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Student loan debt has become one of the largest classes of consumer debt in the country. In fact, it affects as many as 43 million Americans. According to a report from Forbes, student loan debt reached almost $1.5 trillion in early 2019, with the average borrower from the class of...
Gifting is a great financial planning tool, especially at the end of the year. Alhambra's Bob Williams goes through the basics.
So, you’re almost eligible for Medicare. For many who have struggled with health insurance since Congress passed Obamacare in 2010, going on Medicare is a step up from the expensive, high deductible, limited option plans available to them. But Medicare can be problematic too if you don’t know what...
You need more than a Will or Trust to round out your estate plan. Alhambra's Bob Williams lists other Must Have planning documents.
Social Security is one of the most recognizable names around. And it should be. After all, it began in 1935. So, you’d think after 87 years Americans would have a really good understanding of what Social Security is and how it works. The 2022 Social Security Survey conducted by...
Well, here’s a shocker—the cost of healthcare is getting more expensive all the time—much more. And with the highest inflation rate in forty years draining people’s purchasing power, more Americans are finding it harder to pay their medical bills too. It wasn’t much easier in 2021. The Kaiser Family...
Not long ago, I wrote about those ubiquitous Part C Medicare Advantage TV ads that show up faster than a telemarketer can dial the phone. Well, the federal government has gotten so many complaints about MA ads that the rules governing them change beginning January 1, 2023. The Senate Finance...
Does this sound familiar?   “Hi, I’m (Joe Namath, Jimmie Walker, George Foreman, William Shatner—pick your favorite celebrity.) Check your eligibility for a zero premium Medicare Advantage plan that includes rides to medical appointments, home-delivered meals, and money added back to your social security check every single month, plus extra benefits...
Well, add one more item to the long list of inflation victims. Joining food and gas and about everything else in life is—retirement savings. A high percentage of Americans say staggering inflation has forced them to reduce or stop saving for retirement, and millennials lead the pack.   The information is...
In 2012, the American Taxpayer Relief Act (ATRA) established, for the first time, a permanent estate tax and gift tax exemption. The exemption is the amount an individual can pass on at death without paying estate taxes. The legislation set the exemption at $5 million per person, indexed for...