Submitted by Jason Lina on Mon, 11/04/2013 - 3:00pm
With the advent of Obamacare, the world of health insurance is significantly more complex for those under 65. The Affordable Care Act (ACA) has startup problems, thanks to a bug-ridden website. Regardless, when it becomes law on New Year’s Day, consumers are no longer limited to one or two plans that their employer preselects. But what is it all about and how can you take advantage of it?
Submitted by Mary Beth Storjohann on Tue, 10/22/2013 - 12:00pm
Starting a family brings joy, stress, excitement and discussions over where to put the bassinet in your house. It brings questions about getting your financial house in order, too. Here’s a financial to-do list before the little bundle arrives.
As expecting parents you face a long list of stuff to buy. Along with the wipies and the pretty mobiles, remember to plan your spending, estate and insurance coverage for your new family.
Submitted by Wes Moss on Mon, 10/14/2013 - 12:00pm
This fall, the pace of health-care change from Obamacare is dizzying. But beyond what’s going on in Washington, setting some simple priorities for the way you live your own life helps you keep straight what’s truly important – and most healthy.
Submitted by Rick Kahler on Tue, 10/08/2013 - 3:00pm
The news coverage about Obamacare focuses on the political fight surrounding it. But for you, the most important thing is to understand it and see how, or if, the new health-care law applies to your life.
The opening date was Oct. 1. Competition is lined up for bronze, silver, gold and even platinum. These competitors aren't athletes, but insurance providers. The field they are entering is the new health insurance exchanges that Obamacare mandates.
Submitted by Jim Ludwick on Fri, 10/04/2013 - 3:00pm
Why doesn’t anyone ever tell you not to buy an umbrella liability policy? It seems like additional overall security for pennies. You can waste even pennies paying for something you don’t need or already have – especially in the tricky world of insurance. Let’s run some numbers and see if this kind of policy protects you.
Submitted by Michael Kitces on Fri, 09/27/2013 - 3:00pm
Guaranteed living benefit riders on annuities were designed to provide an income floor with the potential for upside. But as the available features and benefits shift amid today’s lower returns, the floor once a worst-case scenario suddenly may be the best-case scenario, too, raising the question of whether the costs are really still worth the benefit at all.
Submitted by Joseph A. Clark on Thu, 09/12/2013 - 12:00pm
Too often, people don’t have enough insurance to cover their valuable possessions like antique furniture or artwork. Figuring out how much your home’s prized contents are worth is vital if they are stolen or destroyed. The next step is to get adequate insurance to reimburse you.
Submitted by Lewis J. Walker on Wed, 09/04/2013 - 3:00pm
The millennial generation, now entering adulthood, needs to start investing and insuring itself, to prepare for the future. But that is a difficult concept for young people to get their minds around.
In my twenties, before marriage and children, “the future” was the next weekend. Horizons change as life progresses. Generation Y, also known as the millennials, were born between 1980 and 2000. The leading edge of the 77 million-strong Gen Y cohort turns age 33 in 2013. In 10 short years, they will be 43 and 10 years beyond that, 53.