Money Matters – Skloff Financial Group Question of the Month – December 1, 2015 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 Financial Oversights […]
Long Term Care University – Question of the Month – 11/15/15 By Aaron Skloff, AIF, CFA, MBA Q: We recently received a letter from our Long Term Care Insurance company notifying us that our policy premiums may increase. What options do we have? The Problem – Long Term Care Insurance Premium Rate Increase Almost all […]
Long Term Care University – Question of the Month – 10/15/15 By Aaron Skloff, AIF, CFA, MBA Q: Our automobile insurance company raised our rates after our first fender bender and our homeowners insurance company will not renew our policy after two small claims. Can our Long Term Care Insurance company increase our rates or […]
Money Matters – Skloff Financial Group Question of the Month – October 1, 2015 By Aaron Skloff, AIF, CFA, MBA Q: Through diligent savings we have accumulated large Individual Retirement Accounts (IRAs). Due to recent market volatility we are concerned about converting our Traditional IRA to a Roth IRA. What are the implications of converting […]
Long Term Care University – Question of the Month – 09/15/15 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 if the Connecticut Partnership for Long Term Care is unique? The Problem – Limited […]
Money Matters – Skloff Financial Group Question of the Month – September 1, 2015 By Aaron Skloff, AIF, CFA, MBA Q: Are there any tax ramifications to rolling over my Individual Retirement Account (IRA)? A: The Problem — Taxes and Penalties on Improper Rollovers Beginning in 2015, there are new IRS rules for IRA Rollovers. […]
