Early this year, I wrote a blog post on Social Security retirement benefits for non-U.S. citizens. This week I will talk about Medicare and some specific rules for non-U.S. citizens.
In my opinion, long-term disability insurance is probably one of the most important but overlooked insurance for young professionals. If you are in your 20s, 30s, or even 40s, what do you think is your biggest financial asset? Money in your bank? Your car? Your house? Many of you may not realize that the most valuable financial asset you currently have is probably the value of your future income. Long-term disability insurance is a great tool to help you protect it. Most of you are probably having some group coverage through your employers. So, the question really comes down to whether you should add additional individual coverage on top of the group one. This week I will share with you how to get a quick answer to this question in three simple steps.
Many companies offer group life insurance as an employee benefit. Some of you may even forget having such a benefit through your employer. However, is it a good deal for everyone? This week I will give you some general guidance on determining whether you should opt-in this benefit.
Life insurance can be a very useful tool in terms of transferring risk and estate planning. It may also be beneficial under some limited circumstances as an investment vehicle which I covered in two previous blog posts here. However, if you are not a U.S. citizen, you may wonder if you can still buy life insurance in the U.S.? Does your immigration status affect the pricing? When is the best time to buy it? If you have the same questions in your mind, you may get some general guidance from this post.