Medicare is the federal government program that provides health care coverage (health insurance) if you are 65+, under 65, and receiving Social Security Disability Insurance (SSDI) for a certain amount of time, or under 65 and with End-Stage Renal Disease (ESRD). The Centers for Medicare & Medicaid Services (CMS) is the federal agency that runs Medicare. The program is funded in part by Social Security and Medicare taxes you pay on your income, in part through premiums that people with Medicare pay, and in part by the federal budget.
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Tuesday, July 16, 2024
The Importance of Having an Emergency Fund: Your Financial Safety Net
Wednesday, August 14, 2024
In the ever-changing landscape of personal finance, one concept stands out as a cornerstone of financial stability: the emergency fund. Life is unpredictable, and unexpected expenses can arise at any moment. Whether it's a medical emergency, car repairs, or a sudden job loss, having an emergency fund can be the difference between financial ruin and maintaining peace of mind.
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Navigating the Three Stages of Wealth Management: How Logix Can Help
Tuesday, July 16, 2024
Financial success often hinges on understanding and navigating the three stages of wealth management: accumulation, preservation, and distribution. Each stage is critical and requires a tailored approach to ensure long-term financial stability and prosperity. Let's delve into how your credit union can be a pivotal ally in guiding you through these phases, addressing key themes such as emergency funds, retirement planning, and estate planning.
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