Here is a
real life example about the unexpected gaps that appear in all
health insurance policies. The problem is that no matter how
much up front work you may have done, you may never think to ask
the right questions and even if you do, things do not always go as
expected.
There aren't a whole lot of guarantees in life, but
here's one thing all of us can count on with 100 percent
certainty: We are all going to die. With those odds in mind, why
on earth do so many people not have a will or trust? About
57 percent of all adults don't have a will, according to a survey
conducted by the AARP. And it's a safe bet that those without a
will don't have a trust either.
Medicare will soon offer
insurance plans to help you pay
for your prescription drugs. Our free educational guide - "The New
Medicare Prescription Drug Coverage: What You Need to Know" -
will help you understand your options and the steps you need to
take to receive this important coverage.
A free booklet from the AARP provides a thorough overview of the
new Medicare prescription drug benefit that will go into effect on
January 1, 2006.
The nation's 48
million Social Security recipients will get a 4.1 percent cost of
living increase in payments in 2006. While this is the largest
increase in a decade, more than a quarter of it will go to pay the
increase in the Medicare Part B premium.
Personal Finance News
is a monthly e-newsletter that reports on topics that are of
interest to you and your family. This
newsletter is brought to you by Redlig Financial Services.
Evan M. Gilder
Accountant
Daily Money Manager
Financial Gerontologist
(914) 946-7725 - work
(914) 643-7394 - cell
Westchester Office:
40 Prescott Avenue
White Plains, NY 10605
(914) 946-7725
Long Island Office:
22 Eaton Road
Syosset, NY 11791
(516) 935-3950
Eliminating the
Financial Burdens for the Elderly and Family
Caregivers
Please fell free to forward this newsletter or
suggest additional recipients to us. Personal Finance News
is for your free and unrestricted use; permission to reprint in
whole or parts is granted provided appropriate credit is given
to Redlig Financial Services.