Understanding Guaranteed Lifetime Income
Guaranteed lifetime income is exactly as it sounds – a steady income that you receive for as long as you live-it is a Guaranteed Paycheck for Life. This is achieved through certain financial products, such as annuities, that promise to pay you a set amount of money regularly for the rest of your life. This […]
Breathing Easy: The Unbeatable Assurance of Annuities in Retirement
In the maze of retirement planning, one fear often looms significant – the longevity risk, the unnerving anxiety of outliving your financial reservoir. In an era where pensions are mirages for many and the golden years are extending, the search for financial instruments offering lifetime income is not just prudent but essential. Here, the quintessence […]
Maximizing Your Golden Years: A Closer Look at RMDs and Lifetime Income Annuities
Navigating the landscape of retirement finances, particularly the intricate dance of withdrawals from retirement accounts like IRAs and 401(k)s, can be more complex than many anticipate. As we age and transition into the golden years of retirement, understanding the financial tides and how to steer them to our advantage becomes a cornerstone of a secure, […]
Congressional Spending Increases Retirement Savings Risks of Tax-Deferred Savings Plans
New Tax Provisions Target IRAs, 401(K)s, Roth Accounts and More Tax-deferred savings plans are exposed to many retirement savings risks. New tax and spending packages included in President Biden’s Build Back Better agenda may end up penalizing Americans who have saved in tax-deferred retirement savings plans such as IRAs, 401(K)s and Roth accounts. This means […]
How To Use Life Insurance To Lock In Market Gains, Prevent Losses
Capture Tax-Free Growth with Indexed Universal Life Insurance Indexed Universal Life (IUL) insurance enables you to earn interest based on gains of a stock index, but you are not invested in the actual stocks that makes up the index. This provides upside potential with downside protection. IUL cash values are not invested directly in the […]
Tax Deductible Section 162 Bonus Plans Help Businesses Attract And Retain Executives
What is a Section 162 Bonus Plan? A Section 162 Executive Bonus plan – sometimes called a “section 162 bonus arrangement” or “section 162 bonus agreement” is a bonus paid by an employer to an employee. The employer-paid bonus pays the premium for a cash value life insurance policy that will be owned by the […]
How Ignoring Key Employee Insurance Puts Your Small Business At Risk
What kind of financial loss would your business face without its key employees? They are worth more than their salaries – their performance, professionalism and character make your company what it is, and provide the stability and predictability you need to realize a profit. Because of this reality, wise business owners protect their companies with key […]
What Is Indexing And How Does It Work?
What is an Index? An index is an indicator or measure of something. In finance, it typically refers to a statistical measure of change in a securities market. In the case of financial markets, stock and bond market indices consist of a hypothetical portfolio of securities representing a particular market or a segment of it. (You cannot invest […]
Upside Without Downside
Is Upside Without Downside Really Possible? Absolutely! Our focus is growing your retirement funds by avoiding market volatility, minimizing taxes and protecting your finances in case of a health emergency. We do this in various ways, with the common thread being Indexed Universal Life (IUL) insurance or “cash value” life insurance. When life insurance policy […]
A Tax Tsunami Is Heading Your Way, Thanks To Our $26 Trillion National Debt
Tax-Deferred Retirement Plans are Taxable Income The government pays off its debt in large part, with tax-revenues. And your tax-deferred retirement plans – such as 401(K)s, IRAs, 403(b)s – are taxed at ordinary income rates. To pay off our current, all-time high $26 Trillion national debt, future tax rates MUST increase. Tax-Deferred does TWO THINGS. […]
