All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful. Investments offering a higher potential rate of return also involve a higher level of risk. Asset allocation,...
Go out into your yard and dig a big hole. Every month, throw $50 into it, but don’t take any money out until you’re ready to buy a house, send your child to college, or retire. It sounds a little crazy, doesn’t it? But that’s what investing...
If you’re a senior, the future may present more of a concern than it once did–you may wonder what you’ll do if your health deteriorates. If you must enter a nursing home, for example, how will you pay for it? Fortunately, you may have several...
Benefits of a will: Distributes property according to your wishes Names an executor to settle your estate Names a guardian for minor children Other benefits of a living trust: Gives someone the power to manage your property if you should become incapacitated Lets a...
Medicare is a federal program that provides health insurance to retired individuals, regardless of their medical condition, and certain younger people with disabilities or end-stage renal disease. Here are some basic facts about Medicare that you should know. What...
In some cases, you have no choice–you need to use the funds. If so, try to minimize the tax impact. For example, if you have nontaxable after-tax contributions in your account, keep in mind that you can roll over just the taxable portion of your distribution and...
With group health insurance, a single policy covers the medical expenses of many different people. Unlike individual insurance, where each person’s risk potential is evaluated to determine insurability, group health insurance allows all eligible members of the...
While others may call themselves financial planners, only those who demonstrate the requisite experience, education, and ethical standards are awarded the CFP® mark. A CFP® agrees to adhere to a strict code of professional conduct described in the CFP Board’s...
Benefits of a will: Distributes property according to your wishes Names an executor to settle your estate Names a guardian for minor children Can create a trust While property that passes by will is subject to probate, property that passes by a trust, beneficiary...
*Annuity guarantees are subject to the claims-paying ability and financial strength of the annuity issuer. The guaranteed lifetime withdrawal benefit allows you to receive an annual income for the rest of your life without having to annuitize the annuity’s...
