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
Tax season can bring a bit of relief, especially if you’re one of the lucky ones receiving a tax refund. While it’s tempting to splurge on that new gadget or a vacation, consider the future implications of how you choose to use this influx of cash. Investing all or part of your tax refund can be a powerful step towards securing your financial future.
As we move through the month of March, it’s time to celebrate National Credit Education Month. This initiative highlights the importance of understanding credit and empowers consumers to take control of their financial futures. One of the most fundamental aspects of credit education is understanding credit scores—what they are, how they are calculated, and steps you can take to improve them.
This guide will explore how tax filing may look different this tax year and what you can do to prepare. Remember that this guide is for informational purposes only and is not a replacement for real-life advice, so consult your tax, legal, and accounting professionals before modifying your strategy.