Insurance for Doctors and Dentists: Protect Your Income For people in the medical field—doctors, dentists, and medical students—disability insurance is especially important because you’re not just protecting your income, you’re protecting the investment you’ve made in your career. Doctors and dentists are both professionals who rely on their income to support themselves and their families.…
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Back-to-School Basics: Consider Getting Life Insurance for Your Family this Fall Back to school is a time of excitement and new beginnings for many families. But it’s also a time to think about the future. One important thing to consider is life insurance. Life insurance can help protect your family financially if you were to…
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Payroll Solutions for Your Small Business Needs Payroll is one of the most important aspects of running a small business. It can be a complex and time-consuming process, especially if you have a large number of employees. There are a number of payroll solutions available to small businesses, each with its own advantages and disadvantages.…
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Medicare Drug Price Negotiation: What You Need To Know The Biden administration has made Medicare drug price negotiation a top priority. In 2021, President Biden signed the Infrastructure Investment and Jobs Act, which included a provision that gives the Centers for Medicare & Medicaid Services (CMS) the authority to negotiate drug prices for a select…
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Deferred Compensation: Plans and Programs to Know Deferred compensation is an arrangement in which an employee agrees to receive payment for their work at a later date. This can be done in a variety of ways, such as through a 401(k) plan, a pension plan, or an annuity. There are many reasons why employees might…
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Medicare Renewal: Understanding Enrollment and Renewal Requirements Medicare is a federal health insurance program for people 65 and older, people with certain disabilities, and people with End-Stage Renal Disease (ESRD). Once you are enrolled in Medicare, you are generally required to renew your coverage every year. Enrollment periods There are two main enrollment periods for…
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KCC Estimates Hurricane Hilary Caused Nearly $600 Million in Insured Losses Hurricane Hilary made landfall in Baja California, Mexico on August 20, 2023 as a tropical storm. The storm brought heavy rains and flooding to Southern California, causing widespread damage. Catastrophe modeler Karen Clark & Company (KCC) estimates that Storm Hilary caused nearly $600 million…
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What Is An Income Annuity? An income annuity is a type of insurance policy that provides you with a guaranteed income stream for life or for a specified period of time. When you purchase an income annuity, you give an insurance company a lump-sum payment, and in return, they agree to pay you a fixed…
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Life Insurance vs 529 When Funding Education. When you use a 529 plan to save money for higher education costs, colleges, and universities will count that accumulated cash among your family’s assets when calculating how much financial aid your child may or may not qualify to receive. However, the money amassed in a whole or…
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Back To School Health Insurance Coverage Students of all ages may find health insurance through employment, institution based student health plans. Most colleges and universities — and some trade schools — require health insurance for students. This mandate may apply to full-time and part-time students from undergraduate to graduate school. Often, health insurance plans…
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