Category Archives: Insurance

A health savings account (HSA) allows you to use tax-free money to pay for qualified medical expenses. The money you use to fund the account is not subject to federal income tax or state income tax in most states (California being one exception), and employer contributions are not taxable to the employee. In order to contribute to an HSA, you are required to be enrolled in a high deductible health plan (HDHP). You cannot contribute to an HSA if youRead More

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October & November are open enrollment months for health benefits.  If you are employed at a company with benefits, this is the time to make any needed changes.  Typically, you cannot change your benefits during other months of the year unless you have a qualifying event such as a new baby or a change in marital status.  Review your most recent financial plan and see if there are any recommendations regarding your benefits.  You may need to obtain additional life insurance or start utilizing a flex spending account (FSA).Read More

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At a national financial planning conference this year, I heard a speaker who is a Medical Doctor turned Financial Planner. She has all new clients go to Livingto100.com and complete the online questionnaire with her. The questionnaire gauges probable life expectancy and enables the planner to estimate a possible end date (end of life) for the client’s financial plan. This is helpful not only for the retirement plan, but also to help clients understand the factors that insurance companies lookRead More

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The first earthquake I felt in San Diego was on Easter Sunday 2010.  While it lasted for just over a minute and didn’t cause any major damage in our immediate area, it certainly made me uneasy.  It made me aware of how vulnerable we are to the forces of mother nature in our new home. Four years, 2 kids and a dog later, I am reviewing my insurance policies to make sure they are up to date, as I do everRead More

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Most of us think of our pets as part of our family. As such, we care for them when they are sick or injured as we would any family member. While we know that the human members of the family should have medical insurance, we may not think about it for our pets. That begs the question, should you obtain insurance for them? Well, it depends. Insurance is just one way to manage risk. Here are some tips for evaluatingRead More

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