Insurance & Annuities Questions
annuity transfer
Can a partial 1035 be done from a nonqualified annuity account that is out of surrender charges and the $..
Survivorship Life Policy, payable on second death
My sister and I own a $500,000.00 life insurance policy that our parents purchased in 1989…of which my 88 year..
Health Insurance Choices
Hi Terry, I recently retired early at 55. My company offers a lump sum healthcare retiree program. I received $39000..
ACA health insurance penalty for 2019?
Hi Terry, My boyfriend is a seasonal worker and is not insured for 4 months out of the year. We..
Social security
Hi Terry, I am 67 years old and Medicare is my medical insurance. Medicaid is my secondary. How much money..
Insurance — COBRA or short-term?
I was laid off , 63, paying for Cobra almost 700.00 a month. i have tricare as a secondary carrier..
Health insurance
I am 62 1/2 losing my cobra coverage at the end of August. Saw you on WGN talking about bridge..
Dad is paying more into Life Insurance policy than it’s worth!
My father has a Whole Life Ins. policy since 1956. After my mom passed away, I took over paying his..
Long term care insurance
My husband (68) and I (60) took out long term care insurance about 10 yrs ago, total monthly $260.00 ,..
How to invest and shield life insurance death benefits for a minor?
My son is the beneficiary on his deceased father’s life insurance policy. The insurance company has not issued payout to..
HSA Contributions
I currently purchase individual health insurance with a high deductible (Bronze plan) on the exchange. In the past I have..
Spike in Premiums for Long Term Insurance Policies
Terry, my wife and I purchased long term care insurance policies from Northwestern Mutual in 2009, and our premiums have..
Variable Annuity conversion to Roth?
Hi Terry, I currently have a variable annuity. The sub-account's value is about $670,000. I have about five and a..
Annuities
Are fixed annuities good a product?
Long Term Care Insurance
What should I be careful of when looking for long term care insurance. I'm 70 years old.
Medicare supplement too expensive
My dad, age 92, has canceled his Medicare supplement because he says he can’t afford the $500 a month premium...
OVER INSURED?
I AM 72 YEARS OLD. I AM RETIRED. I HAVE JUST S.S. ($2K A MONTH) AND A VERY SMALL PENSION..
Long Term Care Insurance premium increase — Help!
My husband and I took out long term health care insurance with Genworth in 2006. My husband is 75 and..
Healthcare enrollment when son reaches age 26
My son will be 26 next July. He still lives at home, and has only been able to find part-time..
Umbrella insurance policy
Is it better to have a one million dollar umbrella insurance policy or 2 separate auto and home insurance policies..