For individuals purchasing their own medical insurance, short-term health insurance plans may be an option. These plans are available in many states as an alternative to Affordable Care Act-compliant plans. They are not for everyone, however. Here is a basic overview of short-term plans.
Did you know you have many credit scores? When you obtain your credit score, you are getting a generic score. Your lender, however, will most likely receive a different number specific to its industry. Are you applying for an auto loan, mortgage, credit card, or insurance? You have a different credit score for each.
The following article is from the American Association of Daily Money Managers (AADMM). Fraud takes an enormous financial, as well as emotional, toll on victims. It can destroy businesses and ruin financial lives. Many individuals, businesses, and organizations are affected by scams and other fraudulent activity on a daily basis. A report in the American […]
There are many credit card offers available to us. They come in the mail, reach out to us in advertising, and are on display at airport and store counters. We know people who have found the best credit card ever and think we should have it too. If you come across a credit card offer […]
Many times, our parents don’t need (or want!) someone to completely take over their checkbook. Sometimes all they need is a little help. If they are willing to share information with you, here are five ways you can provide assistance while helping your senior maintain independence. 1. Review the incoming mail with your parents. Many […]
If there is a way to scam you out of money, thieves will be all over it. Unfortunately this is happening with the rollout of the new Medicare cards. Medicare is removing Social Security numbers from Medicare cards. By April 2019, all Medicare participants will receive a replacement insurance card with a new, unique number. […]
Recently, as my daughter was deciding which college she will attend next fall, I was looking over the various schools’ acceptance forms. Many asked for her Social Security number. I told Gabriella not to give the school her number. “Why?” she asked. “Because they have no legal right to it,” I said. Your Social Security […]
I am getting ready to “launch” my daughter as she heads off to college next fall. She is an adult. Although my husband and I will still support her, we no longer have any legal authority to access her financial accounts, health information, and even her grades. It does not matter that we are her […]
When I perused a USA Today newspaper recently, I read a statistic* that stuck in my mind: “66% of adults 45 and older are concerned about not being able to maintain a reasonable standard of living in retirement.” Sixty-six percent is significant! This led me to think about two expenses which have greatly impacted some […]
At long last, Medicare is removing Social Security numbers from all Medicare cards. For any years the Centers for Medicare & Medicaid Services (CMS), which administers the Medicare health insurance program, resisted pressure to make this change. In 2015, however, Congress passed the Medicare Access and ChiP Reauthorization Act (MACRA) requiring CMS to replace the […]