Reverse mortgages are not the only option for getting available cash out of your home equity. Your are at least 62 years old. This means you are eligible to apply for a reverse mortgage. Reverse mortgages allow you to borrow against your home equity to receive a line of credit, monthly payments, or a combination […]
The proposed HEALS Act impacts Medicare in 2021. You are a citizen of the United States of America. What happens in Washington D.C. affects you. As such, it is good to be informed when it comes to new legislation. This is especially true with decisions regarding Social Security or health care. According to a recent […]
There are certain reasons to come out of retirement. You are recently retired. Adjustments are challenging. You are enjoying the change of pace, but you still have concerns about time, money, and meaning. You wonder whether you will need to come out of retirement in the future. According to a recent MoneyTalksNews article titled “8 Signs […]
Babysitting grandchildren can be beneficial to health. You are a grandparent. Perhaps you have recently joined thees esteemed ranks after the recent birth of your first grand baby. Maybe you have been a grandparent for years. Either way, you know the joy of this role. Nevertheless, there seems to be a beneficial role to this […]
A Roth conversion may be a wise choice during these uncertain times. Planning for retirement is never easy. It requires budgeting and sacrifice. Saving for the future can feel even more daunting with the economic uncertainty of the current pandemic. According to a recent Jacksonville Business Journal article titled “Covid-19 and the CARES Act enhance the […]
Continuing to work in retirement can complicate Social Security benefits. Social Security can be a wonderful supplement to saved retirement income. How much you receive depends on several factors. How long did you work? How much did you make? How old are you when you begin collecting Social Security? According to a recent The Sun […]
Some states are lowering taxes to appeal to retirees. You have begun planning for retirement. Money and climate are two common considerations. You will review cost of living and taxes. According to a recent Kiplinger article titled “States Lower Taxes to Court Retirees,” some states are more financially appealing than others. Other states are taking […]
Some people require Medigap policies to supplement their Medicare coverage. Medicare provides medical coverage for senior Americans. About 62.3 million individuals are enrolled in Medicare. Many people require more coverage than what they receive through Medicare. According to a recent CNBC article titled “A ‘Medigap’ policy picks up some costs that Medicare won’t. Here are […]
A pension plan can be significant help in retirement. Fewer employers offer pension plans than in the past. The numbers of pension plans have fallen from 103,000 in 1975 to 46,700 in 2017. While pensions have become less popular, 401(k) plans have grown from 207,700 in 1975 to 662,800 in 2017. Although pension plans and […]
Medicare may continue its level of telehealth coverage after COVID-19. Many services have adapted in the midst of COVID-19. To minimize potential exposure to the virus, telehealth has become an important alternative to in-person visits. By providing accessibility to these services, Medicare expanded its telehealth coverage during COVID-19. According to a recent STAT article titled […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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