Individual-Life-Insurance 
Money Talk
MARCH 7, 2024
Financial shocks are events that result in unexpected expenses and they are especially challenging for individuals and households with limited resources and tight budgets. childcare, food, insurance, rent, utilities) ¨ Car accidents ¨ Disability ¨ Divorce ¨ Large home repairs (e.g.,
Money Talk
JANUARY 4, 2024
Common sources are businesses, individuals, and the government. Life Insurance - This is money transferred to a beneficiary via a deceased person’s life insurance policy. Like inheritances, life insurance is generally not subject to income tax. stock or mutual fund shares) are taxable.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Money Talk
SEPTEMBER 28, 2023
Longevity is defined by the Merriam-Webster dictionary as “a long duration of individual life.” Guaranteed Income- Three common sources of guaranteed lifetime income in later life are Social Security, (increasingly rare) defined benefit (DB) pensions, and annuities. It is also a key financial risk for older adults (i.e.,
Money Talk
JUNE 22, 2023
Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary Use- Beneficiary designations are required for life insurance policies, individual retirement accounts (IRAs), employer retirement savings plans (e.g.,
Money Talk
AUGUST 10, 2022
For individual taxpayers, if combined income (adjusted gross income or AGI + nontaxable interest + ½ of Social Security benefits) is between $25,000 and $34,000, up to 50% of benefits are taxable. Tax Withholding Adjustments - Adding income from employment to what could be multiple streams of income in later life (e.g.,
Money Talk
DECEMBER 14, 2023
Health Insurance Coverage - There is a solid health insurance plan in place including Original Medicare with a supplemental policy, Medicare Advantage, or an employer’s retiree coverage. For additional information about retirement readiness and financial transitions that occur in later life, read my book , Flipping a Switch.
CorpStrat
FEBRUARY 12, 2024
This is where the importance of employee benefits, key person insurance, and disability insurance comes into play. Protecting Your Business MVPs Most companies have health insurance to cover medical expenses and illnesses. We’re talking about things like illness, disability, or the loss of a key team member.
Expert insights. Personalized for you.
151 
Let's personalize your content