Travel Medical Insurance

...Should You Purchase It Before You Head Overseas?

It’s that time of year. Many families are heading off around the country and the globe for vacation. Perhaps you are off to a new or exotic destination or are in the midst of planning a fall or winter getaway? If you have a trip on the horizon — particularly an international trip — you should consider whether or not to purchase travel medical insurance prior to your departure. Many travelers assume their regular health insur­ance will cover them should they need medical care outside the U.S. However, most times this is not the case. Moreover, in those relatively rare instanc­es when traditional health insurance offers coverage to a policyholder outside the U.S., the coverage is often extremely lim­ited in its scope and may not cover big ticket items like medi­cal evacuation costs.

College Tuition Anxiety

Get schooled on financial aid – whatever your income level

Did you know that during the 2013-2014 aca­demic year more than $238.3 billion in financial aid (grants, federal loans, federal work-study, and federal tax credits and deductions) was awarded to undergraduate and graduate students? Did you realize that the recipients of all this financial aid came from households spanning a wide range of household incomes? During that same academic year, the average amount of aid for a full-time college student was $14,180, including $8,080 in grants (money that does not have to be repaid) and $4,840 in federal loans.

 

 

Aging Parents: It’s Time to Talk

Does the thought of asking your aging parents about the way they handle their household finances — or how they would feel about moving to a retirement community or assisted living facility — fill you with anxiety? You are not alone.

Investing vs. Paying Off Debt

What Should You Do?

We frequently get questions from clients asking us whether or not they should use any extra money they may have to reduce debt, or, whether they should invest this money instead. This question is particularly common from our younger clients who frequently face student loan debt, brand new mortgages, and the costs of starting a family. This is a difficult question and not one that many people see eye-to eye on.

 

Market Timing – Don’t Be Tempted!

After a multi-year period of relatively low volatility, U.S. equity markets recently experienced a spate of heightened volatility. In part, this volatility was brought on by worrisome economic data from China suggesting even slower economic growth may be coming and by growing concerns over the Federal Reserve’s monetary policy and when interest rates will begin to rise. As you would expect, higher equity market volatility often causes angst and concern amongst investors. Sometimes, individual investors are tempted to “sell everything” and exit equity markets until the volatility subsides and it appears “safe” to return to equities.

 

Staffing Changes at BLBB

 

As we continue to grow and in an effort to better serve our clients, we are thrilled to announce that Karen Rothenberger joined BLB&B in September as a Portfolio Administrator and that Brian Gallagher has transitioned from his position as a Portfolio Administrator into his new role at the firm as a Portfolio Analyst. Karen brings over thirty years of investment industry experience to our firm.

 

BLBB 2015 Legal Disclosures

 

Set forth below are the 2015 required legal disclosures for BLB&B Advisors, LLC. If you have any questions or concerns about these disclosures, please do not hesitate to contact your portfolio manager.