Expert Financial Advice

Traveling and Living Abroad With Medicare

Expert tips on traveling and living abroad with Medicare. Learn about coverage limitations, insurance options, and more. Valuable insights from Dr. Katy Votava.

HSA Contribution Rules for Medicare Enrollees

HSA Contribution Rules for Medicare Enrollees - Ask the Hammer: In this episode of "Ask the Hammer," Jeffrey Levine of Buckingham Strategic Wealth tackled the complex issue of Health Savings Account (HSA) contributions for individuals enrolled in Medicare.

Can You Deduct Buying Back Years of Service on Your Pension?

Can You Deduct Buying Back Years of Service on Your Pension? Ask The Hammer: In this episode of Ask The Hammer, Jeffrey Levine from Buckingham dives into whether buying back years of service on a state retirement plan qualifies for a tax deduction.

Your World on Money-Credit

Your World on Money-Credit: Overwhelmed and anxious about money? Not anymore. Master money basics – from budgeting to investing, homeownership to retirement – in Your World on Money. In this episode, we discuss credit.

Credit Card Debt

Credit Card Debt: Results of a study from Northwestern Mutual on personal debt.

Managing Personal Debt

Managing Personal Debt. Results of a study on debt by Northwestern Mutual. What strategies are you using to break free of personal debt?

What Women Can Do To Overcome Financial Insecurity Fears

What Women Can Do To Overcome Financial Insecurity Fears: A recent study from the Nationwide Retirement Institute shows that one in four women in the workplace fear they are on the wrong track for retirement. Cathy Marasco, the head of protected retirement at Nationwide, offers advice on solutions including how women can best prepare for retirement, and what women can do if they divorce or are widowed.

How To Divide a Family Business in a Divorce

Divorce poses unique challenges for female entrepreneurs, particularly when it involves dividing business assets. This summary, based on a Retirement Daily webinar, outlines key considerations for women business owners facing divorce.

Financial and Retirement Planning for Women

Mr. Retirement hosts a panel discussion on financial and retirement planning for women: featuring Dana Anspach, Nancy Fellinger and Kathy Mealey from Sensible Money.

Can I Still Contribute to My FSA After Enrolling in Medicare?

Can I Still Contribute to My FSA After Enrolling in Medicare? In this episode of "Ask the Hammer," Jeffrey Levine from Buckingham addresses a question about Medicare and Flexible Spending Accounts (FSAs) for individuals working past the age of 65. The viewer, who plans to work until 70 and is covered under an employer's health plan, inquires about the necessity of giving up their FSA after enrolling in Medicare Part A.

Making Sense of FSAs When You Hit 65+

Many people approaching age 65 face a dilemma when it comes to flexible spending accounts (FSAs). Can you keep contributing to an FSA after enrolling in Medicare? Or do you need to give it up entirely? In this episode of Ask The Hammer, Jeffrey Levine, chief planning officer at Buckingham, clears up the confusion.

Dependent Care FSA vs Dependent Care Tax Credit

To offset a portion of the high cost of childcare, consider a Dependent Care Flexible Spending Accounts (DCFSA) and the Dependent Care Tax Credit. Adviser Danielle Harrison explains what to keep in mind.

Don't Mess Up Your HSA! Key Timing Tips for Social Security & Medicare

Don't Mess Up Your HSA! Key Timing Tips for Social Security & Medicare: Contributing to an HSA and nearing retirement? In this episode of Ask the Hammer, Jeffrey tackles the tricky timing of applying for Social Security and Medicare while keeping your HSA tax benefits.

When to Stop HSA Contributions Before Medicare

Marcia Mantell of Mantell Retirement Consulting joins Lily Hamson to discuss the ins and outs of stopping contributions to an HSA before enrolling in Medicare.

HSA - Health Spending Accounts

Keith Whitcomb, RMA, Perky discusses the tax advantages of HSA's - Health Savings Accounts.

How to Open the Right Checking Account

"Adulting with Richard Sherman" guides on choosing the right checking account for your financial journey, providing essential insights for beginners.

What is an ETF? ETFs Explained

What is an ETF? ETFs Explained - Ask The Professor: In this episode of Ask The Professor, Professor Milligan explains ETFs - Exchange Traded Funds. If you are considering ETFs as an investment vehicle, watch this video to learn more about ETFs.

Mutual Funds or ETFs: Which Should You Choose as a DIY Investor?

While there isn’t a hands-down winner to this popular debate of mutual funds vs. EFTs, there is a best choice for you and your specific situation. Hannah Szarszewski, CFP with Blue Mountain Financial Planning explains.

