While the debate over the fiscal cliff swirls in Washington, D.C., many Americans may be unaware of a tax that is scheduled to go into effect January 1 as part of the health-care law. Known as the unearned income Medicare contribution tax, the tax imposes a 3.8 percent levy on interest, dividends, capital gains and passive business income received by taxpayers exceeding $200,000 (or $250,000 for couples). However, the proceeds will be paid into the general treasury and has no financial link to Medicare, says Alan D. Viard of the American Enterprise Institute.
One guiding principle is that annuities, life insurance, disability insurance and long-term care insurance can all help.
Vesta Healthcare systems help family caregivers and professional caregivers manage care.
New AALTCI pricing figures suggest that prices for women may be about the same.
Sponsored by Cetera Financial Group
Do you know the difference between client experience and customer service? The answer is crucial.
Sponsored by T. Rowe Price Investment Services, Inc.
The “reflation trade” appears real, but risks are still elevated.
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