National Guardian Life (NGL) EssentialLTC Shared Benefit Rider – Long Term Care Insurance Couples who ask about potentially running out of benefits, could find the EssentialLTC Shared Benefit Amount Rider to be a cost-effective solution to provide additional coverage. With the Shared Benefit Amount Rider, if either or both insureds exhaust their own Benefit Amount, […]
Money Matters – Skloff Financial Group Question of the Month – October 1, 2020 SEP IRA – The Powerful Small Business Retirement Plan By Aaron Skloff, AIF, CFA, MBA Q: I am a sole proprietor earning $100,000 per year. My spouse owns a limited liability corporation (L.L.C.) and earns $400,000 per year. Is there […]
National Guardian Life (NGL) EssentialLTC Lifetime Benefit Rider – Long Term Care Insurance If clients are concerned about a long claim duration, lifetime benefits could be appealing. The EssentialLTC Lifetime Benefit Period Extension Rider can provide benefits that will continue for the remainder of the insured’s life while on claim. Click Here for Your Long […]
Long Term Care University – Question of the Month – 09/15/20 Research 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 […]
Click to Enlarge Does Your State Have a Marriage Penalty? 2020 A marriage penalty exists when a state’s income brackets for married taxpayers filing jointly are less than double the bracket widths that apply to single filers. In other words, married couples who file jointly under this scenario face a higher effective tax rate than […]
Click to Enlarge How High Are Property Taxes in Your State? 2018 Note: The figures in this table are mean effective property tax rates on owner-occupied housing (total real taxes paid divided by total home value). As a result, the data exclude property taxes paid by businesses, renters, and others. D.C.’s rank does not affect […]
Long Term Care University – Question of the Month – 08/15/20 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 may provide and details on the Michigan Long-Term Care Insurance Partnership Program? The Problem […]