IRS: Request an IP PIN to Protect Against Identity Theft
With identity theft and taxpayer fraud on the rise, the Internal Revenue Service (IRS) is encouraging taxpayers to take extra caution when filing tax returns.
Can Money Buy Happiness? Actually, It Depends
Does having more money lead to greater happiness? The effect income has on happiness can vary greatly depending on factors such as how much money one already has, cultural attitudes, and individual priorities.
Use an Irrevocable Life Insurance Trust to Reduce Estate Tax
The federal estate tax exemption only affects significant estates. If your property and investments exceed 12.92 million in 2023, find ways to minimize taxes, like setting up an irrevocable life insurance trust.
The Older Americans Act Is Up for Renewal: Why That Matters
The Older Americans Act seeks to promote the well-being, dignity, and independence of older Americans. By providing billions of dollars in funding for essential services, the OAA helps seniors live in their homes and communities for as long as possible.
Medicare Coverage for Telehealth Services in 2025 and Beyond
The future of Medicare-reimbursed telehealth services will largely be shaped by ongoing legislative efforts. Congress has introduced several bills aimed at extending many of the temporary telehealth expansions or making them permanent.
The Great Wealth Transfer: Managing Your Inheritance Wisely
Inherited wealth can provide opportunities that weren't previously available, such as early retirement, investment opportunities, or funding for personal passions. However, it can also come with complexities that require careful planning and decision-making. Here's a guide to approaching and managing an inheritance wisely.
Medicare Part A and B Costs to Rise Again in 2025
The Centers for Medicare & Medicaid Services (CMS) has issued the 2025 figures for Medicare. As in 2024, these health care costs are going up across the board.
How Life Insurance Is Involved in Estate Planning
Life insurance can be an integral and important part of a well-drafted estate plan. There are numerous benefits to owning a life insurance policy aside from providing a large sum of money to beneficiaries.
Why Trusts Are Important Estate Planning Tools
Trusts can offer many benefits, including allowing assets to pass directly to beneficiaries and charitable organizations without going through probate, minimizing taxes, and protecting your legacy from creditors.
The Costs of the Rising Cost of Long-Term Care
As the U.S. population ages and life expectancies increase, the need for long-term care is becoming an important consideration for many individuals and families.