Long Term Care University – Question of the Month – 01/15/14 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 […]
The Independent Press Money Matters – Skloff Financial Group Question of the Month – February 5, 2014 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2014. What are the contribution limits for various retirement accounts in 2014? A: The Problem — Lack of Retirement Savings […]
Long Term Care University – Question of the Month – 12/15/13 By Aaron Skloff, AIF, CFA, MBA Q: While the median cost of a nursing facility is approximately $84,000 per year and has increased approximately 5% per year over the last five years, what are the real costs of long term care? The Problem – […]
Click to Enlarge Individuals with some college but no degree earned 14% more than high school graduates working full time year-round. Median earnings for individuals with associate degrees working full time were 27% higher than median earnings for those with only a high school diploma. Individuals with master’s degrees earned twice as much before taxes […]
The Independent Press Money Matters – Skloff Financial Group Question of the Month – December 4, 2013 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? A: The Problem […]
The Wall Street Journal Weekend Investor – Family Value – November 23, 2013 New Strategies for Long-Term Care Premiums on Policies Keep Climbing. Here’s What to Do About It. By Kelly Greene As long-term-care insurance becomes more expensive and harder to get, what are families who want it left to do? What choices do families […]
Click to Enlarge By Aaron Skloff, AIF, CFA, MBA With a $100,000 one time premium, you gain: $100,000 refund of policy if you cancel, $185,846 tax free death benefit or $557,583 tax free long term care benefit. You also gain a $18,584 residual death benefit. Click Here for Your Long Term Care Insurance Quotes
