What is a Life Insurance Ladder Strategy?
Posted: July 7, 2021
If you have family members you love, it is imperative that you protect them by putting a life insurance policy in place. A "ladder" strategy is a technique in which you purchase several term life insurance policies with a range of term periods rather than buying a single policy. Calculating the Financial Needs of Your Loved Ones The process starts with calculating your family's projected...
Do I Need Business Insurance for my LLC?
Posted: July 4, 2021
If you established a limited liability company (LLC), you chose that type of entity for the protection it provides to your personal assets, along with the tax benefits. Unfortunately, even an LLC cannot entirely protect you from some risks. While your personal assets are generally protected, in certain situations, you have almost zero protection. For example, without business insurance, a slip and fall injury accident...
Before Your Last Summer Road Trip, Check Your Car Insurance
Posted: July 1, 2021
If you are planning a last summer road trip, your insurance matters more than ever. An auto accident is most likely to occur in the summer months, with August and September topping the list, as reported by the NHTSA (National Highway Traffic Safety Administration). The streets, roads, and highways are busy, with drivers operating large RVs who may be unfamiliar with the area or be...
An In-Depth Look Into Employer 401(k) Contribution
Posted: June 28, 2021
You are fortunate if you work for a company that offers a 401(k) plan as part of its benefits package. Most plans allow employees to start contributing tax-deferred dollars toward retirement with the first paycheck. Many employers provide matching contributions right away, although some require a year of service before employer matches begin. How do your employer’s 401(k) contributions measure up to other plans? The...
Have a Safe and Happy July Fourth Holiday
Posted: June 28, 2021
Gearing up for the Fourth of July holiday likely means family picnics, being outside and enjoying a fireworks display. But have you ever wondered how long can you let food sit out before it starts to go bad? Or when your next-door neighbor surprises the kiddos with sparklers and firecrackers, how do you make sure everyone stays safe? You’ve got questions – we’ve got you covered....