Insurance

Advisors need to be willing to take a financial hit for clients

Dave Grant thought he’d seen it all as an advisor. Then an investment review meeting turned deadly serious.

Growing fixed products, along with new fee-only offerings, are changing the shelf and the carrier rankings.

The RIA will be combined with Sontag Advisory to create an $11 billion wealth management powerhouse.

Dental expenses can eat away a considerable amount of retirees’ savings, but these costs are important to prevent health complications and other medical expenses.

There are a lot of options — and potential missteps.

Seniors will face a 20% penalty on top of income taxes if they withdraw funds from a health savings account for non-medical expenses before the age of 65.

Fixed and variable contracts ended 2018 at nearly reverse levels of revenue from their totals three years earlier.

Medicare will charge a high-income surcharge if seniors reported more than $85,000 (or $170,000 for joint filers) in modified adjusted gross and tax-exempt interest income.

Even middle-class households who have health insurance are at risk, as a researcher points out that they are the ones who filed for the most bankruptcies.