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Pensions, Retirement and Old Age Blog 2 July 2008

2 July 2008

You People Are So Superstitious…. McCain Health Credit Could Morph Into Tax Hike

Posted by James Breen at 7/2/2008 11:21:00 PM

Try credit report to compare trends. Not as easy as it sounds, is it? It is certainly scientific.

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ABC News' Teddy Davis and James Gerber Report: Sen. John McCain's, R-Ariz. health care plan would replace the existing tax exclusion for employer-sponsored coverage with a refundable tax credit for all Americans. The tax changed is intended to create a more equitable system that provides everyone -- including those who do not receive their health coverage from their employer -- with the same tax advantage. And since it is refundable, it would provide a cash benefit to those who earn too .. full article.

And I would be even more shocked by the intelligence of author and his power led me to take over other posts. Read the rest of this entry »

Posted at 23:21 0 comments


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Impaired life annuity, a form of pension scheme available to people over the age of 50 and under the age of 75, does offer value for money. The schemes, despite sharing a similar name, are not the same as a life insurance policy. Impaired life annuity is aimed at those people who are in ill health, or who have shorter life expectancy than most people. This type of pension scheme could provide a better value for money than most pension schemes.


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