Essential Financial Skills to Teach Your Teenager
As your teenager gains independence, financial decision-making becomes an increasingly important part of their daily life. Between mobile payment platforms, e-commerce, and spending pressures from social media, young people today face more opportunities for hasty financial choices than ever before. This makes the present moment ideal for establishing sound money management practices that will serve […]
Ten Ways to Lower the Cost of Disability Income Insurance
What is it? If you don’t have disability income insurance because you can’t afford the premiums, you should know that there are several strategies you can use to make disability coverage more affordable. These strategies include eliminating coverage you don’t need, buying less than maximum coverage, and assuming more of the risk of funding your […]
ABLE Accounts and Special Needs Trusts: What to Know
Millions of Americans with disabilities depend on a wide variety of public benefits for income, health care, food, and housing. Many of these benefits are means-tested, meaning that they impose limits on participants’ income, assets, or both. Those limits can vary between states and between programs. The ABLE Act Offers More Possibilities The federal Achieving […]
Life Insurance as an Asset
Obtaining life insurance is a benchmark for many adults when building their portfolio. Earning income is one thing but protecting it for your loved ones upon your death is quite another. The primary objective of life insurance is providing that financial support after you’ve passed, but there are other benefits to permanent life insurance that […]