2021-02-09 22:14
Nearly 60% of Americans do not have a home inventory of their possessions, and of those that do, 48% do not have any receipts evidencing their value.¹
It’s great to have insurance… Read More
Blog Directory > Finance Blogs > Life Insurance & Annuity Tips | JenniferLangFinancialServices.net finance Blog >
Life Insurance & Annuity Tips | Jenniferlangfinancialservices.net Blog
jenniferlangfinancialservices.net/blog
Tags:
insurance
premium limits
financial loss
security
valuation
penalties
stock market
healthcare costs
bonds
rate
Get No-Market Risk Retirement Planning and Life Insurance Planning Tips to Protect and Grow Your Income.
2021-02-09 22:10
Insurance is meant to protect you against financial loss. But is it really meant to protect you from any and all financial loss? When it comes to filing a loss claim on your home insurance… Read More
2021-02-09 22:08
Every year the Internal Revenue Service (IRS) releases its list of tax scams, spotlighting the myriad ways that people try to separate you from your money.¹
The “Dirty Dozen&rdquo&hell…Read More
2021-02-09 22:05
In February 2018, Jerome Powell was appointed as Chair of the Board of Governors of the Federal Reserve System. He became the 16th chair to take over the helm of the world’s most influ… Read More
2021-02-01 21:24
In the third quarter of 2019, more than 2,400 small businesses were sold. The median sale price was roughly $278,000, up 3.3% from 2018.1
As a business owner, ascertaining the value of your… Read More
2021-02-01 21:18
The city of Detroit emerged from bankruptcy in 2014. Still, its previous inability to pay investors left some questioning their long-held assumption about the relative safety of municipal bo… Read More
2021-02-01 21:11
Taking Social Security early comes at a cost in the form of lower monthly payments for the rest of your life.Why It Matters:
Considering all possible sources of funding aside from claiming S… Read More
2021-02-01 21:06
Though Medicare is available at age 65, that doesn’t mean it covers every healthcare expense.Why It Matters:
Budgeting for future healthcare costs can keep retirement finances on track… Read More
2021-01-24 18:21
While it may not have been the major headline, the most recent COVID-19 relief bill (Consolidated Appropriations Act, 2021) signed into law on December 27 included a change to the tax code… Read More
2021-01-21 06:00
In these days of self-directed retirement accounts, many people tie their savings to the stock market through 4 O 1(k) plans and I R As, which can do very well during a period of market… Read More
2021-01-19 20:59
Federal estate taxes have been a source of funding for the federal government almost since the U.S. was founded.In 1797, Congress instituted a system of federal stamps that were required on… Read More
2021-01-19 20:55
Buying a home is the single-largest financial commitment most people ever make. And sorting through mortgages involves a lot of critical choices. One of these is choosing between a fixed or… Read More
2021-01-19 20:50
Once you turn 65, the world of Medicare opens to you, and you also gain access to its offshoot supplemental programs. You likely know about Part A, Part B, Medicare Advantage, and other sec… Read More
2021-01-19 20:45
The IRS receives income information from employers and financial institutions. Individuals who overlook reported income are easily identified and may provoke greater scrutiny.No one wants to… Read More
2021-01-10 00:44
Stocks moved higher during a holiday-shortened week of trading, capping off a turbulent, but otherwise strong year for equity investors.The Dow Jones Industrial Average gained 1.35%, while t… Read More
2021-01-10 00:36
Hardly a day goes by that the topic of bitcoin or other cryptocurrency assets doesn’t come up in meetings with clients and prospects or from friends and relatives who want to know, &ld&hell…Read More
2021-01-10 00:31
This time of year, you might glance at an account statement and see there has been an adjustment. But there may not be any cause for concern.Many mutual funds in December pay shareholders ca… Read More
2021-01-10 00:25
The first week of 2021 has already had many ups and downs. Just because it’s a new year doesn’t mean that the 2020 issues go away, and so far, 2021 has been no exception to this… Read More
2021-01-05 04:08
There are a number of ways to fill gaps in your Medicare coverage and/or to get assistance with Medicare costs:
Job-based insurance: If you or your spouse is still working, and you have insu… Read More
2021-01-04 02:17
The more informed we are, the more informed our financial decisions may become. Imagine driving a car without a basic understanding of the rules of the road or even how to operate it. Scary… Read More
2021-01-04 02:07
Our brand-new, downloadable Tax Planning eBook can be a valuable resource when helping to stay prepared for the upcoming tax season. Download a copy now.By April 19, 2019, 137 million taxpay… Read More
2021-01-04 01:55
More than half of us have some level of investment in the market — mostly in retirement plans such as 401(k)s. Recent market volatility may have left you rethinking how much risk you&r&hell…Read More
2020-12-12 19:52
Age seems to affect hydration. Researchers aren't exactly sure why, but after age 50 your sense of thirst begins to fade. Dehydration is a health concern that's commonly overlooked in colder… Read More
2020-12-12 19:46
Troubleshooting is a big part of the checkup.You check in annually with your doctor, your dentist, and even your mechanic, but what about your pharmacist? After all, the average American age… Read More
2020-12-12 19:41
What if your basic expenses can't be covered by your existing sources of dependable income?There's no straight line to follow when it comes to crafting a solid retirement plan. But the final… Read More
2020-12-12 19:34
Carving out a place in your budget for the activities you love is important as you work toward your goals.Every January millions of Americans make resolutions. This year, make one of your go… Read More
2020-12-06 18:43
Help make your holidays a little more stress free when you use these tips for managing your gift giving.Imagine checking off everyone on your gift list and still having money left in the hol… Read More
2020-12-06 06:00
Dreaming up your vision for the future is the fun part, but a key to connecting emotional fulfillment and financial well‑being is balance.It may sound simple, but thinking about what w… Read More
2020-12-05 06:00
What will you do if you achieve your financial goals in the new year? The truth about New Year’s resolutions is that they often get abandoned before they’re reached. Of 2,011 Ame… Read More
2020-12-04 06:00
What have retirement investors faced with other event-driven market situations?If you have any money in the market, chances are you have heard of recent slumps in U.S. market indexes.
