Borde & Associates, P.A.

11/02/2026

What happens to an inherited IRA after a loved one dies? The answer can depend on the beneficiary type: spouse, eligible designated beneficiary, individual, trust, or estate: the owner’s required beginning date, and the account type.

A Palm Bay family may assume an inherited IRA can remain untouched. But distribution rules may require withdrawals on a specific schedule, and recent legislation and IRS guidance can affect annual distributions. Missing a deadline may lead to tax consequences or penalties.

Helpful first steps:
• Locate beneficiary designations and statements.
• Confirm date of death and distribution status.
• Ask the custodian about options and deadlines.
• Coordinate with a qualified tax professional.
• Keep records of communications, distributions, and tax forms.

Rules are fact-specific. Confirm current requirements with the IRS, custodian, and tax professional.

Contact Borde & Associates PA at 321-36-BORDE or www.baapa.us to discuss organizational questions when coordinating insurance, retirement, and legacy records.

Educational purposes only; not legal, tax, insurance, claims, medical, or investment advice. Borde & Associates PA does not provide tax or legal advice. Rules, deadlines, taxes, penalties, eligibility, and outcomes vary. Consult qualified professionals and official IRS resources. Securities and advisory services, if offered, are subject to applicable SEC and FINRA requirements; no guarantee of results is made.



Created by AI

11/01/2026

A Melbourne, Florida household bought 20-year term life insurance when their children were small. Now the term is nearly over, and the renewal premium quoted is far higher than they expected.

Many term policies include a conversion privilege: the option to move all or part of the coverage to a permanent policy without new medical underwriting, subject to the policy's terms and deadlines. That option is generally time-limited, and the deadlines differ by policy and insurer.

Worth reviewing before the term ends:
• Is the policy convertible, and until what date or age?
• Can the whole policy be converted, or only part of it?
• Which permanent products are available for conversion?
• What premium and coverage amount would the new policy carry?
• Would a new contestability or suicide-limitation period apply?
• How do guarantees, cash value, and premium flexibility differ?

Conversion generally means a higher premium than term insurance. In exchange, it generally happens without new underwriting, which may matter if health has changed since the original policy was issued.

Converting is a decision, not a formality. Review the policy wording, ask for illustrations in writing, and compare before the window closes.

This is general education only; not legal, tax, claims, medical, or investment advice, and not a recommendation of any product or carrier. Terms, costs, benefits, eligibility, and availability vary.

Contact Borde & Associates PA: 321-36-BORDE / www.baapa.us



Created by AI.

10/31/2026

10/31/2026

Losing job-based health coverage in November? If you’re in Palm Bay, compare your options before choosing COBRA or a Marketplace plan.

COBRA may let you keep the same employer group plan after a qualifying event, such as job loss or reduced hours. Federal COBRA generally applies to employers with 20 or more employees; smaller employers may be subject to different Florida continuation rules. You generally have 60 days from the later of your coverage loss or COBRA election notice to elect. If elected, coverage is generally retroactive to the date your employer coverage ended. COBRA is temporary and may cost the full group premium plus an administrative fee.

Losing job-based coverage may also qualify you for a Marketplace Special Enrollment Period, often about 60 days from the loss. Premium tax-credit eligibility depends on household income and other factors. Marketplace premiums, networks, deductibles, and prescription coverage may differ from your employer plan.

Before deciding, confirm:
• When does your employer coverage end?
• What is the COBRA election deadline and total monthly cost?
• Which doctors and prescriptions are covered by each option?
• What Marketplace enrollment deadlines apply?

Ask your employer or plan administrator for COBRA notices. Check HealthCare.gov for Marketplace rules and deadlines. Borde & Associates PA is not affiliated with or endorsed by any government agency, the U.S. Department of Labor, or HealthCare.gov. This is not legal, tax, claims, medical, or investment advice, and is not a determination of eligibility. Terms, costs, benefits, eligibility, and availability vary by employer, plan, and individual circumstances.

Contact Borde & Associates PA: 321-36-BORDE / www.baapa.us



Created by AI.

10/30/2026

After a weekend injury in Indialantic, a resident visits a hospital emergency department and later receives a bill from an out-of-network provider. What protections may apply?

Under the No Surprises Act, many people with most employer and individual health plans generally have protection from balance billing for covered emergency services, with in-network cost-sharing. Protections may also apply to certain out-of-network services at in-network facilities and many air ambulance services. Rules and exceptions apply; ground ambulance bills and some plan types may be treated differently. Florida law may also matter.

If a bill seems unexpected:
• Compare it with your plan’s explanation of benefits.
• Request an itemized bill and confirm each provider’s network status.
• Ask your insurer in writing how protections apply and what dispute or appeal options and deadlines are available.
• Keep copies of bills, notices, and responses.

Educational information only, not legal, tax, claims, medical, insurance, or investment advice, and not a coverage determination. Borde & Associates PA does not provide legal advice or represent a government agency. Terms, costs, benefits, eligibility, and availability vary. Coverage and outcomes are not guaranteed and vary by plan, provider, state, and individual circumstances.

