What types of health insurance plans are available through the Affordable Care Act? What kind of insurance plans will you find on the health insurance marketplace? The simple answer to both questions is: all kinds. All plans available are required to offer 10 basic coverage areas, which include hospitalization, outpatient care prescription drugs and laboratory […]
Archives for September 2013
What is the one thing you want to own, but hope you never use? That would be health insurance! In fact, the average three-day hospital stay costs $30,000, which would completely wipe out most families’ savings accounts and/or children’s college funds. Buying health insurance is an important way to protect you and your family in […]
What is a health insurance marketplace? Also known as health insurance exchanges, a health insurance marketplace is part of the Affordable Care Act (ACA), better known as healthcare reform. The marketplace is an online store where people can shop for health insurance, compare the various plans, and enroll in a plan. Starting January 1, 2014, […]
Most taxpayers don’t need to worry about the new additional 3.8% tax on net investment income, or the additional 0.9% Medicare tax. These taxes only apply to individuals (and estates and trusts) that have income over certain levels. You generally won’t pay either of these taxes unless you make over $200,000 in one year. If […]
Have you started managing your personal finances? Need some actionable tips you can put to use today?
You don’t need to start earning a six figure salary or own a business spanning several states before you start managing your personal finance. In fact, if you delay, you might never achieve your financial objectives.
Here are the basics you need to know and practice.
For 2013, new rules enacted under the Patient Protection and Affordable Care Act of 2010 may affect how much you can deduct for medical expenses – or if you can take a medical expense deduction at all. Higher “floor” before you can start taking medical expense deductions Prior to 2013, you could only deduct medical […]
How can you save money on insurance in the next 30 days? We were moving with five kids 7 and under and Bob went onto the base to fill out the out-processing paperwork. I went to a friend’s house to do laundry since our household goods were already en route. My friend gave me the […]
Are you looking for different ways to save each month? What could you do with an extra $50 per month? See if you can find that extra cash in one of these five ways: 1. Cut the cable Who needs cable anymore? Sign up for a streaming plan like Amazon or Netflix, and watch current […]