Thomas M Morrissy, CFP - Financial Advisor

12/26/2022

I have never felt comfortable at funerals. Perhaps no one does—unless they work in the funeral home. For me, funerals were always difficult occasions to attend, even before I started drinking. I had avoided them at all costs because of those awful feelings of awkwardness, sorrow, and fear of sayin...

01/18/2017

Today’s technology is giving families the confidence to know their loved ones can age at home while keeping seniors engaged, connected, mentally active and physically safe.

As the population ages, friends and family members are determined to help older adults age in place. Missy Escribano, a Certified Aging in Place Specialist, has provided the following technology solutions for aging adults.

01/02/2017

If you’re new to Medicare, it can be a little complicated to navigate. Check out this list of Medicare facts and tips to make sure you’re getting the coverage you need.

Medicare pays for much of the cost of hospital stays and doctor's office visits for people age 65 and older. This government health insurance program has also more recently added preventive care and prescription drugs to its covered services.

01/02/2017

Medicare premiums will rise next year – but quite modestly for most people. Learn more about Medicare “Part B” premiums for 2017 here.

Next year's tiny Social Security cost-of-living increase means that about 70 percent of Medicare recipients will be protected from rising medical costs. For this group, the average premium will be about $109 a month.

11/29/2016

Retirement – like any major change – can have a significant impact on relationships. Make sure that you’re preparing to retire both emotionally and financially.

Maybe a retirement is like a bottle of wine: Not only does it improve with time, but it's best when consumed and shared with others.

11/15/2016

When choosing between pretax and Roth retirement plan contributions consider whether you think you will benefit more from a tax break today or in the future. Learn more here.

If your employer-sponsored retirement savings plan allows pretax, after-tax, and/or Roth contributions, which should you choose?

11/11/2016

Do you know the basics of Social Security and Medicare? If not, this video is a good primer on the workings and finances of the two government programs.

This information is prepared by an independent third party, Broadridge Investor Communication Solutions, Inc. and is provided for informational and educational purposes only.

11/10/2016

Thank you for viewing my Waddell & Reed page. Please let me know if you have any questions or if there is anything I can help with.

11/04/2016

The Social Security Administration’s acting commissioner recently suggested that the Social Security website was a better first stop for claimants and those seeking information than a local field office.

For accuracy’s sake, people should first go to the Social Security Administration’s website before they visit a field office, Social Security Administration Acting Commissioner Carolyn Colvin said Wednesday.