Life Insurance Types Explained

Life Insurance Made Simple In all its forms life insurance has one core benefit – it pays an income-tax-free death benefit directly to your beneficiary when you die. Life insurance also gives you options that can reduce taxes immediately, build tax-advantaged income for retirement and/or provide assets to offset estate taxes. The two major types… Continue reading Life Insurance Types Explained

Reverse Mortgages Giving Seniors Extra Living Cash

Reverse Mortgages Satisfy Broad Range of Needs for Senior Homeowners William and Betty Ellis of Vancouver, WA, needed home modifications to make life more comfortable for Mrs. Ellis after she suffered a debilitating stroke. John and Helen Foy wanted to cruise the Pacific Coast Highway on their Harley-Davidson. What do these two seemingly unrelated stories have… Continue reading Reverse Mortgages Giving Seniors Extra Living Cash

Grandparents Raising Grandchildren

Financial Advice for Grandparents Raising Grandchildren For many people who have already raised their children, becoming a grandparent is a welcomed new era.  However, many grandparents who are approaching or are already in retirement are suddenly finding themselves reliving parenting and the associated financial challenges.  This time, however, they are responsible for raising their grandchildren. … Continue reading Grandparents Raising Grandchildren

Delaying Retirement

Are you dreaming about retiring and having more time with your children and grandchildren, playing more golf, gardening or traveling? When can you afford to retire and what will that new stage of your life look like? According to the Employee Benefit Research Institute, a growing number of baby boomers say they’ll retire after age… Continue reading Delaying Retirement

Medicare Prescription Card Fraud Takes a New Twist

HELENA – The latest scam against seniors is selling fake Medicare prescription cards to seniors under the new Federal Medicare Prescription Plan. Confusion surrounding the new and complex Medicare prescription drug benefit makes the elderly susceptible to scams popping up elsewhere, Montana state health officials warned Monday. Scam artists have been selling fake Medicare discount cards to seniors in Idaho… Continue reading Medicare Prescription Card Fraud Takes a New Twist

Filing an Age Discrimination Claim 

Age discrimination is against the law and employers have often tried to get around age discrimination claims by holding severance pay as a hostage to signing an age discrimination waiver. The Equal Employment Opportunity Commission (“EEOC”) has issued regulations regarding severance agreements that are signed by people who could file an age discrimination claim.  The employee now has an easier… Continue reading Filing an Age Discrimination Claim