Author Archive for: f2819644
Entries by f2819644
Retirement Plan Contribution Limits for 2024 and 2023 – 01/01/24
Money Matters – Skloff Financial Group Question of the Month – January 1, 2024 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2024. What are the contribution limits for various retirement accounts in 2024? The Problem – Lack of Retirement Savings Most pre-retirees […]
Medicare Part B Premiums 2024
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 $240 per year for your Part B deductible. After your deductible is met, you typically pay 20% of the Medicare-approved amount for these: Most […]
Nationwide CareMatters Together Hybrid Life and Long Term Care Insurance
Nationwide CareMatters Together Hybrid Life and Long Term Care Insurance Nationwide CareMatters Together is long-term care protection linked to life insurance (called a linked-benefit policy). It’s a simple way for you to plan now for potential LTC needs so you have more control over your care options later on. There’s one pool of money […]
Traditional Versus Hybrid Life and Long Term Care Insurance With a Single Premium Payment – Which Is Better? – Long Term Care University – 12/15/23
Long Term Care University – Question of the Month – 12/15/23 Research By Aaron Skloff, AIF, CFA, MBA Q: We read the Long Term Care University article ‘Traditional Versus Hybrid Life and Long Term Care Insurance’. Can you compare Traditional versus Hybrid Life and Long Term Care (LTC) Insurance premiums paid with a single […]
Year End Tax and Financial Planning for 2023 – 12/01/23
Money Matters – Skloff Financial Group Question of the Month – December 1, 2023 By Aaron Skloff, AIF, CFA, MBA Q: With the end of the year quickly approaching, what are some important tax and financial planning measures we can take to reduce our taxes and improve our financial position? The Problem – Year-End […]