Long Term Care University – Question of the Month – 09/15/20 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 […]
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 […]
Money Matters – Skloff Financial Group Question of the Month – September 1, 2020 By Aaron Skloff, AIF, CFA, MBA Q: The stock market has increased so much in the last five years that I was thinking about selling all my stocks and mutual funds. What are they key considerations of such a change? The […]
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 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 – Limited Long […]
Money Matters – Skloff Financial Group Question of the Month – August 1, 2020 By Aaron Skloff, AIF, CFA, MBA Q: We read the articles ‘Are Indexed Universal Life Insurance Policies as Good as They Sound?’ Part 1 and Part 2. Can Indexed Universal Life (IUL) Insurance Policies be designed to maximize tax-free disbursements? The Problem […]
Money Matters – Skloff Financial Group Question of the Month – August 1, 2020 By Aaron Skloff, AIF, CFA, MBA Q: We read the article ‘Are Indexed Universal Life Insurance Policies as Good as They Sound?’ Part 1. Can Indexed Universal Life (IUL) Insurance Policies be designed to maximize the tax-free death benefit? The Problem […]
Money Matters – Skloff Financial Group Question of the Month – August 1, 2020 By Aaron Skloff, AIF, CFA, MBA Q: We are interested in permanent life. Are Indexed Universal Life (IUL) insurance policies as good as they sound? The Problem – Indexed Universal Life (IUL) Insurance Policies Can be Confusing Indexed Universal Life (IUL) […]
