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2021 Medicare Premiums

 In 2021, Higher Medicare premiums will apply for individuals with modified adjusted gross income above $88,000; for married couples who file a joint tax return, that amount is $176,000. These higher premiums affect only about 8% of beneficiaries.  Most Medicare participants will pay $148.50 per month per person. Source: Financial Planning for Women

Can you trust the Certified Financial Planner designation?

An investigation by The Wall Street Journal revealed that “thousands of advisers with the coveted Certified Financial Planner designation listed in the group’s public directory as having clean records had histories of customer complaints, bankruptcies, regulatory problems or criminal records.” “The CFP Board had been relying solely on planners to self-report red flags in their…

High Mutual Fund Fees Tied to Fund Complexity

 “The larger the fee the less that it performs. It’s kind of a straight line.” financial adviser David Marotta charted the fees and 10-year returns for dozens of S&P 500 index funds. “Since these funds all track the same index and their performance is roughly the same, the fees will largely determine how much of…

The PowerPay Online Money Mastery Course

 Want to improve your financial literacy and your economic situation? Check out The PowerPay Online Money Mastery Course: https://extension.usu.edu/powerpay/ “The PowerPay Money Mastery Online Course is designed to teach real-life money smarts regarding your personal financial vision, money personality, tracking expenses, budgeting, managing debt, understanding credit, and saving money. Bonus module topics include insurance, investing,…