There’s a concern that a subtle wording change in the Trump administration’s proposed budget request for the Department of Housing and Urban Development (HUD) could
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Don’t Make These 401(k) Mistakes!
Kiplinger’s recent article, “The 7 Most Common 401(k) Mistakes to Avoid,” provides three good news/bad news retirement plan statistics. First, the Investment Company Institute reports
Estate of Actor Philip Seymour Hoffman to Be Settled Soon
Even on a financial level, it can take years for a large estate to settle—distributing property and resolving all of the executors’ duties. Wealth Advisor’s
What’s the Big Deal About Long-Term Care?
Many seniors don’t feel that long-term care (LTC) insurance is a viable option. They think it’s expensive and is often just protection against the cost
Tax Breaks for Retired Federal Employees?
Many states recognize federal retirees’ public service by exempting federal government pensions from taxes or treating them more favorably than other forms of income, such
Texting Your Will
In the U.S., laws about what constitutes a valid legal will have not changed very much since the Declaration of Independence. Most states still follow
Beneficiary Designation Horror Story
Regardless of your income or net worth, there’s one estate planning task you should do right now: check the beneficiary designations for your life insurance
When Can I Get the Life Insurance Company to Pay Out the Death Benefit?
A common question in settling the affairs of a loved one, is how long it generally will take after that person dies for the life
Does Your State Impose an Inheritance Tax?
New Jersey is one of the few states that still imposes an inheritance tax, says NJ.com in the article titled “How to avoid the inheritance
Changes in Medicare Surcharges Next Year
Bad news for high-income retirees who were hit with premium surcharges for Medicare Part B and Part D: they may need to pay a bit
Elder Abuse on the Rise
The Carroll County Times of Westminster MD recently reported, in an article titled “Know the signs of elder abuse and report it if necessary,” that
Don’t Stick Your Head in the Sand When It Comes to Senior Care
Are we in denial when it comes to care down the road?