Tax deferrals that most IRAs, retirement and profit-sharing plans are afforded don’t last forever. Whether you’re ready for retirement income or not, IRS rules require that you start drawing down your savings from certain types of accounts when you reach a certain age.
Figuring out how much insurance you need may seem like an impossible task, but estimating a ballpark amount of coverage isn’t as hard as you might think. You can make a sound estimate if you take the time to consider your finances and what your loved ones will need in the future. In celebration of Life Insurance Awareness Month, here are a few tips to help you determine how much coverage may be right for you and your family.
Annuities can be used to help you generate income and provide the opportunity for growth of your annuity while protecting it from market downturns. To help you understand annuities better, here are 6 misconceptions you may have heard about them.
There may come a day when you aren’t around to provide for your loved ones. An unexpected illness or accident could take you away from your family, leaving them with a financial burden. Life insurance coverage can help ensure your family has financial support in place, even without your income. Here are some benefits.
If you’re a millennial, you might be wary of purchasing real estate due to the cost of your student loan debt, navigating mortgage credit, facing the rising values of homes, or dealing with other financial concerns. It can be daunting, but don’t let issues like these turn you off on the idea of home ownership. Here are 5 tips to help you determine if you can buy.
An estimated 43.5 million adults in the U.S. (about 60% of them women) act as caregivers to a loved one every year, according to a 2015 study from the National Alliance for Caregiving and AARP. In most cases, they take care of a relative, like an aging parent. Providing this support is a big job that can take a toll on a caregiver physically, mentally and financially. Here are some tips to make caregiving a little more manageable:
When the topic of life insurance comes up, people typically discuss how families and businesses can protect their assets in the future. They don’t usually think of it being applicable to single people. But life insurance is really a long-term benefit that everyone should consider. Even if you aren’t married or don’t have kids, it doesn’t mean your death won’t have a financial impact on others in the present or is the future.
When a loved one passes away it’s never easy. Dealing with a loss is even…
Celebrate National Insurance Awareness Day by looking over your existing life insurance coverage and making sure it’s a good fit for you and your family. The right coverage should be customized to your needs
Getting used to life as a single person after years of marriage is one of…