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April 1, 2010 |
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Greetings!
Happy Easter from all of us at Alliant Wealth Advisors!
There's been a wave of new laws and reforms. If you, like many of us, are unsure about how these changes may impact you, please take a moment to read the articles below on healthcare reform and student loan overhaul.
As always, we enjoy hearing from you. To provide feedback, simply
email us.
Best,
John A. Frisch, CPA/PFS, CFP
President & Founder |
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New Healthcare Reform Law Summary |
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Recently, two pieces of legislation, the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 were signed into law. Together, these pieces of legislation make the most significant reform to health care in the United States since the enactment of Medicare. The Congressional Budget Office estimates that by 2019, approximately 32 million currently uninsured Americans will have health insurance, at a cost of about $940 billion. A major component of the reform legislation is the creation of state-based American Health Benefit Exchanges and Small Business Health Options Program Exchanges to provide health insurance for low-income individuals and small businesses. Please read more for a brief description of some of the most important provisions of the health care reform legislation.
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Overhaul of Federal Student Loan Program |
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With the nuances of health care reform getting all the attention, you may be surprised to learn that the recently passed health care legislation—the Patient Protection and Affordable Care Act of 2010, as amended by the Health Care and Education Reconciliation Act of 2010—includes several provisions related to college. The most noteworthy of these provisions involve:
• The distribution of federal student loans
• Pell Grants
• Income based repayment for federal student loans
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| About Us: Located in Woodbridge, VA, Alliant Wealth Advisors (formerly Millennium Capital Management Corp) was founded to help a select group of families achieve all that is important to them financially. To achieve our mission we use a consultative wealth management process, which includes both investment consulting and advanced planning. Our approach assumes that every client is unique; every client has varying needs and objectives; and no two clients share the same risk tolerances, time horizons and dreams. In addition to providing our expertise we work with clients' existing advisors and, where there is a gap to fill, we use our own outside experts in the fields of tax, legal and high-end Insurance. |
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