An employee should select a 401k rollover if he wants to refrain from having to look after and manage multiple 401k accounts and also pay extra in terms of the account charges towards administration of all those accounts. In this way, the account owner can continue to achieve decades of tax-deferred compounding that his invested funds earn in a 401k account. A major advantage of a 401k-retirement plan is that the employee has an option to retain it throughout his career. When…
Long Term Care Insurance, What Am I Protecting?
What does long term care insurance protect? In some instances this is an obvious answer. Let’s keep the burden of care giving away from our kids; they have their own lives to live. The other obvious answer is protecting ones assets. The longer we live the greater the chances of having a long term care event in our lives. Let’s take a look at both areas.
Is Your Financial Planner Going To Pay Your Long Term Care Bills?
I always like to ask my clients, “Will your financial planner be willing to pay your long term care bills, will they have access to good quality Home Health Care Providers?” Many lawyers and advisors are now reluctant to recommend against Long Term Care Insurance for fear of law suits later on, from children, when hundreds of thousands of dollars were required to pay for their parents long term care bills. Planners who fail to recommend coverage are more times than not, una…
How To Supplement An Existing Long Term Care Policy Without Paying Premiums
Quite a few people may find themselves in this situationÂ…
How Are SEP IRAs Established To Save For Retirement
A Simplified Employee Pension (SEP) plan is established when an employer adopts a SEP agreement and has a minimum number of employees working in the organization who qualify for owning a SEP-IRA account. The qualification criteria for an employee to become eligible for the employerÂ’s SEP-IRA plan include:
Long-Term Care – The Ignored Need
Long term care. People fear it. They know they will probably need it. But only a few are are doing anything about it. Future needs for long term care can, and should, be addressed now. There is help available.
Announcing the Best Guarantee in a Long Term Care Policy
The biggest concern about buying a long term care policy is “what if I never need to use it?” This article explains how you can have your cake and eat it too with the best policy guarantee available.
Long term assistance guide
Long term care basically relates to the care or assistance that is needed when the individual is rendered incapable of taking care of his own self. The people who have taken retirement from their work and are dwelling on petite pensions most often constitute this category.