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Showing posts with the label Medicaid

Understanding the Basics of a Medicaid Compliant Annuity

What is a Medicaid Compliant Annuity? In this episode, Chris Berry answers: What is a Medicaid Compliant Annuity and how does it work? ___________________________________________________________________________ Attorney and Financial Advisor Christopher Berry of Castle Wealth Group answer questions on retirement and estate planning every Wednesday at 1pm. Register here or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning, and tax planning from their Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. Castle Wealth Group helps families with their legal, financial, and tax planning for their retirement and legacy. With the use of legal structures like revocable living trusts, Castle Trusts (asset protection trusts), Chris Berry and Castle Wealth Group can help your family plan, protect, and preserve what is important through their Retirement and Legacy Bluepri...

Is it Possible for Federal Employees to Convert a Thrift Savings Plan to a Roth TSP?

Are you trying to figure out if Federal Employees can convert their Thrift Savings Plan (TSP) to a ROTH TSP? Are you aware of the differences between a TSP transfer vs. a TSP rollover? In this video, we discuss how you can ultimately transfer money from your TSP to a ROTH IRA. You can read the full article here: Leave a comment below if you have any other questions about how these transfers work! -=-=-=-=- Want to learn more about how you can plan for your federal retirement? Then check out: Plan Your Federal Retirement Website: Do you like listening to podcasts? Want to specifically learn how to better plan for your federal retirement? Then check out: Plan Your Federal Retirement Podcast: Are you looking to work with a financial planner who specializes in the intricacies involved with the federal employee retirement system? Then check us out: Shilanski & Associates, INC.: Also, follow me at these places below and say hi! LinkedIn: Facebook: Until next ...

Wednesday Wisdom Webinars: Weekly Sessions for April 26, 2023

Weekly Wednesday Wisdom Webinars April 26, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:09 What is involved in funding a Trust? 9:48 Getting I Bonds from a tax refund, how do I add those to the Trust? 11:29 If I have too many credit cards more than I need, does that help or hinder the credit rate? 12:26 Are you concerned about the dollar remaining the reserve currency, is there anything we should be doing to prepare in case it ...

Protecting Your Wealth and Income When Your Spouse Requires Medicaid

State-specific information: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA When Your Spouse Needs Medicaid - How To Protect Your Wealth And Income It is no secret that medical costs in the United States are exorbitant, and for those facing significant health issues, the financial burden can be overwhelming. This is especially true when it comes to long-term care costs, which can quickly deplete even the most substantial savings. For many seniors, Medicaid becomes a crucial lifeline in providing the necessary financial assistance to cover long-term care expenses. However, qualifying for Medicaid can be a complex process, and it often requires individuals to meet strict income and asset eligibility criteria. One common concern for couples is how to protect their wealth and income when one spouse needs to apply for Medicaid. The fear of...

Pre-Separation Workshop for Thrift Savings Plan on October 4th, 2018

The Office of Human Capital Presents “Investing in People” 2018 Federal Benefits Seminar Series The Thrift Savings Plan (TSP) PRE-SEPARATION WORKSHOP - RETIREMENT AND BEYOND! The Division of Pay and Benefits within the Office of Human Capital will host an exciting seminar on the Thrift Savings Plan (TSP) on Thursday, October 4th, 2018. Come and learn steps to prepare for retirement including how to turn your TSP savings into income; TSP income options; rules to withdraw from your TSP account and much more! This seminar is designed for all federal employees covered under the Federal Employees’ Retirement System (FERS), the Civil Service Retirement System (CSRS), members of the Uniformed Services, and other employees eligible to participate in the TSP. We accept comments in the spirit of our comment policy: As well, please view the HHS Privacy Policy: ... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation ...

Thrift Savings Plan on March 12th, 2019

We accept comments in the spirit of our comment policy: As well, please view the HHS Privacy Policy: ... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing On March 12th, 2019, the Thrift Savings Plan (TSP) announced that it would be making some changes to its funds. The TSP is a retirement savings plan for federal employees and members of the military, and it is one of the largest retirement plans in the world, with over $500 billion in assets. The TSP will be adding two new funds to its lineup: the TSP F Fund and the TSP I Fund. The F Fund will invest in a broad range of fixed-income securities, including U.S. Treasury bonds, corporate bonds, and mortgage-backed securities. The I Fund will invest in international stocks and bonds. In addition to the new funds, the TSP will also be changing the benchmarks it uses for ...

Medicaid Asset Protection Strategies | Zoomside Chat

In this Zoomside Chat, Michael Ettinger discusses the strategies we can use to better protect our assets for the future. We will talk about Caregiver Agreements, Pooled Income Trust, Long-Term Care Insurance, Medicaid Asset Protection Trust and many others, along with their pros and cons. Get the Ettinger Plan: To learn more, please visit: Contact us directly: 1-800-500-2525 Ettinger Law Firm focuses exclusively on elder law estate planning. Our attorneys and paralegals work to provide asset protection and tax savings for baby boomers and senior citizens. Practicing for twenty seven years and with offices in sixteen New York State locations, Ettinger Law Firm has prepared thousands of estate plans for generations of middle class families. Chapters: 00:00 Intro 2:00 Caregiver Agreements 4:56 The Pooled Income Trust 11:54 Long-Term Care Insurance 16:11 Veteran's Benefits for Caregivers 17:18 Medicaid Exemptions 22:42 Medicaid Qualifying Annuities 25:02 Spousal Refu...