From F… Read More
2020-11-20 19:16
An appropriate retirement plan will have a variety of investment accounts, which allows for money to be used for different reasons.For as long as you've been working, you've been diligently… Read More
2020-11-20 19:06
Inheritance is typically the only time in a lifetime that you'll receive an infusion of money that wasn't earned.Using an inheritance to boost your current lifestyle can be tempting. In fact… Read More
2020-11-20 06:00
Jump on these tax perks for those age 50 and older to save even more of your money for the future.
Ever since you started working, you’ve set aside a sizeable piece of your paycheck f… Read More
2020-11-20 06:00
Before you talk money with your grandkids, however, as with any advice you give them, it's wise to check with their parents first.It's never too early to learn about money, and grandparents… Read More
2020-11-13 20:00
With the early effects of the pandemic now more in the rearview (and with the uncertainty of what lies ahead), many Americans are also rethinking their finances and improving their financial… Read More
2020-11-13 19:35
The average Social Security recipient will see a monthly bump-up of about $20 overall.Starting on January 1, 2021, Social Security beneficiaries will see a boost in their benefits. Over 70 m… Read More
2020-11-13 19:24
One of the ways that you can guard your retirement income against these risks is with an annuity. Sequence risk is the risk that you will take a big loss early on in the life of an investmen… Read More
2020-11-13 19:12
Depending on the specifics of your coverage and how often you use the healthcare system, your out-of-pocket costs could reach well into six-figure territory over the course of your retiremen… Read More
2020-11-08 20:04
Everyone faces challenges to some extent when moving into retirement. Even those with the best-laid plans can still have some financial hiccups. And with everything that has happened in rece… Read More
2020-11-08 19:55
Your appeal will have less credence if the market evaluation is made by a local real estate agent.Between 30 percent and 60 percent of taxable property has an inflated assessment, which may… Read More
2020-11-08 19:51
Individuals with significant assets may want to consider attaching an umbrella policy to their homeowner’s policy.Purchasing homeowner’s insurance is not only critical for protec… Read More
2020-11-08 19:45
Men and women can learn from each other when it comes to retirement planning.You may remember the best-selling book Men Are from Mars, Women Are from Venus, by John Gray. It was a cultural p… Read More
2020-11-01 21:10
According to Spectrem Group, an investor research firm, one of the biggest fears for investors in 2019 was a market downturn and ensuing economic downturn.There is no doubt that the pandemic… Read More
2020-11-01 21:04
When shopping for insurance, you should always ask your insurance agent what the premium costs are at each available deductible level.An insurance deductible is the amount you, the insured… Read More
2020-11-01 20:58
Withdrawals from your 401(k) or other defined contribution plans are taxed as ordinary income, and if taken before age 59½, may be subject to a 10% federal income tax penalty.Who amon… Read More
2020-11-01 20:51
Whether you sell or stay, big home improvement projects are expensive.Are you thinking of downsizing from your current home or getting another place that better fits your needs? Deciding whe… Read More
2020-10-25 17:52
Estate planning doesn't have to be complicated. There are a wealth of private and public resources available to help you through all phases of securing care for your child.The need to care f… Read More
2020-10-25 17:39
Where can you put your money and get a higher rate of return than what the banks can pay right now?If you are looking for a decent rate for your money, your local bank might not offer much t… Read More
2020-10-25 17:30
You can stay relaxed and calm your nervous system by paying attention to your breathing.In today’s hectic world, it’s easy to feel distracted. That’s probably why mindfulne… Read More
2020-10-25 17:07
Remember that knowledge is power, and the more you understand about economic trends, the less overwhelming it may feel when the market takes a sharp drop.No one could have predicted the outb… Read More
2020-10-16 19:50
If you adopt all of these behaviors, you'll be on your way to living a longer, healthier life. Every single one of us is aging, but some people seem to age better than others. While you can… Read More
2020-10-16 19:45
The key distinction for determining if a personally owned car may need commercial auto insurance coverage is whether the vehicle is used for any business-related purpose.For small business o… Read More
2020-10-16 19:39
Divorce can be an emotionally and financially challenging life event. In the face of the many possible adjustments divorce entails, making changes to insurance coverage may be overlooked.
