Note: This article will be updated as new information is made available. The law starts in three stages. First, June 30, 2020, for companies with more than 100 employees. Then, on June 30, 2021, for businesses with more than 50 employees. The third stage will go into effect on June 30, 2022, for employers who have five or more employees.... Continue Reading →
5 Reasons a 401(k) May Be the Worst Account to Have in Retirement
That massive 401(k) nest egg that you're so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alternatives to consider instead. See how yours is preforming here: https://www.brightscope.com Now allow us to help you! You will need to have an experienced, licensed, and knowledgeable agent... Continue Reading →
What is the Best Type of Insurance to Have?
Here is a cool trick that few people know about life insurance. Index Universal Life is Life Insurance you don't have to die to use! Acts like Whole Life Insurance Has $ Cash Value Account Has $ Disability Income Has $ Tax-Free Retirement Income, for life! Has Tax-Free, Worry-Free Retirement First of all, Life Insurance has changed... Continue Reading →
What are the Different Types of Life Insurance? Part II
The newer Life Insurance products and policies like Universal Life are not about just a death benefit anymore. They can give the benefits of a financial plan for you, your family or business. Here are the Last Two of the Four Main Types of Life Insurance Universal Life Insurance. This type of insurance started in... Continue Reading →
Is a 401(k), ROTH IRA or is there Something Better?
Did you know that an ‘IUL’ the Best Way to Plan for Retirement? We have spent the last few years, since 2008, researching the various IRA options and looking for the best possible solutions for our family, friends, and clients. First, we need to know how money works in IRA accounts. Money grows in... Continue Reading →
How to Find Out How Your 401(k) is Performing
How to Find Out How Your 401(k) is Performing How is your IRA doing? What about the old ones from previous employers? Did you lose your job? Do you have an IRA from a previous employer? If so, do not lose Your Money! If you lost your job or you are on furlough, I... Continue Reading →