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Tax Planning and Health Insurance Premium Subsidies under the Affordable Care Act

Advisor Perspectives

A matter that can have large impacts on the marginal tax rates faced by individuals who obtain health insurance coverage through the ACA exchanges is the reduction of the tax credits (or subsidies) for health insurance coverage as incomes increase

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NAIFA Is a Strong Supporter of Life Insurance Awareness Month

NAIFA Advisor Today

Life insurance is a crucial part of any solid financial plan, but 41% of Americans say they don’t have sufficient life insurance coverage. For agents and advisors, LIAM is the perfect time to meet with your clients to make sure their life insurance coverage meets their needs.

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Meet Loyal NAIFA Member Nicholas Limongelli

NAIFA Advisor Today

Now the Director of Insurance Brokerage, Limongelli helps his clients find the right disability insurance coverage and serves as a resource for other financial advisors who sell disability insurance.

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How to Fix a Common Client Problem: Too Little Insurance Protection

Tobias Financial

Is your life insurance coverage sufficient? Often it is not until a life-changing event that clients ensure their coverage is adequate. In fact, due to Covid concerns, life insurance policy sales grew 5% last year resulting in the largest annual increase in decades.

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[cdata[ Low-Cost High-Risk Auto Insurance - How to Find the Least Expensive Coverage ]]

oXYGen Financial

![CDATA[ Auto insurance is mandatory in most states, but even if it is not, you should get it because it is one of the best investments you can make. When looking for insurance, you want to find the cheapest insurance coverage for the most protection. However, insurance companies will examine your driver profile and driving history to determine how much you should pay in premiums.

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Building A (Modern) Client Service System Model To Deliver Value More Efficiently, Profitably, And Enjoyably

Nerd's Eye View

reviewing insurance coverage), and can often be standardized and systematized through the advisor’s tech stack tools.

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Year-End Financial Checklist

Walkner Condon Financial Advisors

Marriages, divorces, children growing from minors to adults, and individuals passing away all represent significant events and will likely warrant changes to the beneficiaries listed on our retirement accounts, life insurance, and estate plans. Insurance Amounts .

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Ladder Life Insurance Review – November 2022

Good Financial Cents

If you’re looking for a simple life insurance policy that you can obtain quickly and for the lowest possible premium cost, you need to check out Ladder Life. But the most unique feature of Ladder Life is the ability to either increase or decrease your coverage, as needed.

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Best Homeowners Insurance Companies of 2022 – Updated for December

Good Financial Cents

The best home insurance companies offer high-quality coverage that protects against damage to your home’s structure and your property, whether it is caused by lightning, winds, fire, or other covered perils. Our Picks for Best Home Insurance of 2022. Home Insurance Study.

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Focusing on health today will impact retirement tomorrow

Nationwide Financial

Clients should consider investing in long-term care (LTC) coverage now before getting too close to their retirement age, because those who wait too long to purchase it may no longer qualify if chronic health conditions or other ailments arise in the meantime.

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Paying for Health Care in Retirement

Carson Wealth

Another option is adding insurance coverage that can help pay for some of the more significant health events. Here are two of the more standard coverage options that people can choose from. . Critical illness coverage. Extended care or long-term care coverage.

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Rising inflation could mean your home is underinsured

MainStreet Financial Planning

Without sufficient insurance coverage, a homeowner is at risk of having to pay out of pocket to rebuild their home after a disaster. Here are the 8 types of insurance coverage that you will want to review to see if you have sufficient coverage for your home.

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7 Best Travel Insurance of 2022: Your Picks for Summer Travel

Good Financial Cents

And that’s where travel insurance comes into the picture. For a relatively small additional cost, you can add a travel insurance plan to your itinerary that will give you complete peace of mind on your trip. Our Picks for Best Travel Insurance. Travel Insurance Guide.

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Financial Planning That Helps Clients Weather Disasters

eMoney Advisor

Insurance in Financial Planning. The CFP® Board includes risk management and insurance in its financial planning principal knowledge topics for a good reason. Insurance offers a layer of protection for your assets and can help preserve your income.

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Culture From the Top Down: Executive Compensation Plans Explained

Carson Wealth

Nonqualified Defined Contribution and Split Dollar Life Insurance Plans. Employee benefits, such as health insurance or group life insurance, generally provide tax deductions to the employer. Nonqualified Defined Contribution Plans and Split Dollar Life Insurance .

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How smart planning can reduce your taxes?

Truemind Capital

Someone suggested that one of his relatives is an insurance agent and he has been purchasing investment policies through him and he will introduce Rohit to him. Never ever invest in products that are a mix of insurance and investments.

Taxes 52
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Is M1 Finance Safe? (Legit Place to Invest Your Money)

Good Financial Cents

Additionally, the company’s website states that it uses “industry-leading security protection” and is FDIC insured. The company is FDIC insured and uses “industry-leading security protection.” FDIC Coverage. How Does FDIC Coverage work?

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Three Financial Moves You’ll Want To Say Yes To In 2022

Gen Y Planning

Set up recurring payments for your mortgage/rent, insurance, utilities, etc., Believe it or not, your cell phone bill, cable and internet package, insurance premiums, and even your utility bills aren’t set in stone. Review Your Insurance Coverage .

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How to Protect your Assets vs. Insurance Company Games

The Richer Geek

Today we have Galen Hair is the owner of insurance Claim HQ. It is a property-casualty insurance attorney firm that operates in more than seven states. In this episode, we’re discussing… [4:54] Why are insurance claims not benefiting the consumer? [10:18]

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What’s Your “Enough” Number? And How Can It Help You Live Your Best Life

Gen Y Planning

But have you thought about the practicality of that choice, like the ongoing maintenance, property taxes, extended vacancy, travel costs, insurance, etc.? . Insurance. What type of insurance coverage do you have?

