Marc Ang discusses about some of Social Security benefits tips and the technical aspects of taxation on Social Security benefits and also gives examples on calculating social security benefits tax. For many active seniors who want to continue working, or are savvy investors making passive income, there are some tax nuances to consider. Many seniors ask the question, "Are my … [Read more...] about Taxation When It Comes To Social Security Benefits
Families
Social Security Fast Facts: The Basics
Marc Ang discusses Social Security basics and the government benefits we have paid into, some staggering social security statistical facts, criteria to qualify for social security benefits (fully insured versus currently insured) and the decision to take an early retirement or to delay until you're 70. Here is a little cheat sheet on Social Security basics and statistical … [Read more...] about Social Security Fast Facts: The Basics
The Medicaid (Medi-Cal) Long Term Care Plan?
Marc Ang tackles the dangerous myths surrounding long term care that could mean a depletion of your entire life savings, highlighting the importance of long term care planning. Medicare and Medicaid/Medi-Cal are not the perfect solutions for long term care. False sense of security. Those are the words that come into mind for me when I hear people talk about their long term … [Read more...] about The Medicaid (Medi-Cal) Long Term Care Plan?
Crafting Your Financial Power of Attorney
We discuss the important considerations and intricacies of the Financial Power of Attorney document in the estate planning process and difference between the General Power of Attorney and Durable Power of Attorney. This should be part of any estate plan checklist. When preparing to give another person the ability to make financial decisions for you, there are many things to … [Read more...] about Crafting Your Financial Power of Attorney
Time Flies: Kids Are Grown, “Empty Nest” Looms
Erin Bui chats about her parents and the concerns of a mature couple, at the stage in life where they're sending their children off to college, helping pay for college costs, and the important checklist of things to do as the empty nest looms. When you were young and just got married, you probably thought you had all the time in the world. You had children, secured stable … [Read more...] about Time Flies: Kids Are Grown, “Empty Nest” Looms