HSA Contribution Rules for Medicare Enrollees

HSA Contribution Rules for Medicare Enrollees - Ask the Hammer: In this episode of "Ask the Hammer," Jeffrey Levine of Buckingham Strategic Wealth tackled the complex issue of Health Savings Account (HSA) contributions for individuals enrolled in Medicare.

Can You Deduct Buying Back Years of Service on Your Pension?

Can You Deduct Buying Back Years of Service on Your Pension? Ask The Hammer: In this episode of Ask The Hammer, Jeffrey Levine from Buckingham dives into whether buying back years of service on a state retirement plan qualifies for a tax deduction.

What is Form 709? Tax Filing for Superfunded 529 Plans

In this episode of "Ask the Hammer," Jeffrey Levine from Buckingham Strategic Wealth addressed a complex topic regarding the filing requirements for Form 709 when superfunding a 529 plan. Levine expertly explained that when individuals superfund a 529 plan—contributing five years' worth of gifts in one year—they are potentially required to file Form 709 just once, in the year of the contribution, as long as no additional gifts that exceed the annual exclusion are made in the following years.

Traveling and Living Abroad With Medicare

Expert tips on traveling and living abroad with Medicare. Learn about coverage limitations, insurance options, and more. Valuable insights from Dr. Katy Votava.

New Reverse Mortgages for Retirement Planning

Once seen as a last resort for retirees with limited savings, reverse mortgages are now being used for a variety of reasons, including:

Federal Employee Health Benefits and Medicare

Federal Employee Health Benefits and Medicare: In this video, Jae Oh, author of Maximize Your Medicare, discusses the coordination of federal employee health benefit plans (FEHB) with Medicare and the considerations for enrollment decisions. It highlights the complexity of FEHB options and the rules regarding enrollment and switching plans. The similarities and differences between FEHB and Medicare are explored, including the availability of Medicare Advantage plans within FEHB. The cost of FEHB compared to the private market is also mentioned. Prescription drug coverage is included in most Medicare Advantage plans within FEHB. The importance of location in determining FEHB costs is emphasized, as well as the possibility of suspending FEHB benefits.

The States With the Highest and Lowest Overall Tax Burdens

States With the Highest and Lowest Overall Tax Burdens: Some states provide better quality government services for the amount of taxes residents pay.

File Your Taxes Like a Pro: Must-Know Tips About Tax Forms

File Your Taxes Like a Pro: Must-Know Tips About Tax Forms: The video provides tips on important tax forms to know about before filing your 2023 taxes.

Strategies to Reduce Taxable Income

Strategies to Reduce Taxable Income : In this episode of "Ask the Hammer," Jeffrey Levine from Buckingham addressed a common concern: how to lower taxable income for the year. Levine emphasized that the best approach depends on individual circumstances. He suggested several strategies, including contributing to employer-sponsored retirement plans like 401ks or 403bs, utilizing Health Savings Accounts (HSAs), and leveraging Flexible Spending Accounts for healthcare or dependent care.

Medicare Claim Denied? Expert Shares Proven Medicare Appeal Strategies

Feeling lost after a Medicare claim denial? Don't despair! In this video, Jae Oh, author of "Maximize Your Medicare," equips you with the knowledge to fight back.

What is Dollar Cost Averaging? Investment Strategy Revealed

What is Dollar Cost Averaging? Investment Strategy Revealed. In this FinStream TV personal finance video, we answer the question: "What is Dollar Cost Averaging?" Dollar-cost averaging (DCA) is an investment strategy where an individual consistently invests a fixed amount of money into a particular investment, such as stocks or mutual funds, at regular intervals, regardless of the asset's price.

New Long-Term Care Partnership Policies: Extend Benefits and Protect Assets

Bob Pisani: Goals-Based Investing

Goals-Based Investing: Bob Pisani: In this Goals-Based Investing podcast, Tony Davidow talks to Bob Pisani, Senior Market Correspondent for CNBC about his new book “Shut Up & Keep Talking.” Tony and Bob delve into how the exchange has evolved over the years, lessons learned from crashes & corrections, behavioral finance, and the rise of ETFs, among other issues.

2023 Outlook: Advisors will need an Alternative Toolbox

2023 Outlook: Advisors will need an Alternative Toolbox: Tony Davidow, CIMA and author of Goals-Based Investing, shares his thoughts on investing in 2023.

Rethinking the 60/40 Portfolio

The 60/40 allocation is considered to be a relatively conservative approach, as it provides some exposure to the potential returns of stocks while also offering a degree of safety through the more stable bond investments.