Medicare – Video Tips and social media posts

Medicare Annual Enrollment Period – Whiteboard Video:

What is the Medicare Open Enrollment Period… and what coverage changes can you make? If by Open Enrollment you mean the Medicare Annual Enrollment Period, from October 15th through December 7th each year, you can make changes to your current Medicare Advantage Program or Part D drug plan.   

However, if you’re already enrolled in a Medicare Advantage Plan, your Open Enrollment window is from January 1 to March 31. During this period, you can switch Medicare Advantage Plans, leave your plan to return to Original Medicare with or without drug coverage, or just change your Medicare Advantage Drug Plan.  

Finally, there is the Medicare Supplement or Medigap Open Enrollment Period that occurs once in a lifetime, unless you are collecting Social Security Disability Benefits. It begins on your Medicare Part B effective date, usually the first day of the month after you turn 65, and you don’t have to answer any health questions to qualify. Choosing a Medicare Supplement Plan during the Medigap Open Enrollment Period offers you the best chance to find a plan in your area that offers the coverage you need at the lowest cost. After six months, your window of opportunity closes, and you’ll have to answer health questions if you want to apply.   

Navigating all these different Open Enrollment Periods can be confusing. There are also special circumstances that can affect the SEP timelines – and your eligibility – that your advisor can make you aware of.  

Let us help you with your important Medicare decisions. Call to speak to a licensed insurance agent. 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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Reverse Mortage Marketing Content

Who Qualifies for a Reverse Mortgage – Video tip:

If you’re considering a reverse mortgage to help fund your retirement, you may be wondering, “How do I qualify?” To be eligible for a typical reverse mortgage, you must be at least 62 years of age, but for a “Jumbo” reverse mortgage – typically used for high end, premium properties – the age limit can be as low as 55. The younger you are, the less equity you’ll be able to borrow. 

In both cases, depending on age, the borrower must generally have 50% or more equity in the home, and it must serve as their primary residence. Additionally, they must keep up with the loan obligations of keeping the home well maintained, and paying property taxes and homeowners’ insurance. 

To assure borrowers fully understand this type of loan, they are required to attend a HUD-mandated counseling session with a certified counselor of their choosing who will answer any concerns or questions the borrower may have. In addition, a financial assessment is conducted to ensure the borrower can meet the loan obligations and has not incurred either a foreclosure or a bankruptcy within a certain period prior to the loan. Also, in order to qualify, they must not be found to be delinquent on any federal debt. To find out more about reverse mortgage qualifications, call us today. 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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To find out more about how to use videos like this to attract your ideal client through digital marketing on the internet, click here.

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Fixed Indexed Annuities – Marketing Video Content

Educational Whiteboard Videos from YouTube for Financial Advisors:

These days it’s tough to decide to stay invested in the stock market, while you hope for gains… but fear a market loss. A Fixed Indexed Annuity can offer you protection against stock market losses, while offering you the potential to profit from the market’s gains. Indexed annuities offer a minimum guaranteed interest rate, combined with an interest rate tied to a stock market index, such as the S&P 500 or the Dow Jones Industrial Average. So, instead of counting on the performance of a single stock, you can select a single index for your funds or spread your dollars across several indexes. Depending on the annuity, some crediting strategies allow for greater upside potential, while others lock in a gain up to a certain percentage. Most importantly, while you’re free to participate in market gains, you will never lose a dime due to market loss. Fixed Indexed Annuities are a great way to diversify your portfolio, mitigate risk, and stay positioned for the next market gain. To find out more about Fixed Indexed Annuities, call us today. 

 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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Video Marketing for Retirement Planning

Which Retirement Plan Should I Choose?

 

Transcript of Video:

Choosing a retirement plan is a great step toward financial security. There are several types available, but here are the most common: 

401(k)s and 403(b)s are plans offered by employers. 401(k)s are offered by for-profit companies, and 403(b)s are offered by public schools and some non-profit organizations. Contributions are deducted from your paycheck and are often matched by employers. They’re deducted pre-tax, grow tax-deferred and are taxable on withdrawal.  

