care

Do you need long-term care insurance?

2023-05-11T15:06:13-04:00May 6th, 2022|Blog, Financial Planning, Insurance|

Do you need long-term care insurance? By: Stacey Nickens Historically, individuals didn't need to plan for their care in old age. Most people stayed and lived within the communities that they were born into, and younger family members were expected to care for aging relatives. However, industrialization and the centralization of jobs in cities [...]

Tax Credits and Deductions for Caregivers

2023-05-11T15:12:25-04:00February 18th, 2022|Blog, Taxes|

Tax Credits and Deductions for Caregivers By: Stacey Nickens Caring for an elderly relative can be both rewarding and challenging. Spending extra time with a loved one may come with significant expenses, including care expenses. If you are responsible for financially caring for an elderly relative, you may be able to claim one of [...]

Choosing Your Medigap Plan

2023-05-11T15:23:34-04:00October 4th, 2021|Blog, Financial Planning|

Choosing Your Medigap Plan By: Stacey Nickens Many seniors rely on Medicare to cover their health expenses. However, Medicare doesn't cover all healthcare expenses. Part B will provide coverage for up to 80% of your medical expenses. This coverage only kicks in once you hit your deductible, and Part B does not have an [...]

Tax Credits That Help Pay For Summer Camp

2023-06-16T14:35:35-04:00July 12th, 2021|Blog, Taxes|

Summer can be a delightful and exploratory time for children. I know I have fond memories of taking my children to swim lessons, art camps, and Vacation Bible School. However, keeping your child entertained during the summer can also prove expensive. With that in mind, it may be comforting to know that summer day [...]

6 Things Medicare Won’t Cover

2023-05-11T15:28:16-04:00June 30th, 2021|Blog, Financial Planning, Insurance, Retirement|

6 Things Medicare Won't Cover By: Stacey Nickens Facing unexpected medical costs in retirement can be a significant financial challenge. With that in mind, it's important to understand the procedures and services that aren't covered by Medicare Part A or Part B. Part A is hospital insurance that covers impatient stays at hospitals and [...]

Tax Changes Made by the American Rescue Plan Act

2023-05-11T15:34:11-04:00March 22nd, 2021|Blog, Taxes|

Tax Changes Made by the American Rescue Plan Act By: Stacey Nickens The American Rescue Plan Act was signed into law on March 11, providing for a third round of stimulus to some American families. Taxpayers and their dependents may each be eligible for up to $1,400 in stimulus payments. In addition to these [...]

Tax & Funding Provisions in the Proposed Stimulus Package

2023-05-11T15:36:14-04:00February 26th, 2021|Blog, Taxes|

Tax & Funding Provisions in the Proposed Stimulus Package By: Stacey Nickens The House is expected to pass a $1.9 trillion coronavirus relief package today, after which the legislation will head to the Senate for approval. Beyond providing additional stimulus, the package includes an increase in the child tax credit, additional funding for small [...]