Entries by Aaron Skloff, AIF, CFA, MBA

3 Worst States for Taxes on Retirees – Kiplinger’s Personal Finance

3 Worst States for Taxes on Retirees – Kiplinger’s Personal Finance High income taxes, sales taxes and taxes on Social Security and other retirement income make Connecticut, Kansas and Minnesota especially tax-unfriendly for retirees.  Click Here for Your Long Term Care Insurance Quotes

3 Best States for Taxes on Retirees – Kiplinger’s Personal Finance

3 Best States for Taxes on Retirees – Kiplinger’s Personal Finance No state income tax including no taxes on Social Security benefits help place Alaska, South Dakota and Wyoming among the best places to retire in the U.S. in 2018.  Click Here for Your Long Term Care Insurance Quotes

Medicare Part B Premiums 2018

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 $183 per year for your Part B deductible. After your deductible is met, you typically pay 20% of the Medicare-approved amount for these: Most […]

The Dow Jones Industrial Average 1896-2016

Click to Enlarge The Dow Jones Industrial Average 1896-2016 Human Innovation Always Trumps Fears The Dow began its career with 12 components and has risen more than 50,000% over its lifetime. It took 25 years for the market to recover from the 1929 stock-market crash, and 16 years to recover from the combined effect of the […]

Business Retirement Plans 2018

Click to Enlarge Business Retirement Plans 2018 Please see these links for articles on SEP IRAs, SIMPLE IRAs and 401(k)s. Click Here for Your Long Term Care Insurance Quotes

Retirement Plan Limits 2017 and 2018

Click to Enlarge Retirement Plan Limits 2017 and 2018 Please see these links for articles on SEP IRAs, SIMPLE IRAs and 401(k)s. Have Your 401(k), 403(b), 457(b) Account Professionally Managed  

State Life Asset-Care – Combination Life and Long Term Care Insurance

Click Here for Your Long Term Care Insurance Quotes    Asset-Care isn’t traditional long-term-care insurance.  Asset-Care is life insurance that helps protects your assets in retirement and gives you guarantees. Really. You have spent years dreaming of their retirement. Traveling the world. Spending time with grandchildren. Enjoying new and old hobbies. The last thing […]

Retirement Plan Contribution Limits for 2018 and 2017

Money Matters – Skloff Financial Group Question of the Month – January 1, 2018 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2018.  What are the contribution limits for various retirement accounts in 2018? The Problem – Lack of Retirement Savings Most pre-retirees recognize they […]