WealthPoint Advisors

🚨 Medicare Open Enrollment is here! 🚨 Key Dates: 🗓️ Start: October 15, 2024 🗓️ End: December 7, 2024 This annual window is your opportunity to: 🔍 Review Your Coverage: Ensure your current plan still meets your needs. 📊 Compare Plans: Explore new options that might offer better benefits or lower costs. 🔄 Make Changes for 2025: Adjust your plan to better suit your health and financial situation. 💡 Did You Know? 👉 Medicare Advantage Plans: These often include extra benefits like vision, dental, and wellness programs that Original Medicare doesn't cover. 👉 Prescription Drug Plans: Even if you don't take many medications now, enrolling in a Part D plan can protect you from high costs in the future. 👉 Medigap Policies: These supplemental plans can help cover out-of-pocket costs not covered by Original Medicare, such as copayments, coinsurance, and deductibles. 📞 Questions about Medicare and your financial plan? Let's chat. We're here to help you navigate your options and ensure your healthcare coverage aligns with your financial goals. #FinancialFriday #MedicareEnrollment #Retirement #HealthCoverage #SeniorCare

The earlier you start pursuing financial goals, the better your outcome may be. Let this piece help you get started.

🚨 Are You Doing These to Protect Your Identity? In today's digital age, identity theft is a major threat. Take a moment to check if you're taking these steps to help safeguard your personal and financial info: ✅ Freeze your credit: Prevent unauthorized access to your credit report by freezing your credit ✅ Don’t let your mail sit uncollected for too long. Don’t give thieves time to steal sensitive documents from your mailbox. ✅ Consider shredding documents with personal information. A household shredder can be used on documents with personally identifiable information. ✅ Opt out of prescreened credit offers: Manage the risk of fraud. ✅ Use unique passwords: Don’t use the same password for your accounts. ✅ Bypass the PIN at the gas pump. Use your zip code instead of your PIN, if possible. ✅ Safe disposal of digital devices. Properly disposing of old digital devices is a key–but often overlooked–part of identity theft. ✅ Consider identity theft protection services for added security. If you suspect identity theft, watch for signs like unexpected bills or loan denials. The next step to consider is placing fraud alerts or security freezes on your credit reports. Protecting your identity is crucial for financial health. Stay vigilant and implement these measures. If you have concerns, reach out. We're here to help provide you with information that can help improve your personal finances. 💼💡 #IdentityTheft #PersonalFinance #WealthPreservation #CyberSecurity

An ILIT could play a role in your estate strategy.

October is National Cyber Security Awareness Month! 🖥️🔒 In this increasingly digital world, protecting your online presence is CRITICAL! Are you doing all the following: 🔒 Using strong, unique passwords—and considering a password manager 🔒 Consider asking the credit bureaus to help monitor and/or freeze access to your credit 🔒 Enabling two-factor authentication where available 🔒 Staying alert for phishing attempts and scams 🔒 Keeping software up-to-date Can you check the box for each of these? Staying safe and taking precautions can help put you in a better position in the event of a cyber attack. #CyberSecurityAwareness #StaySafeOnline

Are your passwords easy to crack or difficult to decipher? Test your knowledge.

Women face unique challenges when planning for retirement, but it’s nothing you can’t handle. Read more now.

#NationalBreastCancerAwarenessMonth Some shocking statistics: 👉 Breast cancer is a reality for 1 in 8 women in the U.S., making it the most common cancer among women worldwide, according to a 2024 report by the American Cancer Society. 👉 A woman is diagnosed with breast cancer in the U.S. every two minutes. As you read this, someone is hearing their results and starting their cancer journey. 👉 Breast cancer is the second leading cause of death for women. But there’s hope on the horizon. The American Cancer Society reported in 2024 that over the last 44 years, we’ve seen a 58% decrease in breast cancer mortality rates due to early detection and treatment advances. These are not just numbers. They represent our mothers, sisters, daughters, and friends. As leaders in the financial sector, we are uniquely positioned to contribute. We can make a difference by: 🎀 Donating to organizations that fund critical research, support services, and awareness campaigns. 🎀 Participating in fundraising events like charity runs, walks, or rides that raise funds for breast cancer research and care. 🎀 Volunteering at local breast cancer clinics, organizations, or events. This month, don't just wear pink ribbons. Let's all do something! #MakeADifference #SupportTheFight

Worried about passing your wealth to a troubled adult child?There are strategies that can help.

Can you check the box next to each of the following financial strategies? ✅ Schedule regular financial check-ups. ✅ Create and monitor an approach for education expenses. ✅ Develop and update an estate strategy to prepare for the transfer of your assets. ✅ Evaluate your insurance coverage so that you might be better positioned for unexpected life events. Given that October is #FinancialPlanningMonth, and we all face challenges in preparing for our financial future, these are some important considerations to keep in mind. Creating a financial strategy isn't just for the wealthy—it's for everyone who wants to prepare for the future. Whether you're just starting out or nearing retirement, there's always room to improve your financial health. #FinancialPlanningMonth #FinancialLiteracy