Insurance & Annuities Questions

annuity

how do I elect payout of annuity?

Annuities

Hi Terry. Thanks for your recent blog. I watched the podcast with Stan the Annuity Man. I’m going to reach..

Medicare Advantage vs traditional Medicare

I am a retired Illinois state employee with the IL Teacher Retirement System. I have been covered by United Health..

Medicare supplement

I’m 70 years old and I want to know which plan is better for me. Plan F or plan G

long term care

Heard you discuss long term care on radio but did not write down companies you suggested It is for a..

long term care

requested information this am for long term care reply came times 4:13 regarding long term care How do I know..

life insurance

my 95 year old mother will be bankrupt in a couple of years because of high insurance premiums. She purchased..

selling term life insurance policy

Is selling a term life insurance policy safe? I am 65, retired my wife 70, retired. My life insurance policy..

MEDICARE PLAN D

WHEN WILL THE MAXIMUM $2000 PAY OUT FOR PRESCRIPTIONS OCCUR AND I PAY $1131.60 ANNUALLY FOR MY PLAN D PREMIUMS..

Long term health care insurance

I need contact information about long term health insurance you talked about on the radio with John Williams.

Annunity Beneficiary

I have a $300k annunity. I want to leave to my niece and nephew. My husband just died. How can..

Long term care insurance

Hi Terry, I read an article in the Orlando Sentinel you wrote recently about Long Term Care insurance and how..

Medicare supplement F or G?

Which plan is better plan F or plan G? I am currently in plan F

IRS and Marketplace insurance question

When my COBRA ended, I took out insurance via the Marketplace in February 2022. I estimated that my earnings for..

Long Term Health Care Insurance became too expensive!

I wonder if you could provide some insight into our quandary here. My husband and I currently have LTHC insurance..

Life insurance policy — cash it in??

My husband is 81 years old. We have a savings account and an IRA not a Roth, with around $200,000...

Medicare supplement

Which plan supplement is better plan F or the silver sneakers plan

Extra tax on annuity

Dear Terry: I recall your article years ago about an extra tax on large annuities. But I cannot recall how..

Health insurance

My son just got his first career job after graduating college. His employer offers two health insurance options: HSA or..

Term life insurance–Cash surrender value–cost of insurance NEED ADVICE ASAP

I need some advice, please. My husband, currently age 74 and a cancer patient with other medical issues, has a..

money

ASK TERRY

a personal
finance question