Time to rethink your use of social media? Wonder why so many Americans are refusing to get vaccinated against Covid-19? “Our research shows that virtually all web technology platforms, such as social media and news recommendation systems, have a strong popularity bias. When applications are driven by cues like engagement rather than explicit search engine queries,…
Month: September 2021
Want a guaranteed 8% return on your retirement investments?
“If you delay Social Security by a year and instead dip into savings to cover the missed benefits, you’re effectively buying an annuity with an 8% payout. That’s a deal that’s hard to beat, as Rick Connor explains. “How do you buy an annuity from the Social Security Administration (SSA)? For each year that you…
Insurance companies no longer covering 100% of Covid costs
“The days of full covid coverage are over. Insurers are restoring deductibles and co-pays, leaving patients with big bills.” Headline in The Washington Post 9/18/21. Maybe it is time for the unvaccinated to finally get the jab to protect themselves. “In 2020, as the pandemic took hold, U.S. health insurance companies declared they would cover…
Home Modifications Covered by Medicare and Medicaid
“Walk-in tubs, hospital beds and wheelchair ramps are among the many home modifications and devices keeping seniors safe. They don’t come cheap, but government programs such as Medicare and Medicaid can defray the cost.” “Medicare is extremely strict about what it covers, but seniors who show medical necessity qualify for up to 80% coverage. Seniors…
Immediate fixed annuities: create your own pension for guaranteed lifetime income
Immediate fixed annuities are a way to create your own pension from your 401(k) or IRA retirement funds. Immediate (not deferred) fixed (not variable) annuities are plain-vanilla products that provide a predetermined income stream that starts paying out right away.While typically sold but insurance salespeople who earn a commission, annuities are also available direct from…
Thinking about hiring a financial advisor? Considering switching advisors?
Here are some links to articles to help you find such assistance. Thanks to Michelle Singletary, personal finance writer for The Washington Post. What You Need to Know About Fee-Only Financial Advisors Fee-Only Financial Planner vs. Fee-Based: What’s the Difference? Financial adviser, financial planner or robo-advisor? Here’s how to find the right help to manage…