Annuities can be a complicated products, for now we will stick with going over the basics of annuities.
An annuity is a contract that provides income for a specified period of years, generally used to provide income for (more…)
What is an IRA?
IRA – Individual Retirement Account
IRA’s provide a tax deferred or tax-free way of saving for retirement.
Traditional IRA: Your money grows tax-deferred until you withdrawal it from your account. Growing tax-deferred gives you a tax deduction which in turn reduces your taxable income. Basically you are not paying tax on the income you set aside in a Traditional IRA. This means (more…)
No Consent Life Insurance
While at work, I handle a number of Live Chat inquiries that come across a Life Insurance website. As a result of this job, I get some unusual questions presented on my screen. Recently I was asked if someone could purchase (more…)
You may need Life Insurance If…
6 Life examples…
Young Families: If you are considering starting a family, Life Insurance should be obtained. At this point in your life it would be to your advantage to obtain life insurance since rates are lower at younger ages and can be locked in for, a predetermined amount of time.
Established Families: If you have family and/or others who depend on you, then there is no question that you have a definite need for Life Insurance. This is not limited to the person who works (more…)
Roth IRA Conversion
This just may be what your 401k needs.
2010 will be here before we know it. With all the uncertainty that we are experiencing these days within the financial realm one thing that IS CERTAIN pertains to the Roth IRA. The 2010 conversion period is just around the corner. To help with understanding what your options are and the NEW 2010 (more…)
SOCIALIZE
