Last evening with a potential client during our discovery/proposal meeting, one of the most asked questions concerning the FIA (Fixed Indexed Annuity) "How Can They (the insurance company) Do That" came up again? This is a very significant question that should be addressed and answered for those that are putting their life savings into this [...]
The IRS restricts specific investment options for an IRA. These restrictions do not allow the investment in collectibles, antiques and other assets. Here is a list: If an IRA invests in collectibles, the amount invested is considered distributed in the year invested. The account owner may have to pay a 10% additional tax on early [...]
What kind of investor are you? A Bull, Bear, Pig, Chicken or something else...
Noticed or not, inflation is real, and it can vary widely based on an individual’s circumstances. What can a traditionally conservative investor do to make sure their FDIC insured Certificate of Deposit keeps up with or even beats the current inflation rate?
The amount of Social Security benefits generally depends on a worker’s lifetime earnings. The Social Security Administration uses this earnings record to calculate the PIA and to determine the dollar amount of the payable benefit.
Many financial advisor sales pitches begin verbally and as the broker or agent explains the benefits of their product, it can begin to sound way too good. Here are a few tips to protect you:
You can modernize your life insurance at retirement and avoid paying further premiums.
Women need to understand their rights in a divorce “The impact a divorce has on women’s finances cannot be overstated. The financial literacy gap, the lack of involvement in long-term financial planning during their marriage, and their higher likelihood to end up in poverty place divorced women in a vulnerable position.” -Worthy.com If you’re a [...]
A recent alert from the Financial industry Regulatory Authority (FINRA) warns of scams related to extremely high interest rates offered on High Yield Certificates of Deposit (CDS).
The best kept secret in the investing world is that almost nothing turns out as expected. I would agree. However, with some good old-fashioned American common-sense, it’s not difficult to observe the stock market pattern to this point has been bubble, crash, bubble, crash, bubble, crash…One look at a stock market chart confirms this. We get a new high in the Dow, and then we get a new low in the next crash. That’s been the pattern.