Long-term care insurance policies can be structured in any number of ways, depending on your desired coverage. More coverage equals more premium cost, but may save you money later in life if you use your policy for a number of years.
There are a variety of provisions (also known as riders) to consider, including but not limited to the dollar amount of your daily benefit (usually $200 - $500), whether it is a reimbursement or paid in full, which facilities qualify for coverage, what kind of assistance you’ll provided, whether or not it includes a nurse on duty 24 hours a day, access to a doctor, whether you’ll have a room to yourself or not, and so on.
Careful analysis of all of these features is required before purchasing a policy.
What if My Long-Term Care Insurance Doesn’t Pay for My Expenses?
Should I buy a Medigap policy?
Cash balance plans are a type of pension in which the benefit is stated as a future account balance rather than an income
Most estimates project that the Social Security Trust Funds will be depleted by 2037
The Advance/Decline Ratio places the number of advancing stocks over the number of declining stocks for a day or time period, and the result is a ratio
Balanced funds offer a well-diversified investment that includes relatively equal exposure to stocks and bonds. Balanced funds combine stocks, bonds, and money market instruments
There are many ways to invest, but there is no definite answer. General rules focus on diversification of assets nd strategies that change with age.
The LIBOR is the benchmark interest rate that the world’s leading banks pay each other for short-term loans (interbank rate).
Net long means to own more long positions than short positions. Being long means to own a security or derivative
The Cup-and-Handle pattern is formed when a currency pair price initially declines and then rises to form a “U”like shape
IRS Form 1099-Q plays a critical role in reporting distributions from qualified educational programs like 529 plans and ESAs.
A bear put spread involves the use of two puts, one sold and one bought, at different strike prices