He… Read More
2020-10-16 19:32
Your discretionary spending might be down already, but there may be even more room to tighten your budget. Major events that upset the economy, such as the COVID-19 pandemic, can leave many… Read More
2020-10-15 05:00
Your discretionary spending might be down already, but there may be even more room to tighten your budget. Major events that upset the economy, such as the COVID-19 pandemic, can leave many… Read More
2020-10-09 17:11
An investor can't afford a turnover when they are within a few years of retirement.Consider it the new normal: planning for financial success in uncertain times. While it can be tempting to… Read More
2020-10-09 17:02
If you are a caregiver for a loved one, these tips can keep burnout at bay and ease some of the challenges you're facing.As the number of older Americans continues to increase, so does the n… Read More
2020-10-09 16:58
When you own a small business or freelance, paying yourself first for retirement is a solid strategy. But, it’s not always easy. Economic downturns may tempt you to put saving on hold… Read More
2020-10-09 05:00
The more money you put an away, the more choices you have in retirement.If you are age 50 or older and are still working for someone else, you have a great opportunity to play catch-up. In 2… Read More
2020-10-05 17:02
The addition of an annuity with a guaranteed minimum withdrawal benefits retirement portfolios—replacing cash or fixed-income allocations. It increases total income while it decreases… Read More
2020-10-05 16:52
Generally, most taxpayers will avoid this penalty if they owe less than $1,000 in taxes after subtracting their withholdings and credits.You may have to make estimated tax payments if you ea… Read More
2020-10-05 16:45
A D&O insurance policy provides financial protection for managers against claims arising from actual or alleged “wrongful acts” of directors and officers acting within the sc… Read More
2020-09-25 19:20
At age 50, workers in certain qualified retirement plans are able to begin making annual catch-up contributions in addition to their normal contributions.Most children stop being “and… Read More
2020-09-25 19:16
A retired household faces three types of health care expenses.In a 2020 survey, 36% of all workers reported they were either “not too” or “not at all” confident that… Read More
2020-09-25 19:07
If you are donating art to a private tax-exempt organization, e.g., a private foundation, your deduction will be based on the price you paid for the donated art.The varied reasons to donate… Read More
2020-09-25 05:00
Your current expenses and level of spending right now are great clue-ins for the future.Paying the bills after you retire is quite different from during your career. After all, the income yo… Read More
2020-09-20 16:32
Many of us grew up with the concept that making regular, periodic contributions to our retirement account was a sound investment strategy. The idea was that, in a fluctuating market, regular… Read More
2020-09-20 16:19
Are you saving enough for retirement?One survey found that 79% of small business owners expect at least some of their retirement income to come from tax-advantaged retirement savings account… Read More
2020-09-20 16:06
MYGAs usually have terms that last anywhere from 3 to 10 years.For retirement savers wanting more growth potential than what CDs and other fixed-interest assets might offer, fixed index annu… Read More
2020-09-20 15:56
Of those aged 65 and older, 10 to 20 percent have mild cognitive impairment. In addition, women have a 1 in 6 chance — and men have a 1 in 11 chance — of developing Alzheimer&rsq&hell…Read More
2020-09-11 17:42
Recent tax law changes represent a good reason to revisit your existing approach to estate management.When the rules of the game change, tactics should follow in response to the new landscap… Read More
2020-09-11 16:02
These are just some of the tax-saving strategies that you can use to lower your tax bill.A lot has happened in 2020, from the novel coronavirus and its effects on the economy to Congress add… Read More
2020-09-10 21:49
The income rider ensures that you will receive an income stream that is contractually guaranteed for the rest of your life.The modern financial landscape for today's retirees is quite differ… Read More
2020-09-04 00:27
There are a few common types of universal life insurance policies and it’s crucial to understand what you’re buying.If you’re in the market for life insurance, there are pl… Read More
2020-09-04 00:10
A living trust is a popular consideration in many estate strategy conversations, but its appropriateness will depend upon your individual needs and objectives.
