J.J. McCorvey

speaker
619 appearances 13 recordings 1 series first heard May 2021 last heard Jul 2022

J.J. McCorvey’s voice in public audio — every appearance, attributed to the second.

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Some employers are also offering direct financial professional consultations, you know, which is, you know, depending on who you are and whether you've even had a consultation with the financial planner before could reap a lifetime of savings just in learnings alone. matched
And so these are some of the things that employees are thinking about right now and offering to their workers. matched
Yeah. matched
So I spoke with an employee benefits consultant and she said it could be a good idea for you to consider whether your spouse's open enrollment period coincides with yours. matched
If it doesn't, matched
You could sign up for your open enrollment period and then use your spouses or partners as an opportunity to cost compare and then choose which plan is best designed for your household. matched
As long as you cancel within the open enrollment period, then you should be good. matched
Yeah, so I talked about HSAs as a vehicle for saving for your retirement, right? matched
But there's also, you know, making sure you elect sufficient disability coverage. matched
I talked to Bud Boland, who's a financial planner and wealth advisor at this Atlanta-based firm. matched
And he talked about how long-term disability plans actually allow employees to pay the premium with after-tax dollars, but pay no tax on benefits that are paid out. matched
And obviously, that's a huge advantage because you don't have to put those benefits on your filings at the end of the year. matched
Thanks for having me. matched
Always happy to be here. matched
So the pandemic has actually upended this equation where you get a new car, whether buying or leasing, you know, you expect for it to depreciate and be worth much less at the end of your ownership of the vehicle. matched
And that's just often not the case anymore. matched
Thanks, JR. matched
Happy to be here. matched
So when you're buying a car, you typically have your standard down payment for the amount of the car, but then you get financing for the rest of the car. matched
So you basically take out a loan to help you pay for the value of the car and you pay that through monthly payments. matched
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