As we deal with ever shrinking budgets and look for answers for quality of life, family plays an important role. Here is an excellent article that discusses multigenerational living. A subject close to my heart. It can happen and it is NOT for everyone. If you decide to experiment with it, here is a good…
As part of our standard equipment, human beings, have an innate need to know the future. Since the dawn of societal communication, we have sought out oracles, soothsayers, prophets, psychics, and a host of others who promise to deliver accurate forecasts of our various futures. Our quest for direction in a seemingly directionless world, has…
IRC 408A(e)(1)(B)(i), referring back to IRC 408(d)(3). This was a listener posed question and one that has a storm of confusion around it. However, a plain reading of the relevant regulatory provision, Internal Revenue Code 408(d) makes it quite clear that minimum required distributions are not eligible for a Roth IRA rollover. The problem may…
Congress has passed and President Obama has signed into law the deal extending the Bush tax cuts that he struck in December with Congressional Republicans during the “lame duck” session of Congress. The legislation restores the estate tax for two years. Estates up to $5 million will be exempt from paying any federal estate tax…
There are many decisions to be made when imminent death is approaching for a loved one. Questions regarding what type of care, medical assistance and even physical location for their last days confront us. If care at home has been given, should loved ones be moved to a facility or remain at home? If in…
The first of the 78 million baby boomers turned 65 on January 1, 2011, and some 10,000 a boomers a day will reportedly be turning 65 between now and 2030. If you are among those about to turn 65, then it is time to think about Medicare. You become eligible for Medicare as soon as…
Evaluating CCRC fees, this New York Times article sheds light on the costs.
Supposedly the state will save over $8M dollars – but it will also lose $8M in federal matching grants. Perhaps there is some logic to this math, but it eludes me. Perhaps you can help figure out how saving $8M while losing an almost equal sum is saving money. Read The Spokesman-Review’s report »
Ever wonder what medical procedures cost? Believe it or not – there is a healthcare blue book that might give you some answers.
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