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Getting Ready for Retirement Checklist

Getting Ready for Retirement Checklist

If the word “retire” is becoming your new mantra, we suggest you make a retirement checklist before you receive your last paycheck. It’s never too early (or too late)...

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Weekly Market Commentary

Weekly Market Commentary

Global financial markets rallied last week as investors stepped in again to buy the prior week’s dip in prices.  Japan, Germany, Spain, and Italy were international...

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Weekly Market Commentary

Weekly Market Commentary

Markets forged another set of all-time highs before taking a step back last week as a deluge of information had to be digested by investors.  August 1st was the tariff...

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Weekly Market Commentary

Weekly Market Commentary

The S&P 500 and NASDAQ reached another set of all-time highs, driven by constructive rhetoric on global trade and positive second-quarter earnings results from...

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Weekly Market Commentary

Weekly Market Commentary

U.S. equity markets were little changed for the week; that said, the S&P 500 and NASDAQ were able to forge another set of all-time highs. A busy Q2 earnings...

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Weekly Market Commentary

Weekly Market Commentary

A barrage of tariff letters sent to over 20 countries by President Trump yielded very little movement in the financial markets.  Trump announced that there would not be...

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Weekly Market Commentary

Weekly Market Commentary

The holiday-shortened week produced another week of gains for US equity indices.  The S&P 500 was up 10.6 % in the 2nd quarter, while the NASDAQ composite rose...

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Weekly Market Commentary

Weekly Market Commentary

The S&P 500 and the NASDAQ joined the NASDAQ 100 in forging new all-time highs in an extremely busy week for Wall Street.  A de-escalation of the Iran-Israel-US...

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Weekly Market Commentary

Weekly Market Commentary

Despite there being plenty for investors to consider, the holiday-shortened week ended pretty much where it started. Israel and Iran continued to exchange missile...

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Weekly Market Commentary

Weekly Market Commentary

US markets advanced in an erratic week of trading. The S&P 500 ended the week above the 6000 level and is up nearly 24% from the April 7th lows. Investors continue...

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Ed Slott’s Elite IRA Advisor Group (Ed Slott Group) is a membership organization owned by Ed Slott and Company, LLC. Logos and/or trademarks are property of their respective owners and no endorsement of (Glad Cleveland) or (Cleveland Financial Solutions) is stated or implied. Ed Slott Group and Ed Slott and Company, LLC are not affiliated with Cleveland Financial Solutions.

For the detailed requirements of Ed Slott’s Elite IRA Advisor Group, please visit: https://www.irahelp.com/EliteGroup

 

Do QCDs Actually Reduce AGI?

  By Andy Ives, CFP®, AIF® IRA Analyst It has come to our attention that confusion exists as to how qualified charitable distributions (QCDs) impact one’s taxes....

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The Craziest Stuff I’ve Heard

By Andy Ives, CFP®, AIF® IRA Analyst The Ed Slott team has answered literally tens of thousands of IRA and retirement plan questions over the past few years. That is...

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Get the care you need quickly when you’re sick

Get the care you need quickly when you’re sick

Discover six ways to access care fast, even if your doctor is busy. Hint: You may not need to go in person. Doctors’ offices are busier than ever these days. Sometimes it can be tough to book a timely appointment with your primary care provider. You might be sick or...

Can You Apply for Medicare Without Social Security?

Can You Apply for Medicare Without Social Security?

Key Points You do not need to be receiving Social Security benefits to apply for Medicare. You can receive Social Security benefits as early as 62 and Medicare benefits at 65. If you are already receiving Social Security benefits before your 65th birthday, you’ll be...

Is the Medicare Annual Wellness Visit Mandatory?

Is the Medicare Annual Wellness Visit Mandatory?

Key Points While the Medicare Annual Wellness Visit is not mandatory, it is a 100% covered preventive service. The Annual Wellness Visit differs from the typical annual physicals you were used to with group coverage. If you’ve had Medicare Part B for more than 12...

Why You Need Part D

Why You Need Part D

Key Points Medicare Part D is a voluntary program, but if you do not enroll in a plan, you won’t have coverage for expensive medications. You will also have a late enrollment penalty if you don’t have other creditable coverage. Medicare Part D is a huge time...

Medigaps

Medigaps

Original Medicare Part B covers 80% of the cost of most services. But what about the other 20%? Or the other out-of-pocket costs like deductibles or inpatient copays? Let’s discuss Medigaps, which can help cover these costs. What are Medigaps? Medigaps are health...

Medicare’s 2025 Surprise: Higher Costs, New Caps, and Vanishing Perks

Medicare’s 2025 Surprise: Higher Costs, New Caps, and Vanishing Perks

Big changes are coming to Medicare and Social Security in 2025, and if you’re on Medicare—or soon will be—you need to know how these updates could impact your costs and coverage. Financial Sense’s Jim Puplava recently spoke with Medicare expert Brian McArthur to get...

Here’s How Much Medicare Will Cost in 2025

Here’s How Much Medicare Will Cost in 2025

Medicare pays for a bulk of older Americans’ health care costs, but not all. And each year Medicare adjusts key costs that are paid by enrollees. I want to walk through Medicare out-of-pocket costs for 2025. I sure hope those of you who are not yet 65 pay close...

What If My Medicare Doctor “Opts Out”?

What If My Medicare Doctor “Opts Out”?

Finding a doctor you like and trust can be a long process, so I understand that it can be frustrating when your doctor no longer accepts Medicare. If your doctor has “opted out” of Medicare, this means that he or she no longer accepts Medicare assignment...