OFF THE EXCHANGE
Consider Covered California as a clearing house for medical insurance companies that will Not Only provide you an avenue for health insurance but will also verify whether you qualify for a subsidy to assist in lowering your plan premium.
NOTE: Changes in income, residence, family size etc. Must be reported to avoid any changes in premium that could effect your tax consequence annually. For this reason, we request that you contact us to guide you through this process as FINANCIAL CONSEQUENCES Could Dramatically Effect you if you’re not aware of the details that an agent can assist with your understanding and decisions.
(Nov 1) – (Dec 31)
*ENROLMENT TIMING *
Individual and family Insurance
ON THE EXCHANGE
This type of medical insurance provides limited medical insurance & financial protection."UHC-SHORT TERM MEDICAL QUOTE"
Disclaimer: “We do not offer every plan available in your area. Any information we provide is limited to those plans we offer in your area."TAP HERE TO CONNECT FOR MEDICARE PLANS
"Please contact Medicare.gov or 1-800-Medicare to get information on all of your options."
NOTE:We provide Whole Life, Term and Universal Life from many companies and each individual has needs + conditions unique to them. As a result we assess each person individually as no one person has a cookies cutter need. Every person is different and deserves an analysis distinctive only to them. For a personal confidential review of your personal need + situation
There are three types of life insurance.
This kind of life insurance should Only be purchased with a whole life policy and you will most notably see this type of life insurance advertised on T.V.. This coverage should be seen as a clearance fund (burial and incidental last expenses) for any debts at ones passing.
Final expense protection can be purchase with or without medical questions. As agent's we can best assess in understanding the type you should own. There are few questions and we should determine whether medical questions can be answered or not,
Call Us At 800-834-8034
Since the inception of long term care policies in the 1980 their popularity has not only increased but covered services has been modified + varied
The Sooner you start the less expensive and more value you can secure for yourself. Some Policies can be designed to return the premium you pay to your heirs should you not use your plan. Now that, would be a great legacy to anticipate - and for which to plan!
These plans are strictly regulated and it's important for you to call us so we can explain the many details.800-834-8034 email@example.com
✓ Self-Insure: For an individual with substantial retirement income and liquid assets, self-insurance may be an option however it will impact the allocations of your income flow & assets. The majority of individuals and families are not in a position to self-insure.
Self-insuring or leveraging your cash or single premium contribution plans, For example: life insurance/long term care/guaranteed return of premium, allow Individuals to retain wealth and individuals business owners to leverage their own liquid cash to fund for an extended long term care event. Some policies also guarantee your premium contributions returned on a vested schedule up to 100% after 5 years, in the event you decide to quit and cancel the plan.
✓ Medicare/Medicaid: Medicare will only pay for the first 20 days of skilled nursing care if you were in the hospital for a minimum three-day stay (not counting discharge day) and you require skilled care and your condition is restorative (you are getting better/improving) usually but to qualify the patient must spend down assets & have a very limited income.
✓ Long Term Care Insurance (LTCI): LTCI is designed to help cover the costs of long-term care to protect assets and assure more choices about the types and quality of care (personal/skilled & at home care, residential/assisted living care, skilled nursing care). These premiums are paid over the lifetime of the insured.
✓ Life Insurance, Annuity Policies with LTC Insurance: Another option to provide some financial assistance are life insurance and annuity policies with a LTCI rider for LITC services. Some of these policies with a LTC rider provide a valuable “Care Coordinator” for your family in the event you or a loved one needs care.
Have you ever been diagnosed with:
If any questions are answered YES, you would more than likely will NOT qualify for Long Term Care insurance or a Long Term Care rider on a Life or annuity product, unless guaranteed underwriting (large groups only) is offered by the carrier.
Planning with our team will keep that $1 per $100 deposited in the employee pocket.
We've looked into the CalSavers Plan and it seems to us that the Employers are the conduit from employee monies to the government to manage at a 1% fee ($0.95 per $100). The plan we propose will keep the employees $1 per $100 and FUTURE $1.00 PER $100 dollars deposited in their pocket
NOW AND IN THE FUTURE This is what SIMPLE IRA PLANS aim to do like all Tax Deferred vehicles as it makes a large difference over a long period of time, Say 20 years. Not only will the Employees be depositing money but the Employer can Match 1-3% of their deposit they have made and have the ability to write that off of their company taxes. This is a large selling point for those EMPLOYEES looking to deposit money for the future and those EMPLOYERS looking to find more write offs.
