Craig Colley, Author at Coliday | Insurance | Health | Financial - Page 3 of 6
Craig Colley
Author Archives: Craig Colley

Spring Ahead Prevention

Spring Ahead with Medicare Preventive Services in Retirement

Spring is in the air with the sights, smells and sounds of renewed life, warmer and longer days and a sense of anticipation for what’s to come.  And let’s not forget spring cleaning! With this renewed outlook, why not include your health and practice preventive care. Your well-being is important and preventive care can help you from becoming sick or by detecting problems early on when treatments can be most effective in maintaining a good physical, mental and healthy lifestyle.

If you have Medicare, take advantage of the variety of preventive tests and screenings, most at no cost to you. Are you new to Medicare? “Welcome to Medicare” offers a preventive visit during your first 12 months of Part B coverage. This visit includes a review of your medical and social history related to your health and education and counseling about preventive services, including certain screenings, shots, and referrals for other care, if needed.

If you’ve had Part B for longer than 12 months, you can get a yearly wellness visit to develop or update a personalized prevention plan based on your current health and risk factors. In addition to these important wellness visits, Medicare covers screening tests for diabetes, colon cancer, breast cancer, osteoporosis, heart disease, and obesity management, just to name a few. Check out the complete list of Medicare-covered preventive services and watch an important preventive benefits video.

So, don’t forget to include preventive care into your spring outlook and maintain your good health and well-being for a lifetime of new seasons.

Finding a reputable and trusted partner to assist you with your financial & insurance needs is of vital importance.  I will work hard to find the best programs, coverage and rates that fits your budget and your needs. Contact me at 949-216-8459 or ccolley@coliday.com


Source Information: https://blog.medicare.gov/2018/03/01/preventive-care/  and materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice. The above information is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Coliday and Craig Colley are not affiliated, employed or endorsed by the SSA, Medicare.gov. or any other government agency.

New Medicare Cards for 2018

New Medicare ID Cards Coming April 2018!

Beginning in April 2018, a new Medicare ID card will be mailed to more than 55 million people who are currently enrolled in the Medicare system and to the additional 10,000 Baby Boomers who are eligible daily for Medicare. Whew!

Why are the new Medicare cards important?

The Medicare Access and CHIP Reauthorization Act (MACRA) of 2015​ requires removal of Social Security numbers from all Medicare cards and replacing it with a new Medicare Beneficiary Identifier (MBI) by April 2019.

With the proliferation of identity theft and fraud over the years, the new Medicare card will help to protect Americans private health care and financial information and federal health care benefits and service payments by using 11 characters in length of upper case letters from A- Z and numbers 0-9.

How long will this process take? How does this affect me?

The new Medicare card will work in phases using geographic location and will take a full year finalizing in April 2019. After December 31, 2019, those enrolled in Medicare must use the new Medicare card.

Obviously, this volume of work takes time and people will be receiving cards at different intervals so don’t worry that your neighbor’s card arrives first.

You can check out when your state will begin receiving the new Medicare card at www.cms.gov/medicare/new-medicare-card/nmc-mailing-strategy.pdf .

Also, be sure to update your mailing address if there have been changes by contacting the Social Security Administration at www.ssa.gov/myaccount/ or call toll free 1-800-772-1213 (TTY 1-800-325-0778).

Will my new card and new number protect me from fraud or identity theft?

Just as your Social Security number and card should be protected, your new Medicare number and card should be also. The best way to protect yourself is never give personal or private information to a stranger over the phone or at your front door. Be aware that Medicare and Social Security will NEVER contact you by phone. If you receive a call by someone claiming to be from Social Security or Medicare, HANG UP! Both agencies will send you a letter to let you know you need to contact them. 

Millions of dollars are lost due to scammers who obtain Medicare card and personal ID numbers and use it to fraudulently bill for services never ordered or used and your credit can also be damaged. Seniors are most vulnerable to scammers and they need to make sure that other friends and family members are aware, as well.

Your new Medicare card will be as unique as you.

