License 0K69953

NPN 17828963

(CA, TX)

Education: Bachelor of Business Administration, Loyola Marymount University

Petty Officer

School of Leadership

US Navy

Jocel Alcedo @ HealthMarkets.comHealthMarkets CA Lic #: 0K69953. For the life of your retirement and a good and healthy quality of life. I specialize in retirement solutions, accident, health and life insurance, Medicare (Part A,B, D, other Medicare supplements), Commercial Group Health and Accident, Medicaid Covered CA, Long-Term Care, Final Expense, Dental, Vision, International Travel Health Insurance and Pet Insurance.

My Office Handles

Individual & Family Health Insurance, Medicare, Medicare Advantage Plans, Medicare Supplement, Medicare Prescription Drug Plans, Small Business Health Insurance, Life Insurance, Dental Insurance , Vision Insurance, Critical Illness Insurance, Disability Insurance, Accident Insurance, Long-Term Care Insurance, Wellness Products, International Travel Health Insurance and Pet Insurance.

My Code of Ethics and Professional Fiduciary Responsibility includes but is not limited to the following:

First and foremost, my primary responsibility as fiduciary is to run the plan solely in the interest of my clients and beneficiaries and for the exclusive purpose of providing benefits and paying plan expenses. I will act prudently and will diversify the plan's investments in order to minimize the risk of large losses.

The Problem About Liquidity and how to manage financial RISKS.

Reporting any observed unethical behavior or wrongdoing of my peers and leaders to HealthMarkets.

Rendering exemplary service to my clients and accurately presenting information necessary for my clients to make a well informed decision when purchasing insurance and financial products.

Conducting myself in a professional manner and using compliant sales practices.

Using only approved advertising and marketing materials.

Staying informed of applicable laws and regulations, as well as guidance of HealthMarkets and it contracted carriers as they impact my practice.

Maintaining client information as confidential in accordance to federal and state privacy laws.

Policy Review I HealthMarkets Insurance Agency

Uncover Your Benefits

by Jocel Alcedo

Most of the people I do a complementary review for are surprised to find out they may have insurance benefits in their healthcare policy they're paying for but not using. Simply put, they don't know what their coverage covers.

For example, they may have coverage for over-the-counter medication, but have no idea they can get reimbursed for those purchases. That's why it's a prudent move to sit. down with me so I can review your current standing.

I'll uncover all of the benefits you have coming to you under your plan, and help you understand how best to utilize them. And the best part is, there's no charge for my guidance.

I'll also take a look at your complete coverage situation. If you have a life insurance policy, for example, I'll help your make sure there aren't any holes and that what you're paying for is the right choice for your and your family.

Last year, many of us may have spent our days feeling vulnerable. If nothing else, we now understand the value of being prepared. That's why many people are taking a closer look at life insurance, disability and critical illness policies as a way to prepare themselves for life's unexpected events.

A lot of people are also seeing increases in deductibles and co-pays. As a licensed insurance and financial professional, I can offer solutions to help lessen the burden these might have on an already stressed family budget.

Prepare Yourself l HealthMarkets Insurance Agency

The Unpredictability of Life

by Jocel Alcedo

If there's something we've learned over the past year, it's that life can be very unpredictable. And it's that unpredictability that has most people in goal-setting mode right now. In addition to enjoying all the life has to offer, we want to be better prepared for the unexpected.

Because life has shown us that we don't always have time, getting our affairs in order is a crucial step as we continue into the new incoming 2023 Year. Life insurance should be one of those important steps.

Most people are surprised to learn that life insurance can be very affordable. You don't have to spend a lot to get the coverage you need. Life insurance can be the difference between your loved ones navigating your passing without the stress the loss of your income represents and being able to focus on their emotional state without the added burden.

But life's unpredictability isn't limited to loss of life. Sometimes the loss of a job can be an unexpected blow, or and injury happens that prevents a person from working. Disability insurance may also be an important addition to your personal preparedness portfolio. And there are options to help you continue your healthcare coverage should you lose your job.

Final Expense l HealthMarkets Insurance Agency

Your Legacy Is the Gift You Leave to your Family

by Jocel Alcedo

You want to leave your loved ones many things: cherished memories, treasured family heirlooms and the financial security to achieve the goals you've planned together.

