50+ Lifestyles

Posts Tagged Schillig

• IRA Contribution Amounts

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor The maximum amount you can contribute to a traditional IRA or Roth IRA in 2012 remains at $5,000 (or 100 percent of your earned income, if less), unchanged from 2011. The maximum catch-up contribution for those...

• Taxes, Taxes, Taxes

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor This is the season! We are in that annual ritual of sorting through all those papers in preparation for income taxes. We all do it. We all are required to do it. Over the last several 50+ Lifestyles’ articles...

• Exclude Income from Taxes

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Income tax season is upon us again!! As we deal with 2011 income taxes and compile all that stuff needed to complete tax returns, we are also being inundated with lots of media coverage on the potential of vari...

• Resolve for Safety and Flexibility in 2012

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor As we turn the calendar to another year, I am sure you are aware that 2011 ended up not a strong stock and mutual fund year. For a long time now, I’ve encouraged retirees and soon to be retired folks (within ...

• What’s a Medicare Advantage Plan?

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Medicare Advantage Plans provide an alternative way for people to receive Medicare benefits. This year’s annual enrollment period ends Dec. 7. Medicare beneficiaries wanting to make changes to their Medicare ...

• The Value of Safety

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor The roller coaster ride for those aboard the stock and mutual fund markets continues. You hear me say continually, “None of my clients have lost money.” I continue with that statement. We only provide fix...

• Time for a Change?

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor A big change and welcome relief for the Medicare Annual Enrollment period this year is moving the date to begin Oct. 15 and ending Dec. 7. What a welcome relief! The Annual Enrollment period allows Medicare Ben...

• GET THE FACTS! About Fixed Annuities

  By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Why do people buy fixed annuities? What makes fixed and fixed indexed annuities so popular? They offer a unique and attractive blend of safety, growth potential, tax advantages, lifetime income, liquidity and e...