Finding a reputable and trusted partner to assist you with your financial & insurance needs is of vital importance.  I will work hard to find the best programs, coverage and rates that fits your budget and your needs. Contact me at 949-216-8459 or ccolley@coliday.com


Information and materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice. The above information is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Coliday and Craig Colley are not affiliated, employed or endorsed by the SSA, Medicare.gov. or any other government agency.

Social Security Maximization

Social Security Guide
Your FREE Guides for answers regarding optimizing  your benefits


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Social Security Guide to
Retirement benefits

Social Security Sample
Maximization Report
SINGLE

Social Security Sample
Maximization Report
MARRIED

Social Security Guide ​
CHART

Social Security 2018
Fact Sheet

Social Security ​
How to File for
Restricted Application

Survivors Benefits - EN-05-10084

Withdrawal of Benefits form - ssa 521 (To be used within the 1st 12 months of taking Social Security to change benefit options)


New Generation Retirement Plan

The Ultimate 5 Step Retirement Planning Process
Your FREE  guide to a safe and secure retirement

It wasn’t so long ago that retirement meant a pension and a gold watch, but today’s world looks much different than it has for generations past. From increased market volatility and historically low interest rates to the loss of pensions and the rising cost of health care, the burden of retirement falls more heavily on the shoulders of individual Americans than it ever has before. But you don’t have to carry it alone.

5-STEP RETIREMENT PLANNING PROCESS

1. Selecting a Financial Services Professional

2. Fact and Feeling Finding

3. Planning

4. Solutions and Executing

5. Ongoing Relationship

New Generation Retirement Planning is a holistic approach to retirement planning. It consists of a five-step retirement planning process that incorporates three hallmarks of our company – stewardship, transparency and technology.

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Together, we will traverse five important steps in the New Generation Retirement Planning process, where you will explore key areas that are fundamental to successful retirement planning. You will be confident knowing that you have given careful consideration to risk exposure, income planning, legacy planning and tax strategies.

Let us craft a plan uniquely suited to help you thrive in this new generation of retirement.

5-STAR SERVICE

With a focus on a new generation of retirees, our company uses the New Generation Retirement Planning process, which is based on three hallmarks of successful retirement planning: stewardship, transparency and technology.

STEWARDSHIP 

Finding a trusted financial services professional is one of the most important elements of planning your retirement. Providing you with a stewardship level of service means we have the responsibility to present solutions that are suitable for your situation. Our commitment to you is that we will always keep our focus on your goals and objectives and will  act with transparency throughout our relationship.

TRANSPARENCY 

Our commitment to transparency ensures that each step of our work together is recorded and that every document and report are easily accessible to you. This allows us to track the evolution of your plan and make any necessary adjustments to it along the way. Our commitment to transparency is visible through a strong foundation of technology.

TECHNOLOGY

We think the challenges you face in retirement today are more complex than those faced by any other generation, but the right technology can make managing and organizing your retirement an easier process.

Our office utilizes Generational Vault, which is a proprietary online portal accessible through our website. It contains the necessary tools to help make decisions appropriate for you and your retirement. It also serves as the vehicle to document and record our commitment to act as a stewardship and act with transparency throughout our relationship.

Color of Money Risk Analysis

The Color of Money Risk Analysis assesses your financial picture and provides a roadmap to your overall risk preferences. The output will be a proprietary Color of Money score. This short, interactive analysis is the first step on the road to retirement.

Did my question make you wonder what colors have to do with money? The amount of money we earn, save and spend is driven by our personality and beliefs.

This can also drive the choices we make about what we do with that money. In short, the investments we choose determines the color of our money. It reflects our overall personality, lifestyle and values, as well as our spending and saving methodologies.

Red- These assets have a higher degree of risk. There is good growth opportunity, but preparing for volatility is important with these assets. Red does not mean the assets are dangerous. It simply means you should stop, look both directions and proceed with caution in making your investment decisions.

