Loss Assessment Coverage: The HOA/Condo Blind Spot
There is a perceived convenience to belonging to a neighborhood homeowner’s association (HOA) or owning a condominium. All the extras,…
The Legal Risks of Volunteering
Giving back to the community can be rewarding. It’s an opportunity to make a positive impact. But well-intentioned volunteer work…
Personal Injury Liability vs. a Bodily Injury Claim
Automotive and homeowners liability are similar in many ways, but they differ in key ways. For automotive insurance, there is…
The COBRA-to-Medicare Penalty Nobody Warns You About
The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that lets you keep employer group insurance when it…
What Happens to Your Pension When the Company Is Bought
When a company is bought, your pension may be affected. The transaction generally faces one of four outcomes. It could…
The Financial Consequences of ‘Gray’ Divorce
Gray divorce refers to divorce among adults ages 50 and over. And although divorce among younger adults has been declining…
Medicare’s $2,100 Ceiling Part D Drug Costs
More than 66 million people have Medicare health coverage, according to the program. And according to the Commonwealth Fund, nine…
Claimed Too Early? A Social Security Do-Over Most People Miss
You can file for Social Security as early as 62 years old. But according to the Social Security Administration (SSA),…
The Widow’s Penalty Nobody Plans For
Losing a spouse can be devastating. But besides the emotional turmoil that accompanies such a tragedy, there’s also the financial…
Should You Keep, Sell, or Trade in Your Car?
Most people have a philosophy when it comes to how long to keep a car. Some people want a new…
IRMAA and the Medicare Surcharge Trap: How It Happens and How to Appeal
Income-related monthly adjustment amount (IRMAA) is a surcharge added to Medicare Part B and Part D premiums for higher-income beneficiaries.…
Why You May Need Loss-of-Use Coverage on Your Home
Loss-of-use coverage protects homeowners from paying both housing and living expenses after a covered disaster. Dogora Sun/ShutterstockIf your home is…