Avoid Unnecessary Probate Expenses and Time Delays With This Simple Planning Tip

When you open a retirement savings account (such as an IRA), you have the option of naming a beneficiary. This beneficiary designee stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedence over a will, because retirement accounts do not fall under probate.

By |2015-05-27T21:43:53+00:00July 31st, 2013|Retirement Planning|

Annuities, The Big Three: Fixed Interest, Fixed Indexed, and Variable

A bank guarantees the deposit and interest on a bank CD, with a fixed interest annuity, the insurance company guarantees the product. There is one basic different between a bank CD and a fixed interest annuity, the tax liability on interest earned in a fixed interest annuity is deferred until the funds are touched or used. Interest rates can vary between states of residence and offerings from insurance companies.

By |2015-05-22T22:20:36+00:00July 30th, 2013|Annuities, Annuities 101|

Municipal Bonds, Know Their Secrets Before Investing

Are you interested in investing in Municipal Bonds? They can provide great benefits if there benefits match up with your goals. Be careful; make sure you know how they work and how to maximize your investment and learn the disadvantages. Mutual bond do have a place in many portfolios, but use caution and make sure you fully understand the advantages and disadvantages.

By |2015-05-27T21:42:49+00:00July 29th, 2013|Annuities, Annuities 101|

Are US Treasuries a Smart Bet For You?

US Treasuries are the safest possible place to invest your money. There is nothing on planet earth safer. Treasury bonds are issued and backed by the federal government, the full faith and credit of the United States Government. The advantage is safety; the disadvantage is the yield you may earn can be lower than other investment options. The question to ask is simple, is the lesser yield still sufficient for your needs?

By |2015-05-27T21:44:48+00:00July 29th, 2013|Investing|

Is Investing in Bond Mutual Funds a Good Idea? Let’s Look at The Disadvantages

Bond funds have goals for their time period of asset ownership; they can be short, medium and long positions. As bonds in the bond fund mature (or are sold by the fund), they are replaced with new bonds matching the fund goals. For example, a long term government bond fund will always hold long term government bonds. A long position corporate bond fund would also hold long corporate bond funds etc. This is accomplished by selling the bonds they hold as they move towards maturity and replacing them with new bonds that are further away from maturity.

By |2015-05-22T22:30:08+00:00July 27th, 2013|Investing|

Mary, And The Power Of Guaranteed Income

By Marilyn Clark In my business as a licensed insurance agent for over 30 years, I have written many times about Safe Money with a focus on fixed annuities. I would like to share with you a very special client of mine, she is 92, I will call her Mary. “Mary” wanted to help her [...]

By |2013-09-25T20:04:12+00:00July 25th, 2013|Annuities|

Mother, Banks and Options to Avoid Poverty

“My mother is sixty-seven-years old and has saved up a half-million dollars in a bank account earning about 1% interest. Obviously, not a very good interest rate. She wasn’t sure what to do to earn more money on her money. Her house was paid off as well as her car. She had been thrifty her entire life, but still felt like she was making a mistake keeping her money in a normal bank account. I want to find a way to help her.”

By |2015-05-27T21:47:43+00:00July 23rd, 2013|Retirement Planning|

Annuities Have Surrender Penalties And That Is A Good Benefit

Annuity contracts allow for 10% of the account value to be withdrawn annually, this can be done all at one or more than once. If an annuity is used as an income stream, surrender penalties are waived. In the event of death almost always surrender penalties are waived for the beneficiary. In addition, most contracts allow for access to the account funds in the event of long term illness or terminal illness.

By |2015-05-27T21:45:38+00:00July 23rd, 2013|Annuities, Retirement Planning|

Don’t Gamble. Leverage like Buffett

Think of your money for its intended use and for most of us that would be retirement income and money to enjoy the security later in life. There is a way to beat the system, it is easy, simple and the big boys won’t know about it. Why won’t they? Because they don’t care, they only care about their reasons for their money.

By |2015-05-22T22:37:43+00:00July 22nd, 2013|Annuities, Retirement Planning|