Why Everyone Needs Life Insurance

People who are considering life insurance usually debate whether they need it or not. If anyone will suffer financially after a person's death, that person should have life insurance. This death benefit is meant to help surviving family members or dependents cope with the financial difficulties of losing the deceased's income and paying for final expenses. Life insurance isn't subject to federal income tax. In order to determine how much life coverage to buy, it's important to consider what surviving loved ones would need if death occurred suddenly.  Be sure to consider monthly living expenses, debts and final expenses when…

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Medicare’s Annual Enrollment

As Medicare Open Enrollment Nears, Here Are the Changes Medicare's Annual Enrollment Period begins Oct. 15. and runs through Dec. 7. This is the time to reassess your Medicare plans.  As you get started, you should ask yourself: Am I satisfied with my current plan? Am I comfortable maintaining it for another year? Are the medications I need in my plan's formulary next year?   How much can I expect to pay for my medications next year? If you are a current Medicare recipient, you should have receive your Annual Notice of Change from your Advantage plan or pharmaceutical plan…

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Don’t Miss Medicare Open Enrollment!

Don't miss the Medicare Open Enrollment Period, which, for those of you who are already enrolled, begins October 15th and runs until December 7th. That's the only time a Medicare beneficiary can ordinarily make changes to his or her existing plan, or enroll in Medicare Advantage (Part C) or the Medicare Prescription Drug Plan (Part D). However, your open enrollment period can vary depending on your specific circumstances. Turning 65 this year? If you are turning 65 this year and you are not already eligible because of a specific medical issue that may qualify you at an earlier age, then…

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