Three years after passing sweeping new laws impacting retirement account owners and beneficiaries Congress is back at it. Both owners and beneficiaries should plan ahead to both take advantage of opportunities and protect wealth.
In uncertain times, our highest priority is helping our clients keep emotions out of investing and ensuring you remain focused on your long-term financial goals.
It’s been a long time since Savings Bonds issued by the US Treasury, of any flavor, have been appealing. However, a silver lining to the increased inflation we are currently experiencing is that savers can now take advantage of attractive Federal Series I Savings Bonds to earn more on idle cash sitting in deposit accounts.
An unexpected occurrence, such as a death, disability, or other personal loss, is certainly not the type of life event for which you can easily plan and often times it’s a topic that people choose to avoid thinking about altogether. “I’ll deal with this another day” they say to themselves. Yet the financial ramifications of putting it off can be staggering—not only for you, but for your family as well.
Whether you are just starting your career, in your peak earning years, or enjoying retirement, your insurance protection needs may change over time. Life cycle planning helps identify insurance needs that are common to particular stages of life.
Life insurance should be part of everyone’s plan – and it should evolve too.