Money Talk

MARCH 15, 2023

An annuity is a contract between an investor and a life insurance company. Annuities are sold by insurance agents, stock brokers, and other financial advisors. To convert life insurance policy cash value into income and stop making premium payments, 3. For a guaranteed lifetime income stream, and 4.

401(k) 244

401(k) Life Insurance Taxes Insurance 244

Money Talk

OCTOBER 13, 2021

. ¨ Purchase Adequate Insurance - Protect dependents against the loss of a breadwinner’s income with life insurance and buy disability insurance to provide continued income following an accident or illness. Increase your Financial Knowledge - Learn one new thing every day about personal finance.

Net Pay 100

Net Pay Disability Insurance Take Home Pay Life Insurance 100

cipHR

JUNE 29, 2023

One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

Food 52

Food Payroll Bonuses Insurance 52

Money Talk

SEPTEMBER 17, 2022

I recently attended a local estate planning seminar geared for- and marketed to- older adults. In addition, he distributed a so-called “Consumer Survey” at the end, ostensibly to solicit feedback on the seminar but primarily to harvest participants’ personal information (e.g., Sadly, I found some. The title on assets (e.g.,

Life Insurance 245

Life Insurance Banking Taxes Finance 245

Money Talk

SEPTEMBER 12, 2024

This post describes five changes in income and expenses that widowed persons can expect: Reduced Income - I heard this example at a recent seminar. This is a 40% “haircut,” which some couples cover with spousal gifts, annuities, and/or life insurance.

Pension 162

Pension Pension Benefit Taxes Entertainment 162

Money Talk

JULY 7, 2021

changes in insurers), if provided by a former employer ¨ Budget for health care costs in retirement (e.g., changes in insurers), if provided by a former employer ¨ Budget for health care costs in retirement (e.g.,

Deductions 100

Deductions Deductible Taxes Health Insurance 100