Next time you begin to imagine the what-ifs of life, use this information to put you at ease and help you to make the right decision when it comes to supplemental insurance. (This guest post is written by Portia S from ‘Health Insurance Doesn’t Cover It’, which is a well-knownsupp...
To open an HSA, you have to be covered by ahigh-deductible health insurance plan (HDHP). For 2024, the Internal Revenue Service (IRS) defines a high deductible as $1,600 per individual and $3,200 per family. (For 2023, it was $1,500 per individual and $3,000 per family.)16 Al...
It’s hard to predict Medicare costs. Because of that, many retirees who don’t choose a Medicare Advantage (Part C) plan purchase aMedigapplan instead. Such plans come in 10 standardized policies (named A, B, C, and so on) providing a variety of supplemental coverage options and coverin...
If your current spending habits and expenses don’t quite align with the 50/30/20 rule, you’ll need to make some changes. This might include reducing your spending on “wants” or finding places to cut back on “must-have” costs, possibly by changing your insurance plan or refinancing ...
Supplemental spousal liability (SSL) is the exception to the rule regarding liability coverage potentially applying to a passenger in the at-fault driver’s vehicle.New York car insurance lawsrecently required all insurers to include SSL coverage on all private passenger auto policies. SSL can pay ...
When planning a trip to Europe, establish a budget as early as possible—even before you know your destination, travel dates, or itinerary. Some destinations are generally cheaper than others, but there are ways to save everywhere: travel in the off-season, pick budget accommodations, plan a ...
Many people on Original Medicare purchase a supplemental insurance plan called a Medicare Supplement plan, also known as a Medigap plan. Note that a Medicare beneficiary cannot have both a Medigap plan and a Medicare Advantage plan at the same time....
Why Buy A Supplemental Short-Term Disability Policy December 10, 2024 The Merriam-Webster dictionary defines supplemental as being available to supply something extra when needed. Supplemental short-term disability insurance is available to supply extra income protection when needed. But, you must buy ...
The snapshot above only shows about 3/8 of the total benefits of each plan. I didn't want to stress out getting hung up with some non-covered insurance situation due to the fine print. I essentially am willing to pay a premium for more peace of mind. ...
Reverse mortgage lenderscan offer such terms because FHA insurance provides certain protections and standards for lenders and borrowers. Depending on the type of reverse mortgage, the cash can be distributed as a lump sum, installment payments, a line of credit similar to a home equity line of ...