Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income tax and estate tax laws in order to select the right beneficiaries. Although taxes shouldn’t be the sole determining factor in naming your beneficiaries, ignoring the impact of […]
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Inheritance: Strategies for Successfully Navigating Sudden Wealth
What would you do with an extra $10,000? Maybe you’d pay off some debt, get rid of some college loans, or take a much-needed vacation. What if you suddenly had an extra million or 10 million or more? We are on the verge of the greatest wealth transfer in history. There is an estimated $68 trillion […]
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Stay Well With Good Health Insurance
Your goals and priorities will probably change as you plan to retire. Along with them, your insurance needs may change as well. Retirement is typically a good time to review the different parts of your insurance program and make any changes that might be needed. After you retire, you’ll probably focus more on your health […]
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Umbrella Liability Insurance
When your local weather forecaster tells you that it’s going to rain, what do you do? That’s easy—you reach for your umbrella. So why not purchase an umbrella that can protect you in stormy financial weather? Umbrella liability insurance (ULI) can do just that. By providing liability protection above and beyond the basic coverage that […]
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When will the Bull Market End?… When Did it Actually Start?
• S&P 500 average length of a bull market is 97 months • S&P 500 average length of a bear market is 18 months Consider what are alleged to be the two longest running bull markets in modern financial history—one is the current one, purportedly starting back in March 2009, and the other one going from […]