Naming a life insurance policy’s beneficiaries should be a relatively simple task, but there are some situations that can lead to unintended and adverse consequences.
Purchasing a fixed annuity shifts the risk for future investment returns to the insurance company and could help create a pension-like income stream for retirement.
The median age of the U.S. population rose to a record high in 2022, a demographic trend that has implications for the economy and government programs like Social Security and Medicare.
Here are some things to consider when weighing potential tax moves before the end of the year.
Estimate the future value of your current savings.
How Long Will It Take to Pay my Balance?
How much do you need to save each year to meet your long-term financial goals?
Will you be able to afford nursing home care?