Insurance & Annuities Questions

SS/ Medicare

Hi Terry, I love you segments on John’s show…always so informative. My question..My wife turned 65 on April1st of this..

Medicare and retirement

Which Medicare plan/supplement would be the best plan for a a retired single healthy, 74 year old male?

Life insurance

My husband & I are 70 & 75 last year we bought whole life insurance. 30.000 each so total 60.000...

Long term care insurance

I heard Terry on WGN mention regarding long term care insurance but was unable to listen to her advice. I..

Medicare choices

Hi Terry, Big fan here. I have Alexa program and every Wednesday WGN RADIO I’m 66 ,still working , Hoping..

Applying for Social Security

I will be turning 65 in September 2024. Even though I will continue working for some time and carry my..

Medicare deduction from social security

Medicare effective 4/1/24. The deduction for A and B should show on May disbursement not on April’s correct? Payments are..

Medicare for spouse of postal employee

Hi Terry, I am 64 on SSDI. My husband is 61 YO retired postal employee. I have been on his..

IRA personal liability

Terry, is my IRA protected against personal liability lawsuits? Do I need “Umbrella Insurance” for auto and home?

Medicare Standard (Plan G Plus Secure)

In searching for a BCBSIL Medicare plan that included Silver Sneakers, I was offered Medicare Standard ((Plan G Plus Secure)..

Index annuity

A respected source in annuities reported that you advised against ever buying a fixed index annuity. May I ask why?..

Are Advantage plans a problem at a CCRC?

I have read your articles on the problems Advantage plans are having. A CCRC we are considering states in it’s..

Fidelity Retirement Account

I am 65 and retired. I have my retirement account with Fidelity and is split into a traditional IRA and..

Annuities

We purchased annuities a number of years ago. I’ve always been reassured our adult children will inherit on our passing,..

Medical diagnosis changes retirement plans

We are a 64 year old couple. About 2 million in 401k, cash and money market. House is paid off...

Medicare

I recently signed up for Medicare and supplemental insurance. I also applied for SS. I’m 65, married and decided to..

Medicare and/or VA Healthcare?

I have VA Healthcare with some co-pays. Is it better to have the VA or Medicare part B or some..

Medicare — but company insurance at age 75

Hi Terry, My wife and I are 75 and have kept our employer’s insurance since we retired. We were told..

Whole life insurance at age 80

Terry, at 80 my mother bought a 10,000 thousand dollar whole life policy from Mutual of Omaha my sister mother..

FSA vs HCA deduction order

Hi Terry – I love your page and when you are on WGN. Here is my question: For years my..

money

ASK TERRY

a personal
finance question