A SIMPLE IRA PLAN can also be designed to be MEDI-CAL/MEDICAID COMPLIANT (This cannot be done with a 401k Plan) which allows an employee to retain government benefits AND deposit for their old age needs. ---> A SIMPLE IRA plan would also give the individual control of their money INSTEAD OF having it at the mercy of the government and fees that will more than likely INCREASE as time continues......
Being DESIROUS OF depositing MONIES for Employees who want to plan for their future Retirement and Employers who are looking for MORE WRITE OFFS is THE ULTIMATE OBJECTIVE. This won't fit everyone but it will fit many scenarios.
“Can Employers offer SIMPLE IRAs to Employees without enrolling themselves? No, the employer would have no choice if they choose the 2% to match. However, They could opt out if they picked the matching up to a 3% option.----“
Recently I remembered a thought in that some people are savers while others are “Pennywise and Dollar foolish”.
Could this be because some had to "save" in order to live where others were privileged enough to frivolously spend or
in other words, "unwittingly" spend, money.
As time continued and I sensed that my attention was subconsciously inundated with T.V., Internet, Radio and billboards about "Saving Money" If a person buys one product or service instead of another at a lower price that person is “Saving Money”, which is not true.
Notice the Words SAVE---> EXPAND the picture and pay close attention to the Words of the Yellow Coupon at the Top of the picture. ---> "Spend Life Happy" <--- Which is the Opposite of --> SAVE.
When that person buys that product/service they are
“Not saving” they are “Spending Less/Money”.
“Spending Less Money” as Advertisers subtly imply
is not the same as “Saving Money”
“Saving Money” occurs by Deliberately and Continually Depositing money into a savings account or piggy bank or IRA or 4O1k.
The next time you’re driving looking at billboards, Listening to the radio, or sitting watching T.V. or your Computer don’t
that “Spending Less” is the same as “Saving Money”.
Yet, Notice HOW Advertisements suggest you believe such.
HERE IS AN EASY WAY TO UNDERSTAND AN "INDEXED" ANNUITY:
CONSIDER ATTENDING A BASEBALL EVENT AND YOU'RE IN THE STANDS WATCHING THE GAME. YOU HAVE MONEY IN YOUR HAND AND YOU DECIDE TO BET ON THE GAME. IF YOU DO SO YOU'RE "BETTING YOUR MONEY ON THE GAME ON THE FIELD" AND YOU WILL EITHER WIN THE BET OR LOSE THE BET AS THE GAME PROGRESSES
THIS CAN BE COMPARED TO YOU BETTING ON THE STOCK, BOND OR MUTUAL FUND MARKET AND YOUR MONEY WILL EITHER GO UP OR DOWN OR YOU CAN LOSE EVERYTHING. NOTE: THESE FINANCIAL VEHICLES ARE KNOWN AS "VARIABLE" DOLLARS" AND SOME FINANCIAL INSTITUTIONS WILL "CHARGE" THE INVESTOR TO GUARANTEE THAT A CERTAIN PERCENTAGE (%) CANNOT BE LOST BUT A LOSS IS POSSIBLE AS WELL AS A GAIN--- AND THE RISK REMAINS YOURS.
NOW CONSIDER YOU ARE BETTING ON THAT SAME GAME BUT INSTEAD OF BETTING ON THE GAME BEING PLAYED ON THE FIELD YOU DECIDE TO TAKE THE MONEY IN YOUR HAND "BUT NOW YOU'RE BETTING ON THE SCOREBOARD".
WHETHER THE SCOREBOARD GOES UP OR DOWN YOU CANNOT LOSE YOUR MONEY BECAUSE THE SCOREBOARD IS SIMPLY SHOWING THE "SCORE" AND IT DOES NOT MATTER WHETHER THE GAME IS WON OR LOST SINCE IT'S SIMPLY THE NUMBERS DURING EACH INNING OF THE GAME THAT EFFECT YOUR MONEY. THESE FINANCIAL VEHICLES ARE KNOWN AS "FIXED/GUARANTEED DOLLARS" AND THERE ARE "NO CHARGES" TO PROTECT AGAINST ANY LOSS OF YOUR MONEY AND YOU CANNOT LOSE YOUR PRINCIPLE AS WELL AS YOU MAY SECURE POTENTIAL GROWTH.
