021. The most dramatic drops have […]
Money Matters – Skloff Financial Group Question of the Month – April 1, 2022 By Aaron Skloff, AIF, CFA, MBA Q: We read your article ‘Income Tax and Capital Gains Rates 2022’. What are your top 10 recommendations to reduce income taxes and capital gains taxes in 2022? The Problem – Taming the Tax Beast […]
Long Term Care University – Question of the Month – 03/15/22 Research By Aaron Skloff, AIF, CFA, MBA Q: Can Hybrid Life and Long Term Care Insurance be offered as a company benefit? If so, are there any tax advantages for employers or employees? Are there tax advantages for individuals who buy a policy on […]
Click to Enlarge How High Are Individual Income Tax Rates in Your State? – 2022 Map shows top marginal rates: the maximum statutory rate in each state. This map does not show effective marginal tax rates, which would include the effects of phase-outs of various tax preferences. Local income taxes are not included. Source: Tax […]
Money Matters – Skloff Financial Group Question of the Month – February 1, 2022 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2022, can we still contribute to Individual Retirement Accounts for 2021? What are the contribution limits, income limits and contribution deadlines for 2021 and 2022? A: The Problem — Foregoing […]
