What is a Continuing Care Retirement Community (CCRC)? CCRCs are retirement facilities that offer housing, meals, activities, and health care to their residents. These communities appeal to people who are currently in good health, but who worry that they may need nursing care later on. The CCRC and the resident sign a contract which guarantees […]
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How Medicare-Related Taxes Affect High-Income Individuals
The health-care reform legislation enacted in 2010 included Medicare-related taxes that first took effect in 2013. These taxes target high-income individuals and families. Here are the basics: ADDITIONAL MEDICARE PAYROLL TAX If you receive a paycheck, you probably have some familiarity with the Federal Insurance Contributions Act (FICA) employment tax; at the very least, you’ve […]
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Investing for the Next Decade (7 perspectives on what the world in 2030 will look like)
The 2030s may seem like the distant future and certainly not a focus for many of us looking to just make it through these challenging current times. However, we, at BWFA, spend much of our time considering what life will look like at the end of our current decade. Our forecasting the future helps inform […]
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Stay Well With Good Health Insurance
Your goals and priorities will probably change as you plan to retire. Along with them, your insurance needs may change as well. Retirement is typically a good time to review the different parts of your insurance program and make any changes that might be needed. After you retire, you’ll probably focus more on your health […]