You may be wondering: “How does the stock market work?” Additionally, “What are the potential dangers of investing in stocks?” If you are worried about these things, you aren’t alone. Some people with limited financial experience are terrified by the possibility of losing their money in the stock market. That, or they’re unaware of the …
Back in March, A hearing was held by the Senate Health, Education, Labor, and Pensions Committee. Retirement professionals urged lawmakers to take action and increase the availability of workplace savings plans, and level some of the barriers that have kept workers from saving away more money for retirement. “It is painfully clear we need to …
When it feels like the world is spinning, it’s very important that you stay skeptical of promises of sure things. Is a simple and reliable investment really simple and reliable, or does it just appear that way in complicated times? “As Russia launches its blitzkrieg against Ukraine, my inbox brimmed with reports from investment firms …
Don’t Make Hasty Financial Decisions When Tensions are High Read More »
Recent changes within the stock market have been acting as a warning to certain Americans. Specifically, people who are too old to be investing the amount that they are in the stock market. Many of these people are, unfortunately, likely to dismiss that warning. See, surprisingly, the market actually rose during most of the pandemic. …
The third tax-filing season to occur during the coronavirus pandemic is set to begin relatively soon. This will likely come with yet more frustration and uncertainty for taxpayers, as well as tax preparers. Some things will return to normal. For example: For the first time since 2019, the individual tax deadline will return to its …
This is a question that sometimes comes up. Do annuities have fees? Some do have fees associated with them, no matter what. Others only come with fees when you select certain additional benefits, or if you take out money too soon. Importantly, whether you pay fees or not, and how much you pay, depends on …
Fixed Index Annuities Provide An Interest Rate – How Is That Calculated? Fixed indexed annuities (or FIAs) provide an interest rate to their annuitants. In a similar vein, fixed annuities also pay interest. The interest, in that case, is a set rate for the term of the contract. FIAs, however, have a much more complicated …
Fixed Index Annuities Provide An Interest Rate – How Is That Calculated? Read More »
If 2020 taught us anything, it’s that practically anything can happen. So then, what can you do to be prepared? Let’s first learn about protecting your money during a recession. What Happens In a Recession? A recession occurs when Gross Domestic Product (GDP) drops for 2 quarters (or more) back to back. So in simple …
Most people understand why you should have life insurance in your working years. People sometimes wonder, however, if you really need life insurance in retirement. People obtain life insurance in their working years, in many cases. They do this, firstly, to protect their household income. If one spouse dies, for example, the goal is to …
Do You Really Need Life Insurance in Retirement? Read More »
Could Your Spouse Receive a Fixed Indexed Annuity Death Benefit? If you have an annuity or are thinking about getting one, you may be wondering about your annuity death benefit. Many people are concerned about where their money will go when they’re gone. The answer to this depends on several factors, which we will cover …
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