Money Matters – Skloff Financial Group Question of the Month – February 1, 2021 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2021, can we still contribute to Individual Retirement Accounts for 2020? What are the contribution limits, income limits and contribution deadlines for 2020 and 2021? A: The Problem […]
Click to Enlarge 16 Million – Americans provide unpaid care for people with Alzheimer’s or other dementias $244 Billion – Value of caregivers providing an estimated 18.6 billion hours of care 6th – Alzheimer’s disease is one of the leading causes of death in the U.S. 5 Million Americans are living with Alzheimer’s Click Here […]
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 $203 per year for your Part B deductible. After your deductible is met, you typically pay 20% of the Medicare-approved amount for these: Most […]