Yellow- These assets are safer but still call for cautious examination. There are unique growth opportunities and Yellow assets do not carry as much risk as Red assets. You may not have as much growth opportunity as Red money, but you do not need to come to a complete retirement stop before proceeding.

Green- Green money should be labeled on assets that have safety and guarantees. Your growth potential is less than Red and Yellow money, but you may move comfortably through retirement knowing your assets are safe and available to provide the income stream you are looking for in retirement.

Striking a healthy balance with the colors of your money can help you reach your pre and post retirement goals.

Each color of money has unique benefits and features.

Color of Money Risk Analysis

The Color of Money Risk Analysis assesses your financial picture and provides a roadmap to your overall risk preferences. The output will be a proprietary Color of Money score. This short, interactive analysis is the first step on the road to retirement.

Did my question make you wonder what colors have to do with money? The amount of money we earn, save and spend is driven by our personality and beliefs.

This can also drive the choices we make about what we do with that money. In short, the investments we choose determines the color of our money. It reflects our overall personality, lifestyle and values, as well as our spending and saving methodologies.

Red- These assets have a higher degree of risk. There is good growth opportunity, but preparing for volatility is important with these assets. Red does not mean the assets are dangerous. It simply means you should stop, look both directions and proceed with caution in making your investment decisions.

Yellow- These assets are safer but still call for cautious examination. There are unique growth opportunities and Yellow assets do not carry as much risk as Red assets. You may not have as much growth opportunity as Red money, but you do not need to come to a complete retirement stop before proceeding.

Green- Green money should be labeled on assets that have safety and guarantees. Your growth potential is less than Red and Yellow money, but you may move comfortably through retirement knowing your assets are safe and available to provide the income stream you are looking for in retirement.

Striking a healthy balance with the colors of your money can help you reach your pre and post retirement goals.

Each color of money has unique benefits and features.

In The News

2020  February Newsletter

2020  January Newsletter - UPDATE

in the news.....

PRESS RELEASE
Click a link below to read/download.

May 23, 2019

Predictable Royalties Solves Income Loss from Streaming Music

Laguna Niguel, CA, May 23, 2019 – Craig Colley, Financial Strategist and Musician launches “Predictable Royalties,” a scalable online financial system created for music professionals. The system is primarily designed to create a "royalty-like" secondary source of income and asset protection for those working in the music industry. The platform is 100% virtual and accessible on any device with an internet connection.
READ MORE...


Monthly Newsletter


Life Insurance Basics

Life insurance Guides/Videos

DOWNLOADS & VIDEOS
Click Image Below / Scroll down for Videos

Guide for "Who Needs Life Insurance"

Custom Policy Review Brochure

Custom Life Policy
Review Sample

Data Sheet
SUMMARY OF IN-FORCE INSURANCE POLICY

Data Intake Form
Confidential Financial Data Intake Form

From The Heart
for the Importance of Leaving a Legacy

Life Insurance - One Day at a Time

What You Need To Know About Life Insurance

What will you be remembered for?


Rainy Day Program
Don't get caught out in the rain unprepared

Retirement Toolbox Recommended Reading, Guides & Charts

Downloads & Videos

Dalbar's 23rd Annual Quantitative Analysis of Investor Behavior (QAIB)

​Impact of inflation

​Math of Rebounds

Sequence of Returns

​IRA & Legacy Planning Brochure

Understanding Trusts

ABC'S of Retirement Planning

Legacy Planning

Generational Vault

THE GENERATION VAULT: PRESERVING THE PAST AND SECURING A FUTURE

This secure online portal allows you to upload important documents and view your financial information. Every time you log into Generational Vault, you have immediate access to detailed financial information.

You can view a snapshot of your financial picture, a simple-to-understand summary of all your financial accounts, detailed records of your assets, important financial reports and dynamic charts.This secure online portal allows you to upload important documents and view your financial information. Every time you log into Generational Vault, you have immediate access to detailed financial information. You can view a snapshot of your financial picture, a simple-to-understand summary of all your financial accounts, detailed records of your assets, important financial reports and dynamic charts.