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Baptist Health Cerity Partners

WEBOur goal is to help Baptist Health employees and their families find financial clarity. We believe in a holistic approach to financial planning – one that considers every aspect of your unique financial situation. The first step is to understand your Baptist Health benefits and how they should be incorporated into your personalized financial

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URL: https://ceritypartners.com/baptist-health/

Planning for Long-Term Care Needs Cerity Partners

WEBAssisted living facilities, full-time nursing homes and full-time in-home care are the costliest options. According to Genworth’s Cost of Care Survey, by 2040, the national average cost for an assisted living facility is projected to be $93,195 per year, with a private room in a nursing home facility expected to cost up to $191,177 per year.

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Car Insurance Is Too High and Healthcare Insurance Not High …

WEBCheck Up on Auto Insurance Prices. The latest inflation report contained good news with the annual rate in May at 4.0% against 4.9% for April. The “core” which excludes energy and food was at 5.3% as against 5.5% in April, with transportation services, which includes things like used cars, motor vehicle maintenance, and insurance all up 12% to …

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Harnessing the Power of Health Savings Accounts

WEBWhile HSAs offer a plethora of advantages, they come with certain rules. For instance, you need to be aware of the annual maximum contribution limits. For 2024, you can contribute up to $4,150 for self-coverage or $8,300 if you’re providing coverage for your family. Individuals aged 55 and older can contribute an additional $1,000.

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Choosing Between Traditional Medicare and the ExxonMobil …

WEBYou’re an ExxonMobil retiree and about to turn 65. You need to decide about health insurance. You can move seamlessly from the ExxonMobil Retiree Medical Plan option for pre-65 retirees to the ExxonMobil Medicare Primary Option (MPO), also known as a Medicare Advantage plan.

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Guide to Financial Planning for Non-U.S. Citizens Living in the …

WEBIndividuals who qualify for Social Security benefits may receive payments even if they no longer live in the United States and/or are no longer U.S. taxable. Tax Filing – The United States uses a calendar tax year. The U.S. tax filing and payment deadline is April 15 for federal and state tax returns.

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Andrejs Pilajevs Cerity Partners

WEBAndrejs is experienced in working with U.S. expats, non-resident aliens (NRA), and mixed nationality families with a global presence. Prior to joining Cerity Partners, Andrejs served as an International Financial Planner at Creative Planning. Earlier in his career, Andrejs was a Financial Advisor at VLP Financial Advisors where he obtained his

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Smartcard Report Cerity Partners

WEBWith our Plan Health Smartcard, you’ll receive a road map for achieving a score of 85 or higher, which we call “blue ribbon status.”. That is something your company can be proud of, and your employees will appreciate now and in retirement. *Your complimentary analysis is not contingent upon using any of Cerity Partners’ services.

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A Pitfall of the “Backdoor” Roth IRA Conversion Cerity Partners

WEBThis backdoor Roth conversion allows high-earners to get around the income limits that would otherwise prevent them from being eligible to contribute to a Roth IRA directly (Eligibility phases out at $138,000 to $153,000 of income for single taxpayers and $218,000 to $228,000 for married taxpayers). Roth IRAs have many benefits, but …

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Optimize Your Financial Health in 2024 Cerity Partners

WEBBy blending introspection with strategic planning, this process can improve your financial health in 2024, and beyond. So, seizing on the heightened focus that accompanies new starts, we encourage you to find a cozy chair, curl up with your favorite warm beverage, and review the elements of an effective year-end financial review.

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Five Key Trends in Defined Contribution Retirement Plans

WEBThe retirement plan landscape has changed dramatically over the last 10 years, and committed retirement plan fiduciaries are looking for insights on how their defined contribution plans could be impacted. Below are five key trends we believe plan sponsors should be aware of as we move further into 2021.

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Single Life vs. Joint and Survivor Pension Payout Options

WEBThe single life pension was $425,000 per year. If he chose the 100% joint and survivor pension (i.e., the payment would remain the same for Joan if John passed away first), the payment was reduced to $346,000 per year—a decrease of $79,000 (or 18.5%) per year. If he chose a 50% joint and survivor pension, the annual payment would be …

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Planning for Those Who Are at the End of Life’s Journey

WEB2 revocable trusts may avoid probate and related unnecessary costs. 3. Review life insurance information Evaluate life insurance policies for terminal illness clauses (which pay out upon the diagnosis of a terminal

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Yum! Brands Cerity Partners

WEBAs a Yum! Brands employee, you have access to Cerity Partner’s comprehensive financial planning services at a discounted rate. Our team of advisors and consultants act in a fiduciary role, making sure all financial decisions are in your best interest and align with your personal goals. Comprehensive Financial Planning with Cerity Partners

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Careers & Open Roles Cerity Partners

WEBAt Cerity Partners, we believe in the long view. We work with clients who appreciate our comprehensive and sustained approach to wealth management. We don’t just look for short-term gains, we seek long-term growth. We have the same approach to our people. We look for experienced and credentialed wealth management colleagues who can keep …

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Developing a Pension Maximization Strategy Cerity Partners

WEBThe first scenario shows the steps involved in the analysis. Scenario 1: 10% pension reduction. Step 1: Begin with the baseline assumption of a single life pension of $400,000 pre-tax and $220,000 after-tax. Step 2: Reduce the above pension by 10% for a 100% joint and survivor benefit. This results in a pension of $360,000 pre-tax and …

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Domicile vs. Tax Residency: What Is Domicile and How Do You …

WEBAs a CPA and financial advisor, clients often ask me for ways to reduce taxes. Since the enactment of the Tax Cuts and Jobs Act of 2017, which limited state and local tax deductions to $10,000, many clients, particularly residents of high-tax states such as New Jersey, New York and Connecticut, have raised the question specifically about …

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Harnessing the Power of Health Savings Accounts

WEB2 Think of your HSA as an additional investment account that can build and grow wealth over time. Unlike a flexible spending account, which requires you to use the funds within the year or lose them, an HSA doesn’t

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ESTATE PLANNING What Does Discretion Mean to a Trustee

WEB3 surviving second spouse enjoyed before the marriage, or the lifestyle enjoyed while they were married. If the couple enjoyed luxurious vacations and luxury cars while they were married, should the surviving second spouse be able to continue that

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