M Rocchio Insurance Agency

08/04/2026

Social Security just announced a 2.8% cost-of-living increase for 2026 — about $56 more a month for the average retiree. Good news on paper.

Here's the part that doesn't make the headlines: Medicare Part B premiums are rising to $202.90 a month in 2026, a jump of $17.90. For most retirees, that premium is deducted straight out of the Social Security check before it ever hits your bank account. Depending on your benefit amount, that one increase alone can eat up more than a quarter of this year's COLA.

For Daytona Beach retirees living on a fixed income, the number that matters isn't the headline COLA percentage — it's what's left after Medicare takes its share. It's worth actually running that math for your own benefit amount rather than assuming the raise covers rising costs.

What's your experience been with how far a COLA increase actually stretches once Medicare and everyday costs are factored in?

07/26/2026

07/12/2026

Central Florida healthcare workers ages 60-63: You just got a raise on your retirement savings — and most people didn't hear about it.

Here's what changed in 2025:

👉 Standard 403(b) catch-up contribution: $7,500
👉 SECURE Act 2.0 raised it to $11,250 for workers ages 60, 61, 62, and 63
👉 That's an extra $3,750 per year you can shelter from taxes
👉 Only during those 4 years — then it drops back down at age 64

If you're in that window (or approaching it), this is a use-it-or-lose-it planning moment. Message us for a plain-English breakdown of what it means for your paycheck.

07/10/2026

Central Florida healthcare workers: If your hospital offers a pension buyout — or you've heard rumors one is coming — timing matters more than you think.

Here's why:

👉 The lump-sum offer is calculated using IRS interest rates
👉 Higher interest rates = SMALLER lump sum offers
👉 When rates drop, those same lump sum offers can jump 20-40%
👉 Some Central FL hospital systems (including some at AdventHealth and legacy Halifax pensions) still offer these — timing your decision around interest-rate cycles can be worth tens of thousands

Before you take the lump sum OR the monthly income — the math is worth running. Message us for a personalized breakdown.

07/09/2026

Central Florida healthcare workers: Did you know Florida legalized Electronic Wills in 2019?

Here's what changed:

👉 A properly executed electronic will is now valid under Florida Statute § 732.521 (the Florida Electronic Wills Act)
👉 Nevada digital trusts remain the strongest asset-protection trust jurisdiction in the U.S.
👉 70% of paper trusts are never fully funded — because families forget to move assets in after signing

A paper trust sits in a drawer. A digital trust sits in your pocket — updated from anywhere, always accessible to the people who need it. Message us if you want to know how it works for a Central FL family.

07/08/2026

Central Florida healthcare workers: If you've worked at more than one hospital system in your career, you may have a "phantom 401(k)" — money you forgot about at a former employer.

Here's the reality:

👉 $1.65 TRILLION sits in forgotten retirement accounts nationwide (Capitalize 2023 study)
👉 The average forgotten account has around $56,000
👉 SECURE Act 2.0 created a new federal Retirement Savings Lost and Found database to help people locate these accounts

If you left AdventHealth for Halifax Health, HCA for Florida Hospital, or bounced between any Central FL hospital systems — your old 403(b)s and 401(k)s are still yours. Message us if you want help locating and consolidating them.

07/08/2026

Married couples over 60: There's a Social Security rule almost nobody uses.

If one spouse waits until 70 to claim, the surviving spouse gets that higher benefit for life — even if the primary earner passes early.

Most couples claim at 62 or 66 and lose $150K+ in lifetime benefits without realizing it.

Message us if you want the math for your situation.

07/07/2026

Some mornings it really does just hit different!

07/07/2026

Central Florida healthcare workers: The SECURE Act 2.0 quietly changed the rules on your retirement savings.

If you have a 403(b), a 457, or an IRA — this affects you:

👉 Required withdrawals now start at age 73 (was 72)
👉 After 2033, that shifts to age 75
👉 Miss a withdrawal? The penalty dropped from 50% to 25% — and to 10% if you fix it fast

Most hospital systems never trained you on this. If you're within 10 years of these ages, message us for a plain-English breakdown.

07/05/2026

I got over 400 reactions on my posts last week! Thanks everyone for your support! 🎉