How Twin City Underwriters Offers a Better Insurance Experience
Blog Author: Kathy IngulsrudUnderstanding insurance options and making insurance decisions with confidence is no easy feat. Fortunately, you don't have to do it alone. The trusted and experienced team of insurance professionals at Twin City Underwriters are dedicated to providing you with a better insurance experience. We ...
Does Medicare Cover Long-Term Care?
Blog Author: Kari MelloneRecent studies estimate that at least 70% of older adults aged 65 years and older will require long-term care at some point. Long-term care costs vary throughout the country, but according to the annual Cost of Care Survey from insurance company Genworth, estimates that the average yearly cost for ...
Are Annuities a Good Investment for Retirement Planning?
Blog Author: Kari MelloneRetirement planning should be an essential aspect of each individual’s life. The timing and tactics are often quite varied. Still, it is something that every person needs to make an effort to accomplish throughout their working years to ensure that they can live a happy and comfortable life in ...
MYGA’s vs. Fixed Annuities: What Sets Them Apart?
Blog Author: Kari MelloneAnnuities can provide individuals with significant value in retirement planning, such as increasing savings, managing tax exposure, or providing guaranteed income. Understanding the different types of annuities and assessing their suitability for one’s financial goals is crucial in determining ...
Should I Buy an Annuity in 2024?
Blog Author: Kari MelloneAre you wondering if now is the right time to purchase that annuity you’ve been considering? You are not alone, and timing plays a crucial role in purchasing and using an annuity as a wealth-building tool for future financial success. It affects your investment amount, potential gains, and the ...
Annuity Withdrawals: Strategies for Maximizing Income
Blog Author: Kari MelloneMaximizing your return is the goal of any investment, and annuities are no different. Making the most of your annuity investment requires not only a strategy grounded in planning and knowledge, but selecting the right structure for your withdrawals is imperative to ensure you have the best possible ...
Tax Implications of Annuities: What You Need to Know
Blog Author: Kari MelloneAn annuity can be a great way to build wealth and prepare for financial success in the future. One of the most important factors to consider when choosing an annuity is the taxation of the profits you generate from this investment vehicle. Different types of annuities are taxed differently, and ...
Why Timing is Everything When Buying an Annuity
Blog Author: Kari MelloneAn annuity can be a great way to build wealth and prepare for financial success in the future. One of the most important factors when it comes to purchasing an annuity is timing. Timing will influence how much you invest, how much you will gain and the significance your annuity will make on your ...
What is an Inflation Protected Annuity?
Blog Author: Kari MelloneInflation.. it may be more of a concern than ever before. Because of this you are likely considering all the ways you can save and protect your financial future from the impacts of inflation. With rising costs being a significant concern for all, especially retirees, an inflation-protected annuity ...
