Open Enrollment & the Annual Election Period

Open Enrollment for individuals under Medicare Age (65) ends December 15th. In order to help you prepare for Open enrollment for 2019 we encourage you to ask yourself these questions:

How do I qualify for a marketplace subsidy or tax credit?
Why do I need Health Insurance?
Do I need to make a change for the 2019 plan year?
How do I enroll in a new health insurance plan?
How will Health Insurance affect my retirement?

If you are over 65 years old do you feel you need to make a change to your current Medicare coverage? The annual election period is an annual time for plan changes ends December 7th. We would like you to ask yourselves the following questions:

Is your Medicare plan still functioning optimally?
What happens if your prescription needs changed?
Are you prepared for hidden cost through the rest of your retirement?
In addition, do we need to sit down and make some modifications to optimize your plan’s functionality?

If you notice you have a change from last year, or you are unsure on the answers we encourage you to take time to set up an appointment or attend one of our educational events to check your financial health related to health care costs. As a trusted financial professional and a licensed insurance agent, for over 15 years we can give you advice about your Health Insurance options and help you choose a plan that fits your budget and lifestyle.

Request a consultation!


Introducing: New Value added for our clients!

Shane Hemphill
Consultant – Estate Planning


What Are the Final Estate Planning Questions You Should Ask?

Immediately following the death of a loved one, emotions generally run high, which can lead to confusion and chaos.[i] Delaying making estate planning arrangements may cause unnecessary hardship and grieving survivors to lose portions of their inheritance in probate. READ MORE


What is Medigap Insurance and How Do I Get It?

Medigap covers copayments, coinsurance, and deductibles. Some policies provide coverage of services that Medicare doesn’t cover. Medicare pays its portion of covered approved health-care services first before Medigap insurance pays its share. Read More on eight facts about how Medicare and Medigap work.


How Do Your Finances Change in Retirement?

Once you retire, you can begin making withdrawals from your retirement savings accounts. Certain accounts have a required minimum distribution (RMD) which is the minimum amount you must withdraw from those accounts each year. You generally have to start taking withdrawals from your IRA, SEP IRA, SIMPLE IRA, or retirement plan account when you reach age 70½. READ MORE


2019 Tax Planning Whitepaper

With passage in late 2017 of the Tax Cuts and Jobs Act, Americans will have new opportunities and challenges as they prepare to file their taxes.

Our 2019 Tax Planning whitepaper will help equip your clients for the upcoming tax season. This informative and comprehensive guide explores the nuances of the tax code and how your clients can take advantage of changes.

This guide will help your clients make end-of-year preparations, direct them through the complexities of filing taxes in early 2019, and provide easy tips for looking ahead to future tax preparations.

Download Guide


“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”

— Robert Kiyosaki


100% Depreciation Deduction Benefit for Business Taxpayers

If you’re a business owner, you can reap the benefits this year of changes in the tax code enacted in December 2017. You can write off most of your depreciable business assets in the year the assets were used.
Here is what you need to know about the new deductions:
• Business assets with 20-year recovery periods or less may be eligible.
• Machinery, equipment, computers, appliances, and furniture may qualify for the deduction.
• Only property that was acquired and put in use after September 27, 2017 qualifies.
• Eligible property must be included on a return filed on time. Certain exceptions may apply.
The IRS provides information on the types of property that qualifies for the deductions. For more information, go to https://www.gpo.gov/fdsys/pkg/FR-2018-08-08/pdf/2018-16716.pdf.
Other details and conditions may apply, and you can find more information on the IRS website.

This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

Tip adapted from IRS.gov


Have a Merry Christmas &  Happy New Year from our family to yours,
The McIntosh Team

If you have any questions about the content above, please do not hesitate to call 989-692-2200 or fill out a consultation request to have someone from our office call you!

By completing this form, you agree that an authorized representative or licensed insurance agent may contact you about Medicare or Individual health insurance plans