---> ONE OF THESE CONTRACTS/POLICIES ARE KNOWN AS FIXED INDEXED ANNUITIES <---
THE PRINCIPAL YOU DEPOSIT IS GUARANTEED AGAINST LOSS
---- WE CAN PROVIDE MORE DETAILED EXPLANATIONS & INFORMATION OF INDEXED ANNUITIES AT YOUR REQUEST----
If you own money in a 401k Plan and happen, in life, to go from employer to employer, you have the option to Roll your Monies/Account into a plan; You Control, called an IRA. There are benefits you should review before making any changes to your 401k. Council with Advisors and ask for proof of what they suggest.
If you decide to Roll your Account you have many choices which most Major Financial Institutions provide. We suggest you, at the very least, put an Illustration in your hand that shows ---> GUARANTEES OF VALUES next to a column that shows the POTENTIAL GROWTH of your Account as time continues.
Please contact us for more detailed information 800-834-8034
"Scroll down when you are prompted to BUY a Policy to see Side by Side comparisons of the Benefits of each Policy presented to the words, "TABLE VIEW". Play all FOUR ROUNDS and see how much Money you're left with at the end of Rounds."
Keep the BOOM BOOM going on FINANCIALLY, even @80yo? Long Term Care, makes sense.
Going to Canada or Mexico? GET A QUOTE
Compare the rates of top companies.
Paying too much? We can find out.
Your possessions are valuable. Protect them.
Flood insurance is usually not covered by home insurance.
A policy "MAY" be issued even if your pet has a record of aggression. INSURE
IS AN ANNUITY
and the loss of potentially 15% of the value of your estate & a possible 2 (two) year lock down of your heir's ability to control their inheritance
When the colonists arrived in the Americas, they did so to escape the tyranny of the British who's sole intention was to hold a heavy hand of taxation without representation upon the Pilgrims fleeing a repressive government. They brought documents to prevent any repression that may continue to occur no matter what the future of the society they were building created for their heirs. The Living Trust was one of those cherished documents Pilgrims brought with them and left for us to protect the estates that free men and women build and leave behind for their heirs to enjoy and continue to build-> without the
interference of our government taxing heirs leaving little behind for their
**The following information is a cursory review of how a Living Trust functions**
At present an individual can create and estate and pass on $12.06 million as an exclusion from estate taxes to their heirs and is adjusted annually. As a rule of thumb anything above the exclusion rate is taxed -- as high as 40% --by our federal government including attorney fees. Be aware that the Politicians in office have introduced legislation to decrease the EXCLUSION BENCHMARK to $5 million per individual (as adjusted for inflation). What this means is that under a possible change in law, the Living Trust will pay an estate tax to our government if the estate is more than
Again -> what politicians are proposing is to bring down that exclusion benchmark to
$5 million so the government can walk away with what a person has created within their life time. There's scuttlebutt on bring down the benchmark to below $5 million. Politicians love to tax whether via inflation or somehow changing the law and in essence are newly dressed British politicians in American clothing. wheeling their long arm of taxation without representation.
All beneficiaries must be notified by the successor TRUSTEE and it doesn't have to be sent in a fancy legal form. Simply write a letter (track it for proof that it was sent) and as long as it includes all the necessary information (and satisfies your state's rules about content and format, if any) such meets your obligation. here are the essentials, in most states:
Explain that the Living Trust exists. Some beneficiaries may be well aware that the settlor created a Living Trust, but others may not know. Provide your name and contact information. Beneficiaries need to know how to get in touch with you. Inform the beneficiaries that they have the right to see a copy of the Living Trust document and that you will send them one upon request. You can go ahead and include a copy of the trust with your letter.
States that require notice to trust beneficiaries as of 2022.
Can a Marital Living TRUST be changed After one spouse dies?
No, the Living Trustee Cannot do this. Once one of the parties has deceased the Living Trust becomes Irrevocable.
The potential disadvantages include:
Once one spouse dies, no changes can be made to the trust. This can Create Some Issues and has even caused frictions between the surviving spouse and the named beneficiaries of the trust. As mentioned, the surviving spouse’s rights to use the property are limited.
Once one party has deceased the Living Trust becomes Irrevocable & changes are illegal.800-834-8034 firstname.lastname@example.org