Traditional IRAs, or Individual Retirement Accounts, are opened by individuals through an investment firm or bank. They may be tax deductible, grow tax-deferred and you pay tax when you take the money out.  

A SIMPLE IRA plan is similar to a traditional IRA, but these accounts are set up by a small business owner, and usually permit larger contribution amounts. 

And lastly, when you open a Roth IRA, you contribute after-tax dollars, the money grows tax-free, and you pay no tax on withdrawals. All these types of accounts have their own set of rules on eligibility, contribution amounts and withdrawals. 

For more information on retirement plans – give us a call today or visit our website! 

 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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Wealth Management – Marketing Videos

Video Content for Social Media

 

Dollar cost averaging is a stock market investing technique where you buy a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. More shares are purchased when prices are low and fewer shares are bought when prices are high. This can help reduce the impact of volatility or price swings on purchases of financial assets. For instance, say you plan to invest $500 over a five-month period. So that would be $100 per month.  

Let’s say your stock’s price varies month to month as follows: $5, $8, $5, $3, $5. You would have bought this many shares each month: 20, 12.5, 20, 33.33, 20. Mathematically, the average share price would have been $5.20. With dollar cost averaging, the average per share cost would be $4.72. So, you save $0.48 per share despite taking advantage of market variations.  

This method does not account for the value of time or for long protected trends. Always seek a professional to develop an investment plan that fits you and your circumstances. Periodic investment plans, such as dollar cost averaging, do not assure a profit or protect against a loss in declining markets.  

This strategy involves continuous investment so the investors should consider his or her ability to continue purchases through periods of low price levels. We can help so give us a call today.  

 

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Medicare – Social Media Content – Video tips

Video tips on Medicare for Social Media Posts

Video Transcript:
To get the most out of your Medicare coverage, it’s important to understand what the different parts of the Medicare program provide and what the cost is to you. The Medicare program consists of four parts: Part A – Hospital Insurance, Part B – Medical Insurance, Part C-Medicare Advantage, and Part D – Prescription Drug Coverage.
 

Let’s talk about Medicare Part D – Prescription Drug Coverage. Medicare Part D helps you cover the rising cost of prescription drugs after age 65. Premiums may vary depending on what plan you choose and may change each year. You may also have to pay an extra amount each month based on your income, if your adjusted individual gross income from the two years prior exceeds preset earnings limits for filing single or if married filing jointly. Social Security will tell you if you must pay this extra amount to Medicare – not to your plan – and the amount will be adjusted each year based on your most recent IRS return. 

You might pay a penalty if you don’t join a drug plan when you first join Medicare and go 63 days without coverage similar in value to Part D coverage. Most plans do charge a deductible, and the amount that you pay out-of-pocket before the plan begins to pay, as well as the payment amount, will vary. Your actual costs will also depend on the drugs you take, what drugs the plan covers and the pharmacy. 

As you can see, there’s a lot to know about Medicare, so why not get some help with your Medicare plan? Let us help you with your important Medicare decisions. Call to speak to a licensed insurance agent. 

 

Whiteboard Videos for Medicare and Insurance.

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Video Marketing for Reverse Mortgages

Whiteboard Video tip – Watch from YouTube:

Video Transcript:

Are you a senior homeowner living in a home that no longer meets your needs? There is a reverse mortgage strategy that can increase your purchasing power by 35 to 45% so you can purchase a home that better fits your lifestyle.  

Here’s how it works. Take out a HECM for Purchase reverse mortgage. You then overfund the required down payment for your new home and create a line of credit that can grow by compound interest each year … tax free. That line of credit can then be turned into cash flow, also tax free, and the money can be used any way you wish.   