Long Term Care Insurance With And Without Inflation Protection With Buy-Up

Click Here for Free Long Term Care Insurance Quotes: ... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Long-term care insurance (LTCI) is a type of insurance that helps individuals pay for the long-term care services they may need later in life, such as nursing home care, home health care, or assisted living. When shopping for long-term care insurance policies, one of the factors to consider is whether or not the policy comes with inflation protection, and if so, whether or not to buy-up for more coverage. First, let’s define inflation protection. Long-term care insurance policies with inflation protection are designed to grow with the cost of care over time. This is important because the cost of care increases each year due to inflation, and without inflation protection, a policyholder may not have enough coverage to pay f...

Weekly Wednesday Wisdom Webinars January 4, 2023

Weekly Wednesday Wisdom Webinars January 4, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:01 What is new with Secure Act 2.0? 14:57 What should we be looking at for 2023 in terms of planning? 21:41 Change of rule by the Labor Department regarding retirement fund? 24:13 Question about Interest rate increases Visit our website to learn more ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: G...

Who inherits my Individual Retirement Account (IRA) if I do not name a beneficiary?

Who inherits my Individual retirement account (IRA) if I do not name a beneficiary? You have to look to the contract with the IRA custodian to see what their default language is regarding who would inherit your IRA if you do not name a beneficiary. Some companies automatically default to the spouse. If there is no spouse, to the surviving children, or sometimes it defaults to the estate. Each company has a different contractual provision regarding this issue. | Kathleen Flammia | Elder Law - Trusts - Wills - Estate Planning | Compassionate Counsel, Expert Advice | Orlando Elder Law Services | | (407) 478-8700 | 2707 W. Fairbanks Ave., Suite 110, Winter Park, Florida 32789... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/who-inherits-my-individual-retirement-account-ira-if-i-do-not-name-a-beneficiary/?fee...

2019 May 16th, Estate Planning: Wills and Trusts

The Office of Human Capital Presents “Investing in People” 2019 Federal Benefits Seminar Series Financial Planning for Retirement Learn the keys to financial management, sound investment strategies, and retirement planning from a leading finance industry expert! This event is designed for ALL CMS employees. We accept comments in the spirit of our comment policy: As well, please view the HHS Privacy Policy: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/2019-may-16th-estate-planning-wills-and-trusts/?feed_id=55693&_unique_id=63b0e6007d145 #Inflation #Retirement #GoldIRA #Wealth #Investing #beneficiaries #CMS #eHealth #HealthCare #Healthcare #Medicaid #Medicare #Providers #SpousalIRA #beneficiaries #CMS #eHealth #HealthCare #Healthcare #Medicaid #Medicare #Providers

2017 Apr 26th, Thrift Savings Plan

We accept comments in the spirit of our comment policy: As well, please view the HHS Privacy Policy: ... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/2017-apr-26th-thrift-savings-plan/?feed_id=50513&_unique_id=639d095d51dfa #Inflation #Retirement #GoldIRA #Wealth #Investing #beneficiaries #CMS #eHealth #HealthCare #Healthcare #Medicaid #Medicare #Providers #ThriftSavingsPlan #beneficiaries #CMS #eHealth #HealthCare #Healthcare #Medicaid #Medicare #Providers

Medicaid Exempt Assets in Florida

Learn about 10 types of assets that are not counted by DCF when determining long-term care Medicaid eligibility. We can be reached at: 305.931.0478. Read more about other Medicaid Issues mentioned in this video: Medicaid and the House: ARTICLE: VIDEO: Medicaid and Retirement Plans (401k, IRA): ARTICLE: VIDEO: Medicaid and Life Insurance: ARTICLE: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/medicaid-exempt-assets-in-florida/?feed_id=48826&_unique_id=63967e0fd1deb #Inflation #Retirement #GoldIRA #Wealth #Investing #assetsnotcounted #eldercarelawyer #exemptassets #Florida #Medicaid #medicaidlawyer #SpousalIRA #assetsnotcounted #eldercarelawyer #exemptassets #Florida #Medicaid #medicaidlawyer

Medicaid Tips From The Bond Law Firm - Tip 4

This covers recent changes to the Medicaid policy on Managed Care Plans and Incurred Medical Expenses such as dental IMEs and Durable Medical Expenses such as wheelchairs. Please click on the link below to go over the policy update directly from the HHSC MEPD Handbook. ... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected Securities REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/medicaid-tips-from-the-bond-law-firm-tip-4/?feed_id=45536&_unique_id=6389dcbaf4197 #Inflation #Retirement #GoldIRA #Wealth #Investing #bobbond #elderlaw #houston #jeffgreen #leslieberry #Medicaid #nursinghome #texas #thebondlawfirm #TIPSBonds #bobbond #elderlaw #houston #jeffgreen #leslieberry #Medicaid #nursinghome #texas #thebondlawfirm

Medicaid Tips from The Bond Law Firm - Tip 7

E-200 Types of Unearned Income Having taxes withheld from social security and pension checks is no longer deducted from the co-payment. The new code states "income tax withheld from unearned income is also not a deductable expense for the co-payment calculation." Find out how The Bond Law Firm can help your residents, contact The Bond Law Firm at 281-448-4100 or visit our website at ... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected Securities REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/medicaid-tips-from-the-bond-law-firm-tip-7/?feed_id=45032&_unique_id=6387e1c5b4b81 #Inflation #Retirement #GoldIRA #Wealth #Investing #attorney #berry #bond #elderlaw #green #hanna #Medicaid #texas #TIPSBonds #attorney #berry #bond #elderlaw #green #hanna #Medicaid #texas