Annuity & Insurance Agency
When it comes to saving for retirement, there are many options. Two of the most popular are the 401k and the Roth 401k. This guide will compare and contrast these two options and help you decide which is correct. Remember that everyone’s situation is different, so you should speak with a financial advisor for specific …
You’re 40 years old, and you’ve been working for about 20 of them. You’ve contributed to your 401k faithfully, but you’re unsure how much you should have saved. How much is enough? This question can be tough to answer, but we’ll do our best to help you figure it out. Keep reading to learn more! …
How Much Money Should I Have in Retirement Savings By Age 40? Read More »
When it comes to retirement planning, there are many different options. One option that may be unfamiliar to some is the non-qualified annuity. This guide will explore non-qualified annuities and how they differ from qualified annuities. We will also discuss the reasons why you should consider them. Let’s begin our journey. “A non-qualified annuity is …
Life insurance is a vital part of any financial plan as it helps to protect your loved ones from financial hardship in the event of your untimely demise. However, with the ongoing COVID-19 pandemic, many people wonder if their life insurance policies cover death due to COVID-19. In this guide, we will discuss the impact …
If you have an annuity or life insurance policy, it’s essential to understand the cash surrender value. You can receive this amount if you decide to cancel your policy. In this guide, we will explain what the cash surrender value is and how it works. We will also discuss when it might be a good …
This guide will go over the best-fixed index annuity at the moment. Then, I will break down the best-fixed index annuities into the following categories: Note: These fixed index annuities can change at any time, vary by state, and may not be available in your state. Contact us below to find the best-fixed index annuity …
What Is The Washington State Long Term Care Tax? Washington State has a new law called the Washington Long Term Care Trust Act, which requires employees to contribute a new payroll tax called the Washington Long-Term Care Tax that will tax people’s wages to pay for long-term care benefits in the future. The law is …
How To Opt-Out Of The Washington Long Term Care Tax Read More »
Annuitant vs. beneficiary, what’s the difference? This is a question many people are asking themselves and a topic discussed in the annuity community for years. This guide will discuss some critical differences between annuitants and beneficiaries to help determine which one you should be! The Annuity Contract Setup An annuity is a contract between a …
Annuitant vs. Beneficiary: What’s The Difference? Read More »
When it comes to retirement savings, after-tax retirement plans or Roth retirement plans are a big question. So which one should you choose? This guide will compare after-tax retirement plans, Roth IRA, and Roth 401(k) plans to help you decide which type of account is best for your situation. After-Tax vs. Roth Contribution Type After-Tax …
457 vs. Roth IRA? It can often be challenging to decide which type of retirement account is best for you. 457s and Roth IRAs are both great options, but each has advantages and disadvantages. In this guide, we will break down the pros and cons of a 457 plan and a Roth IRA so that …