SERVICES

Health Insurance

Life Insurance

Retirement Planning

Health Insurance

Between individual health insurance and medicare insurance, we have what you are looking for. We work with your wants and needs to find the best value and the price you can afford.

Individual Health Insurance

Don’t have employer-sponsored health plans? No problem, we’ve got you covered. We will explain the different options available for your needs so we can help you protect what is most important.

The majority of individual health insurance will be provided through Covered California. This is the state-run health insurance marketplace that was established as part of the Affordable Care Act (ACA, or Obamacare). The marketplace offers subsidies and tax credits to offset premiums, enabling you to afford quality healthcare coverage.

Not looking to utilize Covered California? We provide direct health insurance and work with all major carriers.

Insurers have a great interest in making sure you stay healthy. They will often pay the costs of preventative healthcare, such as annual checkups, screenings, and vaccines.

We will walk you through:

  • The deductible

  • Co-payments

  • Annual limits

  • Medical services, treatments, and drugs the policy covers

Medicare

Medicare is a federal health insurance program established by the United States government that provides essential healthcare coverage primarily for those 65 years and older. Certain younger individuals with disabilities or specific medical conditions may qualify. Medicare provides invaluable support but may not cover all healthcare costs, and some may opt for supplemental insurance (Medi-Gap). We will help you find the best coverage to protect what is most important.

Medicare offers Part A, Part B, Part C, and Part D:

  • Part A covers inpatient hospital care, skilled nursing facilities, and some healthcare.

  • Part B covers doctor visits, outpatient services, and preventative care.

  • Part C, known as Medicare Advantage, offers Medicare benefits through private insurance plans and includes Parts A, B, and D.

  • Part D provides prescription drug coverage.

Life Insurance

Discover how life insurance can provide peace of mind and financial security for your loved ones.

Life insurance offers financial security to help you protect what is most important. It assists dependents like children and spouses, covers living costs and education when you no longer can provide. It can help settle outstanding debts like mortgages and loans, to prevent your loved ones from inheriting those burdens. Funeral expenses would also be covered in the policy you choose. Life insurance can also act as a vehicle to offer you an investment strategy without the risk of market downturns. In a permanent life insurance policy that includes a cash value feature, cash value is the portion of your policy funds that accumulates over time from interest earned in the policy. Cash value is a separate tool from the death benefit that features multiple usages such as the ability to withdraw or borrow against your policy or utilizing the funds for retirement while you are still alive.

A life insurance death benefit is generally paid quickly and is tax-free. We work with only the best carriers so you can rest assured that you and your loved ones will be taken care of.

Choose from term, permanent life insurance, final expense life insurance and more.

Retirement Planning

Maximize your tax savings and secure your future with the right retirement plan. Learn about the different options available for your employment type.

We will help you with significant tax savings with the right retirement plan. There are multiple plans based on your employment type: employee, independent contractor, or a business owner.

Here at LS Financial, we offer annuities as a form of retirement planning. An annuity offers a guaranteed income stream and is usually bought by retirees. Investors (you) fund the product by lump-sum or periodic payments. Annuities can be structured into different kinds of instruments for the most flexibility. It can be categorized as immediate or deferred, and fixed, variable, or indexed.

These plans fall under annuities:

  • IRA - This is a traditional IRA that allows you to contribute pre-tax funds.

  • Roth IRA - Contributions are post-tax, with the fund growing tax-free over time and will be tax-free when withdrawn after retirement.

  • SEP IRA - A Simplified Employee Pension Plan that can be established for employees or self-employed individuals. Only the employer can contribute.

  • Simple IRA - For employees that employers may contribute to. These have lower contribution limits than other plans.