Contact Borde & Associates PA: 321-36-BORDE / www.baapa.us



Created by AI.

10/29/2026

Turning 65 in Port St. John? During Medicare’s Annual Election Period, many new beneficiaries ask: What is Medigap, and is this the time to enroll?

Medicare Supplement Insurance (Medigap) is private insurance that may help pay certain out-of-pocket costs under Original Medicare (Parts A and 😎. In most states, lettered plans are standardized: plans with the same letter generally offer the same core benefits, but premiums can differ by insurer.

Timing matters: Medicare’s Annual Election Period (October 15–December 7) is not the same as Medigap Open Enrollment. The one-time Medigap Open Enrollment Period generally begins when you’re 65 or older and enrolled in Part B. Outside that period, medical underwriting may apply.

Medigap generally doesn’t cover prescription drugs, routine dental, vision or hearing care, or long-term care. Ask: Which lettered plan fits my needs? What are the total costs? How does underwriting work if I apply later? How would it coordinate with other coverage?

This communication is not connected with or endorsed by the U.S. government or the federal Medicare program.

Educational content only; not legal, tax, claims, medical, investment, or individualized insurance advice, and not a plan recommendation. Coverage, eligibility, acceptance, and outcomes are not guaranteed; details vary by insurer, policy, state, and individual circumstances. terms, costs, benefits, eligibility, and availability vary.

Contact Borde & Associates PA: 321-36-BORDE / www.baapa.us



Created by AI.

10/28/2026

Let having an accountant be the one tool you can't run your business without.

10/28/2026

A Marketplace premium tax credit is based on household information and expected annual income, but the final amount is reconciled on your federal tax return.

Example: A Brevard County household estimates 2026 income, then receives a raise, changes jobs, marries, has a household-size change, or gains employer coverage. If not reported promptly, the advance credit may not match final eligibility. The household may receive an additional credit or owe some or all of the difference at tax time.

Helpful steps:
• Update income, household, and coverage information through HealthCare.gov when circumstances change.
• Keep Marketplace notices, applications, Form 1095-A, and tax records.
• Review Form 1095-A before completing Form 8962 with your tax professional.
• Monthly credits are not final until reconciliation is complete.
• Confirm current rules, deadlines, and eligibility through HealthCare.gov or the IRS.

Educational content only: not tax, legal, medical, insurance, claims, or financial advice. Eligibility, repayment rules, plan availability, and tax results vary by individual facts and applicable law. Borde & Associates PA does not provide tax or legal advice and is not affiliated with Medicare, HealthCare.gov, the Marketplace, the IRS, or any government agency.

For educational guidance, Contact Borde & Associates PA at 321-36-BORDE or www.baapa.us.



Created by AI

Located in Melbourne, BORDE & ASSOCIATES helps individuals, families, and businesses find the perfect health insurance. Contact us

10/28/2026

General liability generally addresses third-party bodily-injury/property-damage claims from premises/operations, not leader wrongdoing (mismanagement, rule violations, breach of duty).

D&O may address wrongful acts by directors/officers/managers/board members; policies may cover individuals/entity, with individual protection, indemnified-leader reimbursement, and entity coverage.

Usually claims-made: policy at claim and retroactive date matter, unlike occurrence coverage; lapse/carrier change may affect coverage. Declarations show limits and defense costs inside/outside.

Ask in writing whether coverage exists and small-business/nonprofit/association/HOA/community-board volunteers are insureds; review insured definition, retroactive date, exclusions, reporting, and records. Indemnification depends on law, documents, and finances. Homeowners policies generally aren’t designed for board/management claims.

General education only, not legal, tax, claims, investment, medical, Medicare enrollment, or insurance advice; coverage depends on specific policy language; consult appropriate licensed or credentialed professionals. Terms, costs, benefits, eligibility, and availability vary.

Contact Borde & Associates PA at 321-36-BORDE or www.baapa.us.


Created by AI.

10/27/2026

A Satellite Beach homeowner checking a storm forecast asked a question we hear often: “Does my homeowners policy cover flooding?”

Generally, no. Standard homeowners policies typically don’t cover flood damage from surface water, storm surge, or rising water. Flood coverage is usually separate through the NFIP or a private flood policy, subject to terms, limits, and deductibles.

Brevard County storm-season reminders:
• Flooding can happen outside high-risk zones on flood maps.
• NFIP policies often have a 30-day waiting period, waiting for a named storm may be too late. Private policies may differ.
• Building and contents coverage can have separate limits; basement and crawl-space coverage may be limited.
• A burst pipe and rising water can be treated differently. Ask how drainage, seepage, and sewer backup are handled.
• Private flood and excess options vary in coverage, waiting periods, and eligibility.

With hurricane season through November 30, review your policies now. Ask in writing about building and contents limits, waiting periods, and deductibles.

Educational content only, not legal, tax, claims, or investment advice. Terms, costs, benefits, eligibility, and availability vary; coverage, benefits, and outcomes are not guaranteed. Policy terms, limits, exclusions, and deductibles control.

Contact Borde & Associates PA: 321-36-BORDE / www.baapa.us



Created by AI