Insurance

How can I purchase a life insurance plan that decreases every year to match these numbers?
If you are interested in protecting your survivor’s living standard (keeping that living standard at the same per-adult equivalent he or she had when you we...
Thu, 18 Jun, 2020 at 10:33 AM
How did you come up with the life insurance coverage amount?
The life insurance amounts are calculated for each year—this is why the amounts change each year. These amounts are not estimates based on a rule of thumb, ...
Wed, 22 Jul, 2020 at 2:10 PM
What if I don't see any life insurance recommendations?
The program automatically calculates annual term life insurance needs and premiums for you. If you see no insurance recommendation in a given year, it means...
Thu, 18 Jun, 2020 at 10:34 AM
How are Medicare Part B premiums calculated?
The full details and annual updated information on how Medicare Part B premiums are calculated can be found on this page at Medicare.gov. The income bracket...
Fri, 12 Apr, 2024 at 12:46 PM
How do I enter Long Term Care (LTC) policy premium?
Currently MaxiFi does not provide specific support for Long Term Care policies, but you can enter the premium as a series of annual special expenses. The co...
Fri, 16 Dec, 2022 at 7:59 AM
How to Adjust or Disable Life Insurance
MaxiFi adjusts its life insurance recommendations to make sure that your survivor has enough funds at each of your possible ages of death to cover bequests ...
Wed, 24 Jun, 2020 at 1:53 PM
How Special Expenses can change insurance needs
Life insurance recommendations are calculated to provide the survivor with the per-adult equivalent living standard compared to the household discretionary ...
Wed, 16 Dec, 2020 at 2:09 PM
Modeling Term Life Insurance in Survivor Reports
Contingency planning does not currently allow you to create a single year receipt upon the death of a spouse such as would be the case for a term life payme...
Wed, 27 Jan, 2021 at 7:34 AM