Money Matters – Skloff Financial Group Question of the Month – February 1, 2018 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2018, can we still contribute to Individual Retirement Accounts for 2017? How long do we have to contribute for 2017? A: The Problem — Foregoing Financial Planning and Tax Planning […]
Long Term Care University – Question of the Month – 01/15/18 By Aaron Skloff, AIF, CFA, MBA Q: Can long term care insurance be offered as a company benefit to all or a limited number of our employees? If so, are there any tax advantages for employers or employees? Are there tax advantages for individuals […]
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 […]
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 […]
