Vesting rules depend on the type of Keogh contributions being made. The IRS imposes certain rules on Keogh Plans, which includes vesting restrictions. Different employers might have totally different vesting schedules, as long as they satisfy the IRS rules. It depends on the type of contribution being made, such as matching or profit-sharing or money-purchase contributions, whether the plan is a QACA, and so on. Many contributions are immediately vested, while some are gradually vested over a few years, and some are on a cliff-vesting schedule. Continue reading...
Unemployed people are still required to have health insurance. Under the Affordable Care Act (ACA), you will likely qualify for a federal subsidy to help you pay for it. Younger people can buy a catastrophic policy, which offers minimal coverage but can still help prevent eroding all of your savings in the event of a major accident. How Much Will Individual Health Coverage Cost? What is Medicare Part D? Continue reading...
Under current law (the Affordable Care Act), everyone is eligible to receive health insurance coverage. However, not everyone may be able to afford health insurance. There are subsidies provided by the federal government for those who cannot afford it, but cost may still be an issue for many. How Much Will Individual Health Coverage Cost? Can I Purchase Individual Health Insurance? What Health Insurance Do I Need if I Don't Have a Job? Continue reading...
There are many factors that determine how much you pay for health coverage, such as age, income level, and the type of plan you want. The least expensive plans will be for young people (age 30 or under) who just want catastrophic coverage – this type of coverage is high deductible and does not cover frequent visits to the doctor or even check-ups. It is designed to provide coverage only in the event of a major accident. Continue reading...
You and your spouse could be on the same health plan, especially if it is offered through your employer, COBRA, or Medicare and Medicaid. If you are purchasing long-term care insurance, you would generally get a separate policy for each person. Do I need Life Insurance for My Spouse? Will My Spouse and Children Receive Social Security Benefits if I Die? Continue reading...
This week's financial markets saw a sharp divide between surging cryptocurrencies and declining traditional commodities and major indexes. XRP and Bitcoin led the gains, driven by positive regulatory news, while natural gas prices fell due to oversupply concerns. Notable sector movements included strength in financials and energy, and setbacks in technology and materials. Stay informed on the complex and shifting financial landscape. Continue reading...
Yes, you can purchase individual health insurance if you are not covered by an employer-sponsored plan, or if you are too old to be on your parent’s plan. You can start your search at www.healthcare.gov, though you may end up finding the best plan on your state’s exchange (if your state has a health insurance exchange. Financial aid is also available for health plans if you are below a certain income threshold. Continue reading...
The week of July 8 to July 12 saw dynamic market movements with cryptocurrencies experiencing substantial gains and inverse ETFs facing significant declines. Financial, real estate, and industrial sectors showed strong performances, while the communications sector lagged. This diverse market activity highlights the varying economic influences and investor sentiments driving current market behavior. Continue reading...
The article provides a detailed overview of the financial markets' performance during the week of July 22 - 26, highlighting significant market volatility across major indexes such as QQQ, SPY, DIA, and IWM. It discusses the contrasting performances in sectors and asset classes, including cryptocurrencies and sector-specific ETFs, reflecting investor sentiment and responses to economic data and corporate earnings. The summary emphasizes the importance of staying informed in a volatile market environment. Continue reading...
Unravel the intricacies of the health insurance sector and discover the top stocks poised for growth. From industry giants like Unitedhealth to innovative players, get insights into the companies shaping the future of healthcare coverage. Continue reading...
Dive into the heart of recent market dynamics with our latest analysis covering March 18-22. Witness the contrasting landscapes as commodities and certain indexes celebrate gains, while the cryptocurrency sphere navigates through turbulence. Continue reading...
The financial markets experienced notable volatility during the week of July 29 to August 2, driven by a complex interaction of economic indicators and investor sentiment. Key indices showed mixed performances, reflecting the unpredictable nature of the market. Continue reading...
Explore how global markets rallied during the week of September 23-27, with small-cap stocks leading the charge and volatility indices dropping. Discover key market drivers, sector performances, and international trends that shaped investor confidence. Read the full market analysis now! Continue reading...
Dive into the financial landscape of August 5-9, where market volatility, sector shifts, and global dynamics shaped the week. Discover the contrasting performances of commodities, tech stocks, cryptocurrencies, and major indices, along with key insights from U.S. and global markets. Continue reading...
This week’s market recap reveals mixed performances across stocks, commodities, and cryptocurrencies, with Monero surging while energy markets falter. Rising volatility points to growing uncertainty, highlighting the increasing importance of AI-driven trading systems in navigating today's unpredictable financial landscape. Continue reading...
In the week ending October 18, 2024, U.S. equities and cryptocurrencies saw strong gains, with SPY up 1.11% and Bitcoin Cash surging 12.27%. However, rising volatility indexes signal potential market risks ahead. Explore key sector performances and global market trends amid this dynamic shift. Continue reading...
Unlock the power of financial product riders! Learn how these customizable provisions can enhance your insurance policies and meet your unique needs. Discover different rider types, like long-term care and premium waivers, and make informed decisions for a secure financial future. #Insurance #FinancialPlanning Continue reading...
The Employee Retirement Income Security Act (ERISA) stands as a crucial federal law enacted in 1974 to safeguard the retirement assets of American workers. It achieves this by implementing a comprehensive set of rules and regulations that employer-sponsored retirement plans must adhere to, ensuring that plan fiduciaries act in the best interests of plan participants. ERISA has undergone numerous amendments and has evolved over the years to meet the changing needs of the workforce. Continue reading...
Demystifying Medicare & Medicaid: Dive into the key differences between these essential U.S. healthcare programs. Learn eligibility criteria, coverage specifics, and how they interact. A must-read for navigating American healthcare! 🔍🩺 #Medicare #Medicaid #USHealthcare Continue reading...