Legacy planning includes more than naming beneficiaries for the material things that you leave behind. It also includes documenting your wishes, in accordance with your values, for living life on your own terms. And it’s about planning ahead with your loved ones in mind.
It may seem like a daunting task, but it doesn’t have to happen all at once. You can start by having conversations with your family that will…
From: www.medicaidplanningassistance.org
Medicaid is a health care program for low-income individuals of any age. While there are various coverage groups, this page is focused on long-term care Medicaid eligibility for Florida senior residents (aged 65 and over). In addition to care services in nursing homes, adult family care homes (adult…
From: Amundi Asset Management
Short-term bonds may dominate cash in the next phase of monetary policy
• With yields on cash currently elevated, we appreciate why cash allocations have swelled.
• However, as the US Federal Reserve considers pivoting its stance, so too should investors.
• Against the interest rate risk inherent in most fixed income securities, investors should consider the reinvestment risk inherent in cash.
• Shifting exposure from cash to short-term bonds…
From: www.forbes.com
Learning about services that Medicare covers, and their cost, is an important discussion topic for Medicare beneficiaries. However, there is one subject that rarely comes up: hospice, end-of-life care for the terminally ill.
Many studies have shown that earlier end-of-life care can have a positive impact: reduced administration of unnecessary medications, fewer hospital admissions…
From: www.linkedin.com (Nicolas Boucher)
Do you know these 10 types of tax?
Here are the most simplified explanations to make you understand them:
1. Income Tax
If you earn $10 from selling lemonade and have to give $2 to your parents because they helped you set up the stand.
➡️ Companies make money, and they have to give a part of it to the government
2. Deferred Tax
You earn money today, but…
Go to page: Embrace Learning: The Rewarding Path of Education in Retirement
By Ted James
Retirement, a phase often associated with leisure, is increasingly becoming a time for educational rejuvenation. More retirees are recognizing the value of returning to academia, not just as a pastime, but as a means to enrich their later years. This article from Retirement & Estate Advisors & Professionals (REAP) sheds light on the multifaceted benefits of embracing education after retirement — from mental rejuvenation to new career paths — to illustrate…
From: www.wealthmanagement.com
Wealthy individuals with a red flag on their tax returns are more at risk.
The Internal Revenue Service recently announced its plans to significantly increase audits on the wealthiest taxpayers, large corporations and large, complex partnerships for tax year 2026.
Audit rates will rise by more than 50% for those with total positive income over $10 million (up from an…
From: www.westminster.ac.uk
The University of Westminster is pleased to announce that following a large review of Royal Patronages, King Charles III will become the University’s Royal Patron continuing a long history of royal connections.
Previously, Queen Elizabeth II was the University’s patron from 1993 until her death in September 2022.
Copyright © 2024 • REAP | Retirement & Estate Advisors & Professionals • All rights reserved
(855) 904-REAP • info@retirementestateplan.com
