For many retirees, the term “long-term care” is typically associated with a nursing home. As we age, there is a greater chance we will need some sort of long-term care in the future. According to the U.S. Department of Health and Human Services , 70% of people over 65 will need long-term care at some point in their lives.
For many retirees, the term “long-term care” is typically associated with a nursing home. As we age, there is a greater chance we will need some sort of long-term care in the future. According to the U.S. Department of Health and Human Services, 70% of people over 65 will need long-term care at some point in their lives.
Few retirement conundrums are more confounding than this question: When should I claim Social Security benefits?
The credentialed financial advisers whose columns appear on our Wealth Creation Channel have plenty of insights to share, from common rules of thumb to specific scenarios from their own clients that could be enlightening to others struggling with this all-important decision.
Few retirement conundrums are more confounding than this question: When should I claim Social Security benefits?
The credentialed financial advisers whose columns appear on our Wealth Creation Channel have plenty of insights to share, from common rules of thumb to specific scenarios from their own clients that could be enlightening to others struggling with this all-important decision.
Two major provisions of the Tax Cuts and Jobs Act of 2017 will affect generous investors this year and in the foreseeable future.
First, the amount of cash people can give away to people under the annual gift tax exclusion increased to $15,000 per individual, or $30,000 per married couple, making it a little easier for people to give their wealth away tax-free while they are still alive.
