mlumia Blog, The Medicare Minute 0
Has Being Quarantined Changed Your Thoughts of Retirement? The pandemic has some rethinking retirement plans, as this event has a lot worried about their post-career years. The sentiment of US citizens aged 65 and older echoed across the nation is that they have worries about their decisions regarding retirement now that the pandemic has seeped […]
mlumia Blog, The Medicare Minute 0
Updated Stimulus Check Info If you’re still someone waiting and wondering about the status of your Stimulus Check, we are here to help you understand it all. The following information will focus on what you need to know about the stimulus checks the government will be sending out in the weeks to come. Who is […]
mlumia Blog, The Medicare Minute 0
COVID-19 Was Your Retirement Plan Test? Countless Americans are worried about the impact that Covid-19 will have on the health of their families and friends, and indeed their own well-being. However, there is another concern that could impact you. In preparing for retirement, investors should prepare for all sorts of investment environments, and that includes […]
In a response to plunging numbers on the stock market, the Federal Reserve has stepped up to offer up some much needed relief in the form of a rate cut. With near-zero rates put in place, many are wondering how it will factor into their own financial futures. Swings in stock market strength influence the […]
Medicare recently announced the expansion of its telemedicine program to benefit seniors while they stay at home during the Coronavirus pandemic. This expansion will allow millions of senior Medicare participants to adhere to the public health advisory to stay home during the coronavirus pandemic, and still, be able to connect with their doctors virtually to […]
mlumia Blog, The Medicare Minute 0
Annuities Have Been Around For Longer Than You Think As the Stock Market wobbles, it has some thinking about “safe money” investments. The idea of having money saved up for retirement and receiving income during that period didn’t start with the establishment of Wall Street. You might be surprised to know that even the ancient […]
Coronavirus has been plaguing the stock market for weeks pushing the markets to record lows! Market volatility can lead to some serious stress on the part of new and old investors alike. The constant up and down of the market can bring fear to even the most seasoned of investors. There are periods that are […]
When thinking about retirement, you should make sure to have a clear understanding of savings vs. income. When thinking about retirement, many think about a particular savings amount that they would like to reach. This type of thinking comes from how general purchases are made. If you want to buy a computer, you would save […]
With the passage of the SECURE Act in December 2019, current and future retirees can expect to see significant changes which are likely to impact their tax planning for retirement. Most notably, perhaps, is the increase in the Required Minimum Distribution (RMD) age from 70 ½ to 72. For affluent retirees – and soon-to-be retirees […]
