Author: Pat Frederiksen

LET’S TALK About Medicare Fall Open Enrollment

The Medicare Fall Open Enrollment Period is October 15 through December 7, 2020. Here are a few reasons we should talk about your Medicare coverage. The Open enrollment period is the only time (with a few exceptions) to change your Medicare Advantage plan or Part D drug coverage. Medicare Advantage plans and Drug plans are […]

Will I Have Enough Money To Live On?

Can I Maintain My Lifestyle? Not having a plan in place could leave you short of money to live on.   When I lost my job with Continental Airlines after 9/11, I did not know what to do.  I worked in international reservations from 1986.  In a fog, I did as I was told by family.  […]

IRAs for 2020

For 2020, your total contribution to all of your traditional and Roth IRAs cannot be more than $6,000 ($7,000 if you’re age 50 or older), or your taxable compensation for the year, if your compensation was less than this dollar limit. This does not include your rollover IRA. The same general contribution limit applies to both Roth and traditional […]

Lost Your Job?

 What do you do with your 401(k)? Got your attention? Got you thinking? Now that you have gotten over the shock of losing your job, take control of your assets! You have 4 choices to consider. 1. Leave it with your former employer. Most companies-not all-allow you to leave your retirement savings in their plan. […]

Look Out For Covid-19 Scams

Unfortunately, scammers are using the COVID-19 pandemic to try to steal your Medicare Number, personal information, and money. And they’re using robocalls, social media posts, and emails to do it. Remember, if anyone reaches out to get your Medicare Number or personal information in exchange for something, you can bet it’s a scam. Prevent Medicare […]

IRA Contribution Limits

Did you know you can still contribute to your IRA/SEP for 2019 until July 15, 2020?  Due to Covid-19, the deadline has been extended to coincide with the tax deadline. It’s not too late to save money in your traditional or Roth IRA. This year’s contribution limits are $6,000 if you are under 50 or […]

Scroll to top