The Clark Howard Podcast 04.18.25 Clark Answers His Critics on Clark Stinks / Guide: Appeal Insurance Denial
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Apr 18, 2025 Listeners engage in a lively discussion about tackling medical insurance denials and the power of appealing these decisions. There’s humor in analyzing unpleasant smells, illustrating an unusual yet entertaining comparison. The podcast highlights the implications of health data privacy, especially with recent issues faced by 23andMe. Furthermore, insights are shared on navigating Social Security decisions, and tackling health insurance frustrations, while encouraging proactive financial strategies. Tips are also provided for making smart investment choices.
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Roth IRA Affects Health Coverage Eligibility
- Roth IRA income does not count as taxable income for Obamacare insurance pricing, potentially locking people out of coverage.
- This complexity can prevent early retirement for those with mostly Roth assets due to insufficient gross income.
Buy Treasuries Via Brokerages
- Vanguard and Schwab allow buying Treasury securities and CDs more conveniently than TreasuryDirect.
- Using brokerage accounts for treasuries offers better cash management and no commissions on CD purchases.
Protect Assets with ABLE Accounts
- Use an ABLE account for disabled individuals to hold up to $100,000 without affecting Social Security eligibility.
- Transferring savings or 529 funds into an ABLE account protects assets from reducing benefits.