Tags Hans Scheil

Tag: Hans Scheil

Do I pay income tax on my Social Security benefit?

Once you know your combined income, you’ll be able to figure out how much of your Social Security benefit is taxable. If the only income...

Life Insurance and Pre-Existing Conditions: What can I get?

The answer to this question is yes, absolutely. No matter your pre-existing condition, there is almost always a life insurance policy that will accept...

Why should I choose a CFP® Professional as a financial advisor?

All CFP® professionals, in accordance with the code of ethics, must adhere to the fiduciary standard. Being a fiduciary requires CFP® professionals to make decisions...

Calculating Required Minimum Distributions (& why you should look at them before retirement)

Like we mentioned above, RMDs are the government’s plan for your distributions. You will want a plan of your own, which will distribute your...

Short Term Care Insurance: A long term care solution for those with pre-existing conditions

Many people end up using short term care insurance as a solution due to the fact that they have pre-existing conditions. While everyone has some...

The 2 Paths of Medicare Explained

What are the 2 paths of Medicare? Almost everyone on Medicare is going to have Part A and Part B, which make up Original Medicare....

Understanding your Social Security Statement

When planning for retirement, you will want up-to-date information. You can get this by downloading your most recent Social Security statement online. The website to...

Understanding your Social Security Statement

All Social Security statements also have a section titled “Some Facts about Social Security.” In this section, it talks about how Medicare and Social...

2021 Taxes for Retirees Explained

Qualified dividends tax rates are just something to keep in mind when tax planning, especially in retirement. How do I lower my 2021 taxes in...

2021 Taxes for Retirees Explained

Looking at all the charts above, it is clear to see that in comparison to years past we have pretty low tax rates. The Tax...
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