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 ...
What is Family Life Insurance?
Blog Author: Tom PetersonMost individuals are familiar with the term and concept of life insurance, but what about family life insurance? How is family life insurance different from any other life insurance policy? We’ll fill you in on the unique features and benefits of family life insurance and how it can provide ...
How to Help a Senior Parent Transition into Assisted Living
Blog Author: Kathy IngulsrudMoving often comes with stress and a long to-do list, and this can be especially true for an adult child and senior parent who has decided to move into assisted living. This transition may have been challenging to come to terms with, and even if it was easily determined, it can still be an ...
What is Legacy Life Insurance?
Blog Author: Tom PetersonMany individuals decide that one thing they would like to achieve in their lifetime is to leave a meaningful legacy or inheritance for their family and loved ones. One of the ways this is achieved is using legacy life insurance. Legacy life insurance is not a type of policy but rather a way of ...
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 ...
5 Travel Tips for Older Adults
Blog Author: Kathy IngulsrudTaking a trip can be a fun and exciting time, however the preparations before leaving for a small or grand adventure can be a bit stressful. From travel and lodging plans, to-do-lists, checklists and itineraries there is a lot of work to do. One area of preparation that often goes overlooked is ...
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 ...
Are You Satisfied With Your Medicare Advantage Plan?
Blog Author: Todd LewisonAre you satisfied with your Medicare Advantage plan? This is a question to ask yourself regularly. Although Medicare plans have many similarities, the benefits and coverage they provide can vary sometimes quite drastically! Therefore, if your Medicare plan isn’t providing coverage in areas that are ...
