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
Long Term Care University – Question of the Month – 11/15/13 By Aaron Skloff, AIF, CFA, MBA Q: Can I protect my home away from the Massachusetts MassHealth (Medicaid) Program if I purchase a Long Term Care Insurance policy? If so, are there any requirements? The Problem – Limited Benefits and Limited Medicaid Most long […]
Pacific PremierCare Adavantage Universal Life Insurance with Long-Term Care Benefits Rising Costs of Long-Term Care Costs of long term care has risen over 120% or 4.05% in the last 20 years 7 out of 10 Americans age 65+ will need some type of long-term care. Pacific PremierCare Long-Term Care Benefits If you need long-term care… […]