Did you know that funerals are among the most expensive purchases many consumers ever make. According to the National Funeral Directors Association, the median cost of a funeral and burial with a vault, which is required by most cemeteries, was $9,420 in 2021. Additional fees for flowers, obituaries and and cemetery costs can cost a funeral well over $30,000 at today's prices. The costs at the time of need could be much higher due to inflation.

Where will the money come from? Social Security: Pays only $255 lump sum death benefit, and only to qualified dependents(*1). Also, Social Security income may be reduced by as much as 50% with the death of a spouse. Veterans Administration: May pay an additional $300 burial allowance under certain circumstances(*2). Savings: Do you have funds necessary to cover such such costly expenses. Loved Ones: Do your children have the funds necessary to cover such costly expenses? Do you want to leave this burden to them?

I have better options to cover your final expenses:

Easy Qualification: Eligibility is determined through simplified issue underwriting, which means no medical exam. You'll just need to answer a few health questions.

Affordable Premiums: Coverage is available to amounts to fit your needs and budget.

Convenient Payment Options: You can have premiums deducted from your checking account monthly, or let us bill you annually, semi-annually or quarterly.

Policy Good Worldwide: Travel anywhere in the world and you'll still be covered.

Death Benefit paid by Check: The tax free proceeds (*3) can be used for final expenses or other needs.

Noncancelable Guarantee. Never canceled because of changes to your age or your health as long as premiums are paid.

Quick approvals. Call me for a quote.

Individual Retirement Account l HealthMarkets Insurance Agency

IRA Withdrawals that Escape the 10% Penalty

by Jocel Alcedo

The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other than retirement.

Yet, policymakers also recognize that life can present more pressing circumstances that require access to these savings. In appreciation of this, the list of withdrawals that may be taken from a Traditional IRA without incurring a 10% early withdrawal penalty has grown over the years.

Penalty-Free Withdrawals

Outlined below are the circumstances under which individuals may withdraw from an IRA prior to age 59½ without a tax penalty. Ordinary income tax, however, generally is due on such distributions.

Death — If you die prior to age 59½, the beneficiary(ies) of your IRA may withdraw the assets without penalty. However, if your beneficiary decides to roll it over into his or her IRA, he or she will forfeit this exception.2,3
Disability — Disability is defined as being unable to engage in any gainful employment because of a mental or physical disability, as determined by a physician.4
Substantially Equal Periodic Payments — You are permitted to take a series of substantially equal periodic payments and avoid the tax penalty, provided they continue until you turn 59½ or for five years, whichever is later. The calculation of such payments is complicated, and individuals should consider speaking with a qualified tax professional.4
Home Purchase — You may take up to $10,000 toward the purchase of your first home. (According to the Internal Revenue Service, you also qualify if you have not owned a home in the last two years). This is a lifetime limit.
Unreimbursed Medical Expenses — This exception covers medical expenses in excess of 7.5% of your adjusted gross income.
Medical Insurance — This permits the unemployed to pay for medical insurance if they meet specific criteria.
Higher Education Expenses — Funds may be used to cover higher education expenses for you, your spouse, children, or grandchildren. Only certain institutions and associated expenses are permitted.
IRS Levy — Funds may be used to pay an IRS levy.
Active Duty Call-Up — Funds may be used by reservists called up after 9/11/01, and whose withdrawals meet the definition of qualified reservist distributions.

1. In most circumstances, once you reach age 72, you must begin taking required minimum distributions from a Traditional Individual Retirement Account (IRA). You may continue to contribute to a Traditional IRA past age 70½ as long as you meet the earned-income requirement.

2. Distributions to a non-spouse beneficiary are generally required to be distributed by the end of the 10th calendar year following the year of the Individual Retirement Account (IRA) owner's death. The new rule does not require the non-spouse beneficiary to take withdrawals during the 10-year period. But all the money must be withdrawn by the end of the 10th calendar year following the inheritance. A surviving spouse of the IRA owner, disabled or chronically ill individuals, individuals who are not more than 10 years younger than the IRA owner, and child of the IRA owner who has not reached the age of majority may have other minimum distribution requirements.

3. Investopedia.com, March 5, 2022.

4. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Federal and state laws and regulations are subject to change, which may have an impact on after-tax investment returns. Please consult legal or tax professionals for specific information regarding your individual situation.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2022 FMG Suite.

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