6 Fixed Index Annuity Myths You have many options available to you to help you provide for future income. A fixed index annuity can be a great way to provide a guaranteed income stream during retirement. But there are many common misconceptions about these financial vehicles. In this article, we will bust 6 fixed [...]
Life Insurance for Seniors Life insurance for seniors can provide many benefits, like the ability to cover funeral costs or provide for the loved ones you leave behind. However, it is important to note that most insurance companies have age restrictions on how old you can be for them to issue a policy. This [...]
Life Insurance Verses Annuity Life insurance verses annuity, which is best for your financial situation? Read on to find out how life insurance and annuities work, their differences, and what they can do for you. Life Insurance Basics Life insurance is an agreement between you and an insurance company. In exchanged for premiums the [...]
Indexed Universal Life Insurance Myths Indexed universal life insurance is a type of permanent life insurance. It offers both a death benefit and a cash value. The growth of the cash value is directly tied to an index. It is a bit more complex than a traditional whole life policy, so there are some [...]
Life Insurance Frequently Asked Questions Life insurance can be a useful wealth management planning tool. But many people have questions about how it works. In this article, we will go over 8 life insurance frequently asked questions. 1. What is Life Insurance? Life insurance is a contract between you and an insurance company. In [...]
What Happens to Your Annuity When You Die? Annuities make payments to you while you are alive, but what happens to your annuity when you die? It will depend on what type of payout and beneficiary options you purchase. In this article, we will go over the beneficiary options and taxation of your funds [...]
Long Term Care Insurance Myths Long term care insurance is not widely used and commonly misunderstood. In this article, we will debunk some long term care insurance myths that can help you understand it better. 1. It is Only Good for Nursing Home Care Using long term care insurance for nursing home care is [...]
Disability Insurance Myths Disability insurance is a type of insurance that will replace income if you can no longer work due to disability. However, there are some common myths surrounding disability insurance. In this article, we will bust seven disability insurance myths. 1. It is Only for People with Dangerous Jobs While it is [...]
10 Life Insurance Myths Life insurance is a common financial planning tool. But it can be misunderstood. In this article, we will bust 10 life insurance myths. 1. You Only Need Life Insurance When You’re Older Many have the misconception that you do not need life insurance until later in life. But younger people [...]
Picking the Right Payout Option for Your Annuity Picking the right payout option for your annuity is vital for the success of your retirement. You have 3 different options you can choose from. These include the annuitization method, systematic withdrawal schedule, and a lump sum payment. In this article, we will go over these [...]
