Do you detest the government more than large corporations? Or the other way around? And does it matter? Here is a showdown between our insurance commissioner and the state’s largest insurance companies (Group Health, Regence and Premera). The state is asking the legislature to pass a bill barring the insurance companies from raising rates, which…
The 10 Worst states to retire: http://www.aarp.org/work/retirement-planning/info-12-2010/10-worst-states-for-retirement.html The 10 Best states to retire: http://www.aarp.org/work/retirement-planning/info-09-2010/10-best-rated-states-for-retirement.html
A reverse mortgage may make principle and interest payments go away, but not insurance premiums or taxes. This latest downturn in the market place has left many seniors without the ability to be able to pay taxes which leads to foreclosure. And the federal government holding the bag. Be careful in how you use the…
Falls are as serious for elderly as a stroke or heart attack. This is a serious story. The good news is that with some guidance you can get Medicare to pay for evaluation of your risk of falls and if you are at risk then to help pay for the intervention needed to keep you…
One thing we can all agree on is that there is a lot of hot air coming from across the aisle. But not from our side. That is simply poppy cock. With the multiple channels of news or sensationalized stories paraded around as news we fuel the fire. The true culprit is NOT the media…
It is almost inevitable that Medicare and Social Security will see significant changes. Retirement age will likely be moved up yet again. Medicare will become a means tested program. And co-payments will be extended to cover services that do not have any co-payments. One such example is home health. $150 for each episode of home…
Another example of how our retirement system is fragmented (communication between primary care physicians and specialists they refer to have poor communication.) The biggest frustration for most consumers of medical services is the fragmented system that we call the health care system. What is even more striking is that there is just about no expectation…
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…