FCT Financial and Insurance Services

We can review your current Medicare insurance plan with you and show you gaps in coverage that could be a pitfall down the road. Why leave yourself exposed to the vagaries of fortune when you can receive the protection you need.

The 529 college savings fund does have tax benefits as well. Any contributions and earnings that are accumulated in the account can be withdrawn tax free as long as the money is used toward higher education. State taxes vary by state.

A key number on your health insurance policy is the out-of-pocket limit. This is the maximum amount that you will pay for covered services in a single year. Depending on the plan, it might or might not include the deductible, coinsurance, or copays.

We realize how scary it can be the first time you learn how much money you’ll need to set aside to pay for the retirement lifestyle you want. If you need help breaking it down into chunks that your budget can handle, we’re always here for you.