Retirement is a jarring transition of your life. You’ve spent the last several decades waking up and going to work every day, but now you’re experiencing a jarring change. You wake up, and you don’t have to drag yourself to work. While it sounds like a wonderful change, there are thousands and thousands of retirees… Continue Reading
When it comes to government programs, there are some individuals who qualify for both Medicare and Medicaid benefits. In an attempt to integrate such benefits, there are certain programs in place. Programs of All-Inclusive Care for the Elderly, or PACE, works to integrate Medicare and Medicaid services, as well as to provide benefits at a… Continue Reading
When it comes to helping those who have low incomes and asset levels pay for health care expenses, Medicaid is known as the national “safety net.” This government program – a combination of federal and state regulations – helps in paying the costs of those who are in various groups, including seniors, as well as… Continue Reading
Although Medicare and Medicaid will pay for a fairly extensive number of services for those who are in the United States, these programs will not typically pay for medical services that are received outside of the U.S. and it territories – other than in extremely rare circumstances. The good news is that those who live… Continue Reading
For those who live in the United States, enrolling in Medicare can be somewhat simple – at least as far as staying abreast of current information and visiting a local Social Security office if the need should arise. Those who live abroad, however, may have it a bit more difficult. If you live outside of… Continue Reading
Long-term care is one of the most needed services for Medicare enrollees, but in most cases it is not covered under Medicare plans. 70% of Americans over the age of 65 will need some long-term care at some point during their lives. Many Medicare participants are surprised to discover that their coverage will not pay… Continue Reading
In today’s world, people are living longer lives than they ever have before – and that is a very good thing. It means that they can spend more time in retirement enjoying the things that they love to do such as traveling, playing golf, and even just relaxing. But these longer life spans can also… Continue Reading
When investing for retirement, there can be a plethora of different strategies. Certainly, one of the best ways of maximizing your retirement savings – and your retirement income – is to minimize your taxes. Both annuities and IRAs (Individual Retirement Accounts) have been known for their tax advantages when it comes to retirement savings. Yet,… Continue Reading
Throughout the years, there have been many different financial vehicles that have been introduced for the purpose of helping to meet the needs of consumers who require income in retirement. One of the most recent of these is the fixed indexed annuity or FIA. Unlike a regular fixed annuity, the FIA has its growth linked… Continue Reading
For many retirees, the income that is received from an annuity can provide either a nice supplement for additional travel and fun, or it may offer the funds that are needed for filling in an income gap for paying necessary living costs once an employer’s paycheck stops. In any case, annuities have provided many retirees… Continue Reading
