Complimentary Services
Annual Medicare drug plan review & Medicare enrollment assistance
Our two State Health Insurance Assistance Program (SHIP) counselors can review your current Medicare coverage for potential savings, or help you enroll in Medicare around your 65th birthday.
Annual review of other investment accounts held away from P&A, including your employer retirement plan account (401k, 403b, etc.) and 529 college savings accounts
Ensure your 401(k), 403(b), SIMPLE IRA, SEP-IRA, HSA, and 529 accounts are properly allocated. We’ll offer our thoughts on the funds you own and propose any changes given your time horizon, comfort level with risk, and your overall goals.
Donor-advised fund (DAF) setup to stretch your charitable impact
This charitable checkbook offers several tax advantages that allow your charitable dollars to go further. These work especially well with a bunching strategy.
IRMAA premium challenges
We can help you appeal your Income-Related Monthly Adjustment Amount premium for Medicare Part B and D. Here’s more info about challenging your IRMAA premium.
Qualified Charitable Distribution (QCD) facilitation
If you’re over the age of 70.5, you can donate up to $100,000 per year from your IRA account to charities. This P&A Blog article discusses QCD transactions in more detail.
Insurance policy and annuity reviews by our licensed Insurance Consultant
If you have existing life insurance policies or annuities in force, our licensed Insurance Consultant can review your options and help you understand the total fees you’re paying. Here’s more about insurance and annuity reviews.
Required Minimum Distribution (RMD) tracking for traditional IRAs and Inherited IRAs
IRS rules around required distributions have changed in recent years. Let us keep on top of these for you so you avoid the steep penalties for not properly taking RMDs.
Meeting with the next generation
To help ensure an eventual smooth transition of family assets to the next generation, and more importantly, to help the next gen understand the values that led to these assets, we can customize educational sessions and conversations.
Social Security maximization & timing analysis
When to file for Social Security retirement benefits is a complex decision involving several factors, including life expectancy, income needs, and personal preference. We can help you understand your options and illuminate common misperceptions about receiving benefits.
Collaboration with your accountant & estate planning attorney
If you’d like us to work with your accountant on tax-related matters and/or your attorney for estate planning items, we are happy to do so. The synergies gained from these meetings are beneficial for all parties involved.
