Inflation has always been one of the most significant threats to long-term financial stability. For investors in Chicago—and particularly for retired federal employees—keeping up with the rising cost of living requires a combination of sound planning, strategic...
Affordable Care Act and Cost Sharing Reduction The Affordable Care Act (ACA) offers two types of subsidies to help reduce insurance premiums and out-of-pocket healthcare costs. The first is Federal Premium Subsidies, which is an advance tax credit that lowers the cost...
Not everyone has the same premium for their Medicare Part B Insurance. The Centers for Medicare and Medicaid Services (CMS) sets a standard premium each year, which is what the majority of beneficiaries pay. However, about 8% of people actually pay a higher premium...
Spring Cleaning for Your Finances – 6 Steps to Get Your Financial Household in Order While the cold of winter is not over for many regions of the country, spring is officially here on the calendar anyway. The season of spring is a time for rebirth, and many...
Did you know that you have a 1 in 4 chance of becoming disabled sometime in your career according to the Social Security Administration? If you were out of work for an extended amount of time, say three months or more, could your family survive without your paycheck?...
By: Ryan Boggus Have you ever taken a look at your bank account and thought, “Where does it all go?!” If so, you are not alone. Most of us never take the time to create a budget or track our spending habits. This can lead to credit card debt, financial penalties,...
