Don’t Forget Life Insurance During a Divorce

22 Jun

Divorce can be devastating. Even an amicable divorce can cause financial hardship when you consider the cost of establishing and maintaining two individual households. While there are a lot of moving parts during and after a divorce, life insurance tends to be an afterthought. More>>

12 Things You Didn’t Know About Annuities

11 Jun

Annuities are great tools for retirement planning, but they can be complicated, too. And the terminology can be confusing even when the underlying concept is simple. When it comes to this important piece of the retirement-security puzzle, how well do you understand annuities? More>>

Do I Need Disability Insurance?

25 May

Your employer may offer disability insurance, but investigate its coverage limits and tax implications. So what would happen if they lost the ability to earn that paycheck tomorrow? What if an illness disrupted their ability to work for three months? What if a serious accident prevented them from ever working again? Would they be able to pay their mortgage? Would their kids still have a college savings account? Would they be able to retire? More>>

Women & Life Insurance

13 May

Women today are more highly educated and financially empowered than ever before, but evidence suggests that their financial planning needs are not being met.

In broad terms, women are no different than men in terms of their financing planning needs, including risk protection, wealth management, retirement planning, and insurance. However, women face different risks and challenges than their male counterparts, which can have a significant impact on their ability to achieve financial planning goals. More>>

Changes To Social Security You Need To Know For 2020

11 Dec

Changes are to the Social Security Administration pension program are an annual event and 2020 is no different. Some changes are due to formulas, while others are part of the legislative framework underpinning Social Security. Here are six changes on the books for 2020. More >>

Retirees’ Top Financial Concerns All Revolve Around This 1 Thing

25 Mar

Though retirement is an exciting milestone to look forward to, the idea of it can be nerve-wracking. After all, there’s a host of financial unknowns associated with retirement, and living on a fixed income leaves many seniors struggling to make ends meet. More >>

Why Life Insurance Has to Be Part of Your Wealth-Building Plan

28 May

Every day, life insurance companies pay death benefits to the beneficiaries of their policies, providing them with needed and certainly welcome funds. In essence, life insurance provides leverage: You pay a relatively small amount of money to the insurance company in the form of a “premium,” and the insurance company will provide a guaranteed payout of a relatively large amount of money upon the death of the insured. More >>

Financial Planning: A Crucial Step in Raising Children

21 May

Raising children requires a lot of things. It requires your time, attention, love, affection, and support. However, being a parent also means possessing the ability to provide for your children as well. From making sure you can put a roof over their heads and keep clothes on their back to affording higher education and being prepared for those unforeseen circumstances and life-changing milestones, it is imperative that your finances are in order. More >>