Insurance

After over a decade of broken promises and rising costs, our need for a more sustainable healthcare system is acutely felt.

This lie was PolitiFact’s 2013 lie of the year, but we dub it the lie of the century.

By discounting portfolio returns to only real returns, we have already considered inflation in the planning targets.

You may be surprised by the amount of subsidies you can receive.

With life insurance salesmen, life insurance often becomes the hammer and any client concern a nail.

Saving for long-term care, if done early enough, is not too expensive and helps to protect yourself from this potential financial shock.

We are very thankful that Genworth has released this information freely for everyone to use.

Add this to the list of reasons to avoid long-term care insurance and strive to self-insure.

On Tuesday, November 9, 2021, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about health insurance subsidies and inflation.

If you are already shopping for health insurance for 2022, consider getting an on-exchange health insurance plan. You may be surprised at how much subsidies you can receive.

If you are currently shopping for health insurance for 2022, consider getting an on-exchange health insurance plan. You may be surprised at how much subsidies you can receive.

If you save this target, your assets have a better chance of seeing you all the way to the end.

This is the financial shock of a trip to hospital. It is upsetting, expensive, and unexpected.

If you ask, the broker will gladly tell you how much of that type they’d recommend getting, but not whether you need it in the first place.

More and more family plans are actually composed of many different independent people in the eyes of the government.

My husband chopped his leg with a hatchet in 2018 when we didn’t have health insurance.

A few often overlooked facts reveal large annual savings on your health insurance premiums in acquiring a family HSA.

If you are one of those consumers for whom the word “annuity” is enough to make them tune out a sales presentation, congratulations! You have have probably correctly understood the real challenges these products face.

Albemarle Insurance Agency’s hiring solicitation shows the difference between insurance salesmen and fee-only fiduciary advisors.

“When Congress acts, whatever it is called it will do the exact opposite. So the Affordable Care Act will make plans not affordable.”

We’ve been waiting to see what our congressmen and women are going to decide for our 2018 tax law. As we’ve already entered the holiday season and can see the new year in sight, they are certainly cutting it close. … Read More

Coverage is considered unaffordable if the lowest cost Bronze-level plan available to you through the Marketplace in 2017 is more than 8.16% of your household income.

It’s hard to know… but I bet I’m not the only one looking at my compensation differently.

Some think the alternative to the traditional insurance providers is the health care sharing ministries, but they aren’t insurance.

Under the “last-month rule,” you can contribute the full amount even after a partial year assuming you meet the “testing period.”

There is an obscure tax rule that allows a one-time Traditional IRA-to-HSA conversion called a Qualified HSA Funding Distribution (QHFD).

An HSA is one of many accounts used in comprehensive wealth management for tax optimization and planning.

Umbrella insurance covers you for liability that goes above and beyond your auto and homeowners insurance.

Last year plans were being cancelled. This year, citizens are receiving notifications of rate hikes in the double digits. Is this really happening?

Next time you receive an unintelligible medical bill, remember how hard it is for your doctor to get paid.

Learn how a family of four can qualify for a full subsidy with an income of $140,000 a year.

Imagine these two strategies competing in a track race. It’s as if one runner were told to wait until the other finished her first lap before beginning.

Some suggest using ten times your take home salary as a rough rule of thumb when determining life insurance. Like all such rules, this rough guide is found lacking in many situations.

Review your health insurance options after losing your job – COBRA and High Deductible Health Plans.

The “Patient Protection and Affordable Care Act” (PPACA), is misleadingly named. It has neither protected patients nor made healthcare more affordable.

The returns offered by immediate fixed annuities aren’t as good as they sound. The sleight of hand in this case is the immediate loss of 100% of your principal. They are fixed for you to lose and the insurance company to win.

If you have a personal umbrella insurance policy, congratulations. If you don’t, you must not have a lot to lose. This important insurance can extend your liability coverage beyond your home and auto insurance by millions of dollars.

Everyone in our risk pool will order filet mignon. First the costs will skyrocket. And then the meat will be rotten.

You may have to jail a few rebels for health insurance evasion.

We need a safety net, not a hammock.

Some doctors start the year $250,000 in debt.

Half of the country are political Vikings who pay their taxes by raiding and pillaging the productive.

Avoid debt and don’t burden your family with any expenses after you are gone.

Lottery tickets are also a good deal, if you win – otherwise it is just a tax on people who can’t do math.

Because you can’t change your mind, and you can’t spend your money ahead of time, the best use of an immediate fixed annuity is to protect you from yourself. Call me wild and crazy, but this is not the risk I am worried about.

The returns offered by immediate fixed annuities aren’t as good as they sound. The slight of hand in this case is the immediate loss of 100% of your principal. They are “fixed” for you to lose and the insurance company to win.

Some types of insurance are a good idea. But LTCI is better handled by preparing early in life.