Using your present home’s equity, you can now more easily afford a move to a neighborhood closer to family and with the amenities to age in place more comfortably. You are required to reside in the new home as your primary residence, maintain it and stay current on your taxes, homeowners’ insurance, or association fees. Importantly, because the term of the loan is 150 years for the youngest borrower, you can enjoy home security for years to come.  

For more about how a reverse mortgage can help you afford a new home, call us today.  

 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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To find out more about how to use videos like this to attract your ideal client through digital marketing on the internet, click here.

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Life Insurance Video Marketing Content

Educational Video to share on Social Media:

Video Transcript:

Have you thought about how your passing will affect your family’s financial life? During this time of grief, you want to make sure that loved ones won’t have to worry about paying for your final expenses. Funeral expenses alone can exceed $10,000 in most states and final medical expenses can add thousands more. Final expense or so called “end-of-life” insurance policies can provide you and your family with peace of mind. These “end-of-life” policies cover your final funeral, legal and medical expenses, and they are a type of whole life policy. They offer affordable premiums, fixed interest rates, and can never be terminated due to age. You will have to answer a few – or in some cases no – health questions to qualify and most offer a free “Accelerated Death Benefit Rider” that allows you to access up to 50% of the death benefit while alive. To find out more about final expense insurance, call us today. 

 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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TVS 126 – Final Expenses

Marketing Content for Life Insurance Providers

Educational, Whiteboard Videos:

Video Transcript:

Most people start to think about life insurance after they’ve married and had children. That’s because the main goal of buying life insurance is usually to replace income if the buyer’s earning power is taken away by death. The industry standard on how much life insurance you need is five to ten times your annual salary. But it really depends on several factors such as your age, the ages of your spouse and dependents, your income, and your debts. Premium rates go up as you age, so it’s more cost effective to buy life insurance when you’re young, and also allows you to purchase more coverage.  

You can use the ages of your dependents and spouse to judge the amount of income replacement they’ll need if you die. This will vary per individual as some dependents may need support temporarily, but others could have special needs that require support for life. 

If you’re just starting out, there will be many years of income to replace versus someone who’s near retirement or has no debts. A 50 percent income replacement is a starting point suggested by some experts. Your mortgage, car loans and any other debts should be included in your insurance planning. Also factor in future education for your children. 

Life insurance is an important investment that can help substitute your income and maintain your family’s current standard of living upon your death. If you’d like to learn more about the right life insurance policy for your family’s needs, give us a call or stop by our website today.  

 

Whiteboard Videos for Life Insurance, Financial Advisors

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TVS 77

Medicare Advantage – Video tip for Marketing Online

Medicare Advantage tip from YouTube:

Medicare Advantage plans are an alternative to basic – or so-called Original – Medicare. Sometimes referred to as Medicare Part C or MA Plans, they are offered by Medicare-approved private companies. They must follow Medicare rules and provide Medicare Part A and B coverage. Most Medicare Advantage Plans also include Part D drug coverage. 

In many cases, you can obtain the lowest plan rates by using an in-network provider in your area. Some plans do have an out-of-network option, but it will sometimes be at higher cost. An attractive benefit of Medicare Advantage plans is that they set a limit on the amount you pay out-of-pocket for covered services annually, which helps protect you from unexpected expenses. 

When seeking treatment, you must present your Medicare Advantage card to receive Medicare covered treatment. 

The most common types of Medicare Advantage plans are Health Maintenance Organization or HMO Plans, Preferred Provider Organization or PPO Plans, Private-Fee-For-Service or PFFS Plans, Special Needs Plans or SNPs. Each type has its own set of benefits, costs and limitations, so be sure to research your choice carefully. But no matter what plan you choose, do not discard your red, white and blue Medicare card, because you’ll need it if you ever decide to switch back to Original Medicare. 

Whiteboard Videos for Reverse Mortgage, Financial Advisors, Loan Officers, and Medicare Insurance.

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To find out more about how to use videos like this to attract your ideal client through digital marketing on the internet, click here.

 

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