What is a living trust?
A livi… Read More
2020-09-04 00:01
What’s the point in growing a tax-free account if the government can take it all back in the future with higher taxes?In the past, we’ve talked about planning for retirement.&nbs&hell…Read More
2020-08-29 05:00
Having a policy to draw from can take the pressure off investment accounts if the market is sluggish, giving them time to rebound.If you’re one of the millions of Americans who owns a… Read More
2020-08-29 05:00
Determining whether an ETF or a mutual fund is appropriate for your portfolio may require an in-depth knowledge of how both investments operate.The growth of exchange-traded funds (ETFs) has… Read More
2020-08-27 21:06
Dividing assets may sound simple but it can be quite complex.The latest research suggests that divorce rates in the U.S. have been falling in recent decades. Still, many people face the diff… Read More
2020-08-27 20:54
It’s important to remember that any amount of life insurance is better than none at all.COVID-19 has led families to cancel travel plans, get (semi!) comfortable with homeschool… Read More
2020-08-21 18:52
Indexed Universal Life’s earnings rate is pegged to a financial index such as a stock index.According to LIMRA, indexed universal life insurance policy premiums increased 23% in 2014… Read More
2020-08-21 18:37
The choice of business structure is not an irreversible decision.In March 2015, about 679,072 new business had been created in the preceding year.¹ All individuals pursuing the dream of… Read More
2020-08-21 18:28
Have a pension? Consider other sources of guaranteed income for living expenses.Earlier in your career, you focused on saving and growing your money so you could pursue your financial goals… Read More
2020-08-20 18:38
Aging-in-place is a much-desired goal for most retirees.With record numbers of baby boomers retiring, many new trends are coming into the retirement landscape. Among boomers, there is one gr… Read More
2020-08-14 18:01
Did you know that...
Fifty-eight percent of American workers have no private short-term disability insurance.1,2Thirty-four percent of working people in the U.S. lack private long-term disab… Read More
2020-08-14 17:56
A bucket plan can help you be better prepared for a comfortable retirement.John and Mary are nearing retirement and they have a lot of items on their bucket list. Longer life expectancies me… Read More
2020-08-14 17:50
Crowdfunding continues to gain momentum as more people search the Internet for new financing choices and fundraising alternatives.One of the earliest examples of crowdfunding occurred in 188… Read More
2020-08-14 03:44
Generations Xers were the most concerned about saving for retirement.Franklin Templeton's annual Retirement Income Strategies and Expectations Survey (RISE Survey) was recently released for… Read More
2020-08-14 00:38
According to the Small Business Administration (SBA), insufficient or delayed financing is the second most common reason for business failure.At JenniferLangFinancialServices.com, we help s… Read More
2020-08-13 21:33
Routinely review your Official Personnel Folder (OPF) for accuracy. As a postal or federal employee, you have high-quality federal benefits. In time, they will play directly into your retire… Read More
2020-08-11 05:00
It’s important to understand the differences between a Roth IRA and life insurance. In a few ways, a Roth IRA and life insurance share some similarities. They both receive tax-advantag… Read More
2020-08-10 16:08
Certain financial documents can outline your financial wishes.Do you have a will?A will enables you to specify who you want to inherit your property and other assets. A will also enables you… Read More
2020-08-10 16:03
As obvious and simple as these precautions may sound, some businesses fall victim to cyber-attacks because of their failure to take them.One study found that 43% of cyber attacks target smal… Read More
2020-08-10 04:30
Failure to diversify tax liabilities at retirement may negatively impact retirement income.Many people know about life insurance and how it may give financial protection. What about using li… Read More
2020-08-07 17:53
When deciding how to allocate investments, many start by taking into account their time horizon, risk tolerance, and specific goals.Everyone loves a winner. If an investment is successful, m… Read More
2020-08-02 19:35
Outlined below are the circumstances under which individuals may withdraw from an IRA prior to age 59½, without a tax penalty. The reason withdrawals from an Traditional Individual Re… Read More
2020-08-02 19:30
Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops… Read More
2020-08-01 20:08
Safer alternatives to the stock market.Annuities can bring more stability and certainty to a retirement portfolio. But how do you know you are getting a good deal for your money?
The biggest… Read More
2020-07-31 22:16
No matter how you decide to structure your investments, don’t forget it's always a smart move to speak with your financial professional before making a major change.Many investors are… Read More
2020-07-26 18:24
Using an app to help with your personal finances may be a great first step in becoming a better money manager.Mobile applications have become ubiquitous. While many of these apps are games a… Read More
Subscribe to Life Insurance & Annuity Tips | Jenniferlangfinancialservices.net
Get updates delivered right to your inbox!