by | Jun 24, 2018 | tax preparation services
Business and Personal Tax Preparation in CT
For personal and business tax preparation services in Connecticut, get in touch with PBI Insurance. We can handle your state and federal tax preparation, estimate your taxes for the coming year, and more. For small businesses, every quarter is tax season, and you need a reputable company to prepare your taxes. PBI has 30 years of experience in tax preparation and tax planning in the greater New Haven and Hartford areas. We try to offer an easy experience for every client. We interview our clients in order to find all of their tax deductions and we also tend to review last year’s tax return in order to get a better understanding. We also have value added services such as:
• Free Electronic Filing for State/Federal Returns
• Free Direct-Deposit of State/Federal Refunds
• Employer-Sponsored Group Discount
• Refer-A-Friend Bonus Program
Call us now at our Hartford office at 860-233-1171 or our New Haven office at 203-230-0548 for more information or to schedule your appointment. One of our agents will be glad to discuss your options at a place of your choice. We are PBI: Let us help build your future.
by | Jun 10, 2018 | payroll services
Focus on Your Business
PBI Insurance offers services for all financial aspects of your business including payroll services. If your small business is growing, you have a hundred and one tasks to complete every week. Why not have the professionals at PBI Insurance handle your payroll so you can focus on growing your business? Outsourcing your payroll can offer your small business an attractive option to managing your payroll internally. Having PBI manage your payroll alleviates pressure and saves the time you spend preparing payroll for your employees, figuring out tax obligations, preparing checks and providing management reports. With tax regulations constantly changing we stay on top of the most up to date tax codes, tax tables and government forms. Hiring PBI will boost your productivity and keeping your business focused on your industry. PBI Insurance is a locally owned and operated company. We manage payroll for hundreds of local small businesses, many of which are in the Hartford CT area. Call PBI to compare the value of your payroll services today. Get to know your dedicated payroll specialist by calling PBI Insurance. Thank You for reading our blog! We look forward to working with you! Call 860-233-1171 today.
by | May 27, 2018 | long term care insurance
Long Term Care Planning and Insurance
Until you are faced with a debilitating health condition, you may never learn about long term care insurance. In fact, what you haven’t learned about long term insurance options may cause financial hardship in the future. Statistics tell us that more than 50% of people turning 65 today will need long-term care at some point. Yet, out of more than 313 million Americans, only 8 million have the protection of a long-term-care insurance policy. The Alzheimer’s Association estimated that end of life care in 2016 cost between $217,820 and $341,651. [source: https://www.alz.org/documents_custom/2017-facts-and-figures.pdf]
There are many ways in which we are expected to plan for our futures, and nobody expects to have their nest egg decimated for failure to plan for the worst. What you don’t know can lead to potential financial ruin for yourself or a loved one. We believe it is important to open a dialog about long-term care with your spouse and your family. Why does one need Long Term Care Insurance? We are PBI, and we are in the business of insuring your future. PBI Insurance is Connecticut company that provides individuals and businesses with insurance and financial planning resources.
Long-term care describes a person’s medical needs and non-medical personal care. Most Long term care in the U.S. occurs in the home, not in a nursing facility. Care can be provided from a number of different sources, from friends and family members to paid home assistance to nursing facilities. Suppose your parent has a debilitating condition, such as dementia, ALS, or a medical condition from which he is not expected to recover. Non-medical services include meal preparation and feeding, bathing, reminders to take prescribed medications on schedule, bathroom assistance, and other “custodial” care.
Opening up a dialog about your long-term care options with a trusted insurance agency is the first step. It is important to understand what your financial burden will be with the options before you, and how to qualify for and receive benefits with which to pay for needed services. A 2013 Public Opinion Strategies poll found that 65% or Americans surveyed have made no long-term care plans at all. According to the U.S. Department of Health and Human Services, 70% of those over 65 will need some sort of long-term care during their lifetimes. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses.
