FAQ Page



  • Generally, the month one turns 65 years old. Exceptions: certain ones eligible for disability, Medicaid and ones with certain diseases not yet age 65.
  • No. There will be no Part B or Part D penalties as long as you have employee health benefits and creditable prescription coverage.
  • I would recommend contacting Social Security four (4) months prior to retiring.
  • Yes. If you want Medicare Part B benefits. You must be enrolled in Part B to purchase either an Medicare Advantage Plan (Part C) or a Medigap Plan.
  • You must be eligible for Part A and/or enrolled in Part B.
  • No. You only may have one or the other effective at any one time.
  • No. Dental care insurance must be purchased separately.


  • Annuities work well for those who want a low risk savings vehicle. A place where the principle is protected from economic down turns. “Safety of savings” becomes more important than “potential gains”.
  • No. Annuities are designed to protect the principle from stock market corrections. Stocks, bonds and mutual funds cannot and will not guarantee earnings, principle or income. Owners of these vehicles assume 100% of the risk and 100% of the cost to manage the account. ONLY annuities can guarantee growth, principle and/or an income stream.
  • Yes. They are treated like a traditional IRA, 401k and 403b
  • No. In addition, the annuitant/owner may allot unequal percentages to the listed beneficiaries. The allocation is “private” (each beneficiary knows what they received ) but receives no information about how much other beneficiaries received. This distribution generally cannot be contested by others.
  • Yes. Generally, one may withdraw 10% of the account value without a surrender penalty. (Certificates of Deposit - CDs also have penalties) There are no penalties due to Required Minimum Distributions (RMDs), or death.


  • The death benefit helps to provide financial stability for the survivors of the premature death of a loved one or business partner.
  • Yes. Most life insurance policy applications ask health questions. The acceptance and cost of the policy is dependent on the health of the insured.