Life Insurance Life insurance is a key part of any financial plan. What would happen to your family if you were no longer there to take care of them? What dreams do you have for them? What dreams do they have for themselves? Are those dreams possible without you in the picture? Life insurance is unlike any other financial product. What other assets can you to transfer to your loved
Fixed Annuities Retirement Dreams: Something to Think About… When you think retirement, do you think fixed investment? If so, then your retirement savings might be gradually eaten away by taxes and inflation. Though they offer safety and liquidity, some investments do not offer tax deferral or penalty free access to money. The Power of Tax Deferral If you are in a 28% tax bracket and have a taxable investment earning
IRA Retirement For Individuals Which retirement savings options are right for you? The answer depends on your individual circumstances and number of years until retirement. It also depends on other factors such as availability and type of investment choices, fees, tax considerations, and accessibility of your funds. For many investors, an IRA may be a great answer. An IRA can be an excellent way to save for and generate income
Charitable Planning Did you know that there is more money given to charities in the United States than in any other country in the world? In 2003, more than $2,046,921,512,436 was given to non-profit agencies, which does not include money given to organizations not registered. Have you ever thought about charitable giving as part of your family's planning? One common misperception is that people don't feel that they have enough
Short Term Disability Short term disability can be a very important employee benefit. Since the majority of disability claims last less than six months, a short term disability plan can be extremely beneficial. STD plans are usually set up to include elimination periods for both accident and sickness. For example, a plan might have a 0/8 elimination period which means 0 day elimination for accidents and 8 days for sickness
Today, the average college graduate owes $38,375 in debt, while the average salary for a recent graduate is $68,516. Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way—starting in the first year of high school.
Whether through inertia or trepidation, investors who put off important investment decisions might consider the admonition offered by motivational speaker Brian Tracy, "Almost any decision is better than no decision at all." This investment inaction is played out in many ways, often silently, invisibly, and with potential consequences to an individual’s future financial security. Let's review some of the forms this takes.
April is National Financial Literacy Month, providing an excellent opportunity to enhance your understanding of personal finance. Whether you're starting your financial journey or have years of experience, improving your knowledge of saving and budgeting is always beneficial.