Other Uses for Life Insurance You May Not Know About
life insurance

Other Uses for Life Insurance You May Not Know About

There may be potential benefits to life insurance beyond its traditional uses, especially when it comes to taxes, estate planning and long-term care. …
July 21, 2021
Myth: Life Insurance is NOT Taxable
insurance

Myth: Life Insurance is NOT Taxable

The reality is that life insurance is treated as an asset in your estate. And if the payout pushes your estate past federal or state estate tax exclus…
July 12, 2021
Is It Time to Let Your Life Insurance Policy Lapse?
life insurance

Is It Time to Let Your Life Insurance Policy Lapse?

You’ve had your life insurance policy forever, and you’ve paid a lot in premiums over the years. If you let the policy lapse, you forfeit any benefits…
June 17, 2021
Do You Need Life Insurance When You're Young?
Financial Planning

Do You Need Life Insurance When You're Young?

As millennials have families and take on financial obligations, we need life insurance to protect those we may leave behind.
May 24, 2021
10 Best Financial Benefits for Military Families
savings

10 Best Financial Benefits for Military Families

Service members face a range of threats – from the lethal to the financial. A wide array of generous benefits and programs are meant to offset some of…
May 19, 2021

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10 Questions Retirees Often Get Wrong About Taxes in Retirement
retirement

10 Questions Retirees Often Get Wrong About Taxes in Retirement

You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
April 7, 2021
Want More Tax-Free Retirement Income? One Man’s Whole Life Decision
life insurance

Want More Tax-Free Retirement Income? One Man’s Whole Life Decision

Whole life insurance might not be something that’s on your retirement planning radar, but for this client, here’s how it served his need to control ta…
February 23, 2021
Is Your Cash Value Life Insurance Policy Still a Good Fit for You?
life insurance

Is Your Cash Value Life Insurance Policy Still a Good Fit for You?

Over the years, you could have grown out of it. Or maybe your life insurance policy’s performance didn’t live up to your expectations. In any case, yo…
November 30, 2020
What to Do with Cash in a Low Interest Rate Environment
life insurance

What to Do with Cash in a Low Interest Rate Environment

Safe places to stash cash are earning next to nothing, so what can you do? Dividend-paying whole life insurance may be one option to consider.
September 30, 2020
Reasons to Own Life Insurance in Every Decade of Your Life
life insurance

Reasons to Own Life Insurance in Every Decade of Your Life

With competing financial priorities throughout your lifetime, it could be easy to overlook life insurance, especially in your younger years. But life …
September 21, 2020
How to Find the Right Life Insurance Policy for You
life insurance

How to Find the Right Life Insurance Policy for You

Policygenius.com CEO and co-founder Jennifer Fitzgerald joins our Your Money's Worth podcast to offer advice on choosing a life insurance policy. Also…
September 1, 2020
Why You Might Still Need Life Insurance in Your 50s and 60s
life insurance

Why You Might Still Need Life Insurance in Your 50s and 60s

Thought you were past all that by this age? Well, if you have a mortgage that would be tough for your spouse to pay off or grown children you are supp…
August 3, 2020
Whole Life Insurance … Love It or Leave It?
life insurance

Whole Life Insurance … Love It or Leave It?

Low interest rates can be bad news for these types of policies. Here are 3 reasons why now is a good time to review your policy with an in-force illus…
July 27, 2020
Pass Along Life Lessons With an Ethical Will
retirement

Pass Along Life Lessons With an Ethical Will

Create a legacy letter to communicate values, experiences and life lessons to your family.
June 9, 2020
9 Ways to Raise Cash Quickly
savings

9 Ways to Raise Cash Quickly

The $2 trillion coronavirus stimulus package is providing a $1,200 check for millions of Americans.
May 6, 2020
10 Questions Retirees Often Get Wrong About Taxes in Retirement
retirement

10 Questions Retirees Often Get Wrong About Taxes in Retirement

You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
May 1, 2020
Whole Life Insurance: It's a Swiss Army Knife for Financial Planning
retirement

Whole Life Insurance: It's a Swiss Army Knife for Financial Planning

How does whole life insurance work? What are some of its pros and cons? And could it be right for you?
May 1, 2020
13 Financial Moves to Make After Losing a Spouse
retirement

13 Financial Moves to Make After Losing a Spouse

Nothing upends your world like the death of a spouse, leaving you at a loss for what to do next.
April 29, 2020
Alternate Strategies for Stretch IRA
retirement

Alternate Strategies for Stretch IRA

There are still moves that IRA owners can make to help ease the transfer of their legacy to their chosen beneficiaries and save some money from the ta…
March 3, 2020
3 Ways to Claim a Life Insurance Benefit: Which Is Right for You?
insurance

3 Ways to Claim a Life Insurance Benefit: Which Is Right for You?

When you are due a life insurance death benefit, a lump sum payment isn't your only option. There are typically three main ways to take your benefit, …
February 11, 2020
How to Shop for Life Insurance
insurance

How to Shop for Life Insurance

You may be able to estimate how much you need online, but that’s just the start of your search.
January 30, 2020
Pros, Cons and Possible Disasters after SECURE Act
IRAs

Pros, Cons and Possible Disasters after SECURE Act

Sweeping retirement changes were just signed into law that bring both positives (for savers) and potentially disastrous consequences (for heirs). Here…
December 31, 2019
Worried about Estate Taxes? One Strategy to Try
taxes

Worried about Estate Taxes? One Strategy to Try

If your heirs might face a big estate tax bill one day, an irrevocable life insurance trust could help protect your legacy.
October 28, 2019
Learn from My Best and Worst Financial Decisions
retirement

Learn from My Best and Worst Financial Decisions

It's normal to have financial regrets. I know I do, and I don't mind sharing. Use them as a growing opportunity. And make sure to celebrate your succe…
October 25, 2019
Annuity Exchanges, Full or Partial, Boost Flexibility without Creating Taxes
retirement

Annuity Exchanges, Full or Partial, Boost Flexibility without Creating Taxes

1035 exchanges let you trade up for a better annuity or trade in unneeded life insurance.
October 22, 2019