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Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

A Brief History Of Medicare

Americans began receiving Medicare benefits after 1965, when President Lyndon Johnson signed the legislation into law. But the cause actually started with Teddy Roosevelt, who ran for president in 1912 on a platform that included national health insurance. The following is a brief sketch of Medicare events after President Roosevelt. November 19, 1945: President Harry Truman asked Congress to create a national health insurance fund,...

What Happens if I Withdraw My 401(k) Early?

A 401(k) is a company-sponsored retirement plan that gives employees a tax break on the portion of their salary they contribute to the plan. Contributions are automatically withdrawn and invested in funds of the employee’s choosing, and employers have the option to match contributions. 401(k) plans are designed for retirement savings. Early withdrawal of funds carries heavy penalties under normal circumstances.  How Soon Can You...

Keeping Up With Medicare Changes

Keeping up with Medicare changes can be a challenge. The entire subject is complicated to begin with, and with the rules change from time to time, it can add more confusion into the mix. One way to stay abreast of Medicare changes is to look online. A Google search can pull up a variety of information from reliable sources. Our experienced agent is also happy...

Can I Invest The Money In My HSA/FSA?

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are both offered by employers and designed to ease the financial burden of healthcare. But there are major differences between these two types of plans. One notable difference is that HSA funds can be invested, while FSA funds cannot. How Is an HSA Different From an FSA? With both an HSA and an FSA you can...

Qualifying For Medicare Before Age 65

When you turn 65, you automatically become eligible for Medicare if you qualify for Social Security benefits or are a citizen or permanent resident living in the U.S. Certain people under the age of 65 may also be eligible for Medicare due to disability. What Qualifies a Person Under Age 65 for Medicare? Medicare is available for certain people with disabilities who are under the...