Entries by Aaron Skloff, AIF, CFA, MBA
IRA Contribution and Income Limits for 2021 and 2022
Click to Enlarge IRA Contribution and Income Limits for 2021 and 2022 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). Click Here for Your Long Term Care Insurance Quotes
Missing Top Performing Days Can Hurt Your Return – BlackRock
Missing Top-Performing Days Can Hurt Your Return Hypothetical Investment of $100,000 in the S&P 500 Index Over the Last 20 Years (2002–2021) The graph below shows how a hypothetical $100,000 investment in stocks would have been affected by missing the market’s top-performing days over the 20-year period from January 1, 2002 to December 31, 2021. […]
Medicare Part B Premiums 2022
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 $233 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 2022 and 2021
Money Matters – Skloff Financial Group Question of the Month – January 1, 2022 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2022. What are the contribution limits for various retirement accounts in 2022? The Problem – Lack of Retirement Savings Most pre-retirees recognize they […]
The South Carolina Long-Term Care Insurance Partnership Program – Long Term Care University
Long Term Care University – Question of the Month – 12/15/21 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 South Carolina Long-Term Care Insurance Partnership Program? The Problem – Limited […]
Office Hours with Gary Gensler: What is a SPAC Anyway? – U.S. Securities and Exchange Commission
Office Hours with Gary Gensler: What is a SPAC Anyway? In this episode of Office Hours, SEC Chair Gary Gensler breaks down what a special purpose acquisition company (SPAC) is and potential concerns with SPAC investments. The Securities and Exchange Commission is working to ensure that investors in SPACs are being protected. This may require […]
