May 13, 2016
AgencyReverse Mortgage Information: Understanding Reverse Mortgage Counseling
Reverse Mortgage Information: Understanding Reverse Mortgage Counseling To qualify for a federally insured reverse mortgage, also known as an HECM, seniors are required to complete one HUD-approved counseling session. This is one aspect of the loan process that tends to make seniors nervous. The term “counseling” can be a little intimidating. Fortunately, these meetings are much more casual and entirely […]
May 13, 2016
AgencyReverse Mortgage Information: Selling the Home After a Reverse Mortgage
Reverse Mortgage Information: Selling the Home After a Reverse Mortgage Before getting a reverse mortgage, seniors should take advantage of all the reverse mortgage information available to them. One subject commonly missed by seniors seeking reverse mortgage information is the topic of repayment. While it is true that seniors can defer repayment until they die or sell their home, […]
May 5, 2016
AgencyAnnuities Explained
Annuities Explained An annuity is a contract where in exchange for payment an insurance company provides a regular, stream of income to the individual who makes the payment. An annuity is especially attractive to provide retirement income. There are three popular types of annuities – fixed, variable and indexed. Fixed Annuities Explained A fixed rate […]
May 5, 2016
AgencyThe Overlooked Annuity: Equity Indexed Annuities
The Overlooked Annuity: Equity Indexed Annuities Equity Indexed Annuities have a place in many people’s retirement accounts. Unfortunately, they aren’t as well known as variable or fixed annuities and customers and sales reps often overlook them because of lack of awareness. Equity indexed annuities provide a method of fighting inflation, participating in the market and still remaining risk […]
May 2, 2016
AgencyMedicare Premiums
Medicare Premiums Many people have a lot of questions about Medicare Premiums. Some have concerns about their cost, their coverage, or their processes. While it is true that costs of premiums may increase every year, there are basic guidelines, which every Medicare member may need to know. Most of these are probably familiar already, but here […]
May 2, 2016
AgencyMedicare B Coverage
Medicare B Coverage Medicare B or Medicare Part B facilitates coverage of medical essential services. Some of these services are physician services, outpatient care services, home healthcare services, as well as other health services. This part also has coverage for a number of preventive services. Part B medical insurance facilitates payment for a number of services […]
April 29, 2016
AgencyThe most common Medicare myths
The most common Medicare myths Here are four of the most common Medicare myths that I hear almost daily when talking to seniors about their Medicare options. Obviously, this is not a complete list of all Medicare myths that I hear but I tried to compile a list of the most common ones I hear […]
April 29, 2016
AgencyHow Do Medicare Supplement Plans Work?
How Do Medicare Supplement Plans Work? The whole concept of Medicare Supplements can be new to most people entering the age of Medicare. The first question we usually get from clients is quite simple, How do Medicare Supplements Work?. As with most things that are complicated, these people instincts are correct in that it’s usually best to […]
April 27, 2016
AgencyMedicare: What is Medicare?
Medicare: What is Medicare? Most people when asked what is Medicare will respond that it is a medical benefitting system made by the government. This may be partially correct, however what is Medicare really—a health insurance for people who reach a certain age which is part of a social insurance made by the government of the […]
April 27, 2016
AgencyConsiderations of Investing in Annuities
Considerations of Investing in Annuities Annuities are a popular investment product that often provides a good financial return. Annuity plans supply a set amount of money to Annuitants over a predetermined time period. This type of investment is generally purchased to provide supplemental income, but associated costs tend to make it cost-prohibitive for most people. A […]