Prism Advisory Group

You may already know that your payroll taxes help fund Medicare, which you’re generally eligible for at age 65. See the article to learn what your Medicare costs could look like in retirement!

Here's what your Medicare costs could look like in retirement Medicare generally only covers about two-thirds of the cost of health-care services for the program's 62.5 million or so beneficiaries, the majority of whom are age 65 or older.

Tax rules now let you borrow from family at ultra low interest rates. An overwhelming 71% of retirees said they would offer financial support to adult children due to Covid-19. Check out the article to see more!

Need A Loan? Tax Rules Now Let You Borrow From Family At Ultra Low Interest Rates No PPP loan? Historically-low IRS interest rates this August make intra-family loans a great tool for families to tide over a small business or finance a new home and help each other get through the Covid-19 pandemic.

It’s always been a little tougher for self-employed borrowers to get home loans. Now mortgage lenders are hiking income verification standards for self-employed borrowers. Read the article to learn more!

Self-Employed Borrowers Now Face More Mortgage Scrutiny The economic fallout from the coronavirus pandemic has left lenders looking for more ways to mitigate their risks. For self-employed workers, that means providing more documentation proving their income.