If you have life insurance and are concerned that it won’t pay out in case you pass from COVID-19, you can rest assured your loved ones will receive a payout. If you have not yet purchased coverage, it’s not too late. The good news: Life insurance is still very much available and, according to trade publication reports, there was a …
What to Do If You’re Worried About Stock Market Volatility
A volatile stock market is fine for the 20- and 30-somethings. It’s a different matter for people approaching retirement. Your retirement nest-egg should be a source of security and comfort to you. It shouldn’t be something that makes your blood pressure spike. If recent volatility is worrying to you, it may be time to take some action. The current coronavirus-driven …
Medicare Advantage, Part D Plans Get COVID-19 Leeway
The Centers for Medicare and Medicaid Services, CMS, has issued new guidance regarding how Medicare Advantage and Part D plans can respond to enrollees affected by the coronavirus outbreak. Under the guidance, the plans are authorized, but not required to waive out-of-pocket costs for testing, treatment and other services related to the coronavirus. The rules come on the heels of …
Six Coronavirus Tips for Retirees
As you already know, people over 60 are at higher risk for having complications if they contract COVID-19. And you surely know about the advice or orders to stay at home and self-isolate at this time to avoid risking infection. Even your grown children and grandchildren should not be popping over for visits. If you are self-isolating, there are a …