Articles

Medicare Advantage Open Enrollment Period: Can I still change my Medicare coverage?

You can switch from one Medicare Advantage plan to another Medicare Advantage plan. Medicare Advantage plans change every year. If you either missed the Annual Enrollment period in the fall or you switched plans and are unhappy, this period gives...

Social Security Cost Of Living Adjustment (COLA) 2021: What it means for you

What was the Social Security COLA in 2021? Social Security benefits are being increased by 1.3% in 2021.  In comparison, in 2020, Social Security checks were increased by 1.6%, while in 2016 there was no increase. If you were getting a $1,500...

How Required Minimum Distributions Increase your Taxes in Retirement

What are RMDs?  RMDs, short for required minimum distributions, are the distributions the U.S. government requires from retirement accounts each year.  RMDs only kick in after you turn 72. RMDs are applied to retirement accounts that are funded by pre-tax money. These...

When to transition from term life insurance to whole life insurance in retirement

Term life insurance summarized Term life insurance is going to cover you for a fixed period of time. You can buy, for example, a 10-year term, 20-year term, 30-year term, that will cover you for that time period.  With term life...

3 types of annuities that can keep your money safe in retirement

1. Accumulation Annuity Accumulation annuities are designed to grow your money. These are a little different than the other 2 types of annuities we talk about, as most do not end with income payments. The most common type of accumulation annuity...

Donating to charities and over age 70 ½ ? Do it in a tax efficient way!

The post Donating to charities and over age 70 ½ ? Do it in a tax efficient way! appeared first on Cardinal Guide. Listen To Finishing Well on Truth Newest Live Episodes of Finishing Well are on The Truth Network

What does the U.S. Department of Treasury’s 2020 report mean for your long term care?

The main recommendations from the report were: Create better, more affordable long term care insurance policies  The task force’s biggest recommendation is that long term care policies need to be easier to understand and more affordable.  The number one reason that consumers...

Medicare Annual Enrollment is ending, what does that mean for you?

Look at your Medicare Advantage Plan If you are currently enrolled in a Medicare Advantage plan, it is very important that you verify that all your doctors, hospitals, and drugs will be covered by the plan in the upcoming year.  It...

What Does the Social Security Full Retirement Age Mean?

What is my full retirement age now? Full retirement age(FRA) is based on the year you were born. If you were born on January 1st, your FRA will be based on the year prior.  Year of Birth Full Retirement Age 1943 – 1954 66 1955 66...

How Every State Taxes Differently in Retirement

Retirement taxes in Alabama Alabama fully exempts Social Security retirement benefits and payments from traditional pension plans from income taxes.  Alabama has pretty high sales taxes, averaging at 9.22% in 2020.  Alabama has some of the lowest property taxes in the county,...

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The Roots Of Rage Part 1

We’ve all seen people out of control with anger. They drive dangerously. They start fights. But where does this rage come from? Winning in life’s race means getting anger under control, including when someone cuts you off in traffic. In this

A Prayer for Excellence I – Part 1 of 2

“And this I pray, that your love may abound yet more and more in knowledge and in all judgment; That ye may approve things that are excellent; that ye may be sincere and without offence till the day of Christ. Being filled with the fruits of righteousne

We’ve Failed…but God – Part B

All of us experience times of desperation, but as James Montgomery Boice said, "If you understand those two words, 'But God,' they will save your soul. If you recall them daily and live by them, they will transform your life completely." In this series, Skip Heitzig explores the "but God" moments of David, Jonah, Moses, and other biblical figures, encouraging us to let the Lord turn our personal periods into pivot points.

How Important Is God’s Word in Education?

A Conversation with Dr. Sam Horn!

The Roots Of Rage Part 1

We’ve all seen people out of control with anger. They drive dangerously. They start fights. But where does this rage come from? Winning in life’s race means getting anger under control, including when someone cuts you off in traffic. In this

A Prayer for Excellence I – Part 1 of 2

“And this I pray, that your love may abound yet more and more in knowledge and in all judgment; That ye may approve things that are excellent; that ye may be sincere and without offence till the day of Christ. Being filled with the fruits of righteousne

The Book of Sadness – Daily Devotion

Lamentations 3:22–25 Do you have a movie that makes you #uglycry? The irony is that even through the hurt and pain of these stories, a...

Let’s hear some REAL incitement!

“Tear down the monuments!” is what the protesters now shout. When George Floyd was murdered it was the final straw that has led to a long month of protests and with it, the country is once again grappling with the age-old problems of racism,

How Do You Love Someone You’ve Never Seen?

The people you love most are usually the people you’re around most, your spouse, your children, your family, your friends. But how do you...