Medicare and Medicaid are federal programs that pay for portions of medical or non-medical care. Medicaid is the payor of last resort for those with no assets. There are strict financial eligibility requirements associated with Medicaid that vary from one state to another. Medicaid planning can be complex and challenging, and we strongly advise you consult a professional who can work through the eligibility requirements with you. Private long term care insurance is an option open to those who are able to afford it. There are many types of long term care insurance with a wide variety of benefits. Veterans Administration Benefits also provide a home care/assisted living benefit, usually available to veterans and their spouses. Again, you must meet certain criteria to qualify for VA benefits. When it comes to end of life care, what you don’t know can devastate you financially. At PBI Insurance, we will be happy to meet with you to talk about your options for long-term care. We have offices in West Hartford and Hamden for your convenience. Call today: 860-233-1171.
by | Apr 29, 2018 | long term care insurance
Who needs Long Term Care Insurance? Are you aware that neither health insurance nor Medicare pay for personal or custodial care? This includes the type of nursing services associated with recuperation or assistance in daily life. Assistance with eating, bathing, dressing, and toileting are during a recuperative period can cost about $400 per day. The average stay in a nursing facility in Connecticut is 2.5 years. How can you plan for this? We are PBI, and we are in the business of insuring your future. Many people have never heard of long term care insurance – and what you don’t know can lead to potential financial ruin for yourself or a loved one. We believe it is important to open a dialog about long-term care with your spouse and your family.
Long-term care describes a person’s medical needs and non-medical personal care. Care can be provided from a number of different sources, from friends and family members to paid home assistance to nursing facilities. Suppose your parent has a debilitating condition, such as dementia, ALS, or a medical condition from which he is not expected to recover. Medical services are entirely separate from non-medical services. Non-medical services include meal preparation and feeding, bathing, reminders to take prescribed medications on schedule, bathroom assistance, and other “custodial” care.
According to the U.S. Department of Health and Human Services, 70% of those over 65 will need some sort of long-term care during their lifetimes. Are you prepared? At PBI our staff is well-versed in health insurance and long term care insurance. Many assumptions are made about long term care, what it means, and how to pay for it. Whether the custodial care is needed for a post-surgical recuperative period or for terminal conditions such as Alzheimer’s Disease or Amyotrophic Lateral Sclerosis, you need the advice of a professional so you can prepare. The PBI Staff are experts in all aspects of Medical Insurance and Medicare Benefits and we can assist you with your questions about Long-Term Care Insurance.
One of the greatest potential risks faced by America’s elderly is the need for long-term care. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses. Medicare and Medicaid are federal programs that pay for portions of medical or non-medical care. Medicaid is the payor of last resort for those with no assets. There are strict financial eligibility requirements associated with Medicaid that vary from one state to another. Medicaid planning can be complex and challenging, and we strongly advise you consult a professional who can work through the eligibility requirements with you. Private long term care insurance is an option open to those who are able to afford it. There are many types of long term care insurance with a wide variety of benefits. Veterans Administration Benefits also provide a home care/assisted living benefit, usually available to veterans and their spouses. Again, you must meet certain criteria to qualify for VA benefits.
When it comes to end of life care, what you don’t know can devastate you financially. At PBI Insurance, we will be happy to meet with you to talk about your options for long-term care. We have offices in West Hartford and Hamden for your convenience. 860-233-1171.
by JT Gutcheon | May 20, 2016 | financial advisors, financial planning
Connecticut Financial Planning
PBI Insurance offers financial planning services to residents of Hartford CT, West Hartford CT and all surrounding areas. No matter where you are in life, financial decisions abound. When your life is busy it can be difficult to take time to evaluate where you stand financially. As a CT wealth management firm we act as your personal CFO. Our advisors provide unbiased advice, as well as assistance with investment management, retirement planning, tax planning, and financial services for individuals and families. Our goal is to help you achieve financial security and have complete control over your earnings. We work closely with you offering a client centered approach that provides education and guidance to help you achieve your financial goals and dreams. It’s never too late or too early to become financially savvy. For more information about our financial planning services call the experts at PBI Insurance. Our West Hartford office number is 860-233-1171. We look forward to hearing from you!