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How Much Should I Have Saved in My 30s?

Carson Wealth

Establishing Appropriate Insurance Coverage  . But as more people, organizations and family finances are dependent on you, your need for insurance has never been greater. Insurance tends to fall into one of three categories:  . Craig Lemoine, Ph.D.,

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Why Should You Care About Financial Planning?

Workable Wealth

Improper risk management and insurance coverage. This means having at least 3-6 months of living expenses earmarked in a highly-liquid account, maintaining proper insurance coverage, and building the right cash-flow management.

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Ten Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

The right type of insurance coverage (Life, health, disability, home, etc.). Get the right insurance. Insurance is essentially your backup plan that will protect your assets in the event a life circumstance happens that requires a large amount of money to resolve.

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Sproutt Life Insurance Review: Is it Legit?

Good Financial Cents

The vast majority of Americans need life insurance. But with so many different insurance policies and providers , how can you find the right life insurance policy for you and your family? I’ll cover this and more in this Sproutt Life Insurance Review. Insurance Lif

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6 Financial New Year’s Resolutions for 2023

WiserAdvisor

The fund can help meet any financial or medical emergency if you fall sick, or lose your job or insurance. In addition, ensure you have adequate insurance coverage. Choose the right insurance products based on your age and financial needs.

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Intel Severance Package: Your Complete Guide & Action Plan

Cordant Wealth Partners

As part of your separation package at Intel, it’s typical to get a year of COBRA which pays for continued health insurance coverage and allows you to stay on your Intel plan.

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7 Types Of Financial Emergencies And How To Be Prepared

Clever Girl Finance

Even with insurance, a natural disaster could cost you thousands of dollars. Car insurance may cover some of the costs, but it might not cover the full expense. You’ll also have to add in the cost of your car insurance deductible when calculating the cost of your repairs.

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Sound Strategies for Crafting Your Retirement Investment Portfolio

Fortune Financial

Having a proper estate plan that may include life insurance coverage ensures that your assets are distributed the way you prefer and that your loved ones will not endure financial hardship after your death.

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The Money Tasks You’re Avoiding And How To Make Progress (Part 1)

Workable Wealth

Increase (or Get) Life Insurance. Life insurance is one of the easiest tasks to forget, yet it’s crucial if you carry significant debt or have dependents who rely on your income. Life insurance comes in many shapes and sizes; the two broadest categories are: Permanent life insurance.

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How To Start A New Chapter In Life (It’s OK To Start Over!)

Clever Girl Finance

Insurance coverage , will, estate plan , etc.). Starting a new chapter in life might be scary, yet it's a necessary journey that we all go through. After all, life is about making progress and moving forward. And that comes with change.

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Braces vs. Invisalign: Did I Really Spend $16,000+ On My Kid’s Teeth?

Good Financial Cents

Many insurance plans can also help cover the cost of braces, so out-of-pocket costs will vary from person to person depending on whether or not they have dental insurance and what their coverage entails. Does Insurance Cover Invisalign? Does Insurance Cover Braces?

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Best Car Insurance for Young Drivers in 2022

Good Financial Cents

When you’re a teenager or a young adult, buying car insurance is rarely fun or affordable. This is true for anyone trying to add coverage to a parent’s existing policy, but it’s even more true for young adults who need to find cheap car insurance on their own. Auto Insurance

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Protecting What’s Yours (After You Pass) 

Yardley Wealth Management

Various trusts can also be combined with targeted insurance coverage, to help fund critical financial gaps. Life insurance may be an affordable way to resolve the challenge. . The post Protecting What’s Yours (After You Pass) appeared first on Yardley Wealth Management, LLC.

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Is Pet Insurance Worth It?

Good Financial Cents

Whether you’re already the proud owner of a dog or cat or you’re planning to become one, you may be wondering if pet insurance is worth the cost. The chart below shows how much pet insurance costs from a few different pet insurance companies we recommend.

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How To Ask For A Discount And Save Money!

Clever Girl Finance

This happened to me and it shocked me how much the bills cost, even with my insurance coverage. What if I told you the hardest part of getting a discount is asking for one? Once you learn how to ask for a discount, you’ll be amazed at how much money you can save.

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7 Risk Assessment Blind Spots (and How to Beat Them)

Risk Management Guru

Verifying and monitoring their insurance coverage for lapses. You’ve all been there, driving along knowing you can predictably change lanes with ease, when suddenly a car shows up in your blind spot.

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9 Money Leaks Affecting Your Finances And How To Fix Them

Clever Girl Finance

Unused insurance policies. Another unexpected money leakage is unused insurance policies. In other words, if you have insurance for something you aren’t using or aren’t using often, then it’s money that is a drain on your bank account.

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How to Become a Financial Advisor or Financial Planner in India?

International College of Financial Planning

It will also tell you if any of your investments are underperforming, whether your savings are on track for retirement, and what kind of insurance coverage you might need. When it comes to choosing a financial planner, it’s important to choose the right fit for you.

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Fabric by Gerber Life Insurance Review

Good Financial Cents

Life insurance is about making final provisions for your loved ones in the event of your death. But there’s more involved in those provisions than just life insurance. Types of Insurance Offered by Fabric by Gerber Life. How to Use Fabric to Shop for Life Insurance.

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23 Important Life Lessons That Will Change Your Life!

Clever Girl Finance

That’s why it’s important to prepare for the unexpected with an emergency fund and the proper insurance coverage. Did you know that many of our most important life lessons can teach us a thing or two about how to also handle our money? That’s right!