| |
When to Buy Long-term Care Insurance |
You may be in perfect health today, but some day, there’s a good chance you’ll need long-term care insurance. Designed to cover extended stays in hospital-type facilities, long-term care policies typically provide a certain amount of coverage for each day you spend in a nursing home or long-term care facility.
 Long-term care insurance will help you protect your assets in case of a long-term illness or injury. You can buy a policy regardless of age—from 18 to 85—but the longer you wait, the higher your premium. Most people buy it around the time of retirement when the premiums are still relatively low. You can talk with your advisor about the best time for you to buy long-term care insurance. |
| |
|
Benefits of a Reverse Mortgage
|
Could your parents or grandparents benefit from a reverse mortgage? If their house is paid for and cash flow is a problem, a reverse mortgage can be an attractive solution.
 Instead of paying the lender, the lender pays you—either in a lump sum or monthly payments. Fortunately, reverse mortgage payments aren’t taxed, and they won’t reduce Social Security or Medicare benefits. The most popular reverse mortgage programs are sponsored by Fannie Mae and require the homeowner to be at least 62 years old. Ask your advisor if a reverse mortgage would make sense for you or one of your relatives. |
| |
|
 |
|
|
Wealth Enhancement Group has recently welcomed two new members to our service team. Tammy Prigge recently joined us as an Operations Assistant in the Wayzata Operations Department, and Aaron McCombs joined the IT Department as our Network Administrator.
Tammy formerly worked as customer service and server trainer for Sunsets in Wayzata after stints at Rancho DeLos Caballeros ranch and golf resort in Wickenburg, Arizona, and Ticket to Travel in Roseville. She also served as an assistant accountant for a certified public accountant in Maple Grove. Tammy is a graduate of the Minneapolis Business College, with a degree in Travel and Hospitality.
Aaron is a recent graduate of Dakota County Technical College with a degree in Computer Networking. He is currently working on his Cisco Certified Network Associate certification. Aaron brings a passion for customer service to the job—as well as a broad range of experience and expertise in computer technology. |
| |
|
| |
Wealth Enhancement Group
1905 East Wayzata Boulevard
Wayzata, MN 55391
|
800-492-1222
952-449-9579
952-449-4886 Fax |
| www.wealthenhancement.com |
| |
|
