… [Read more...] about Infograpic: Intellectual Property of the Estate
Annuities Basics: Frequently Asked Questions
In this blog post, Eric discusses annuities basics and most frequently asked questions. She delves into the advantages of annuities, as well its disadvantages. Additionally, she describes the five types of annuities that you may come across. What are annuities? When a person invests in an annuity, that person is setting the stage to receive income in the future, with a set date … [Read more...] about Annuities Basics: Frequently Asked Questions
Protecting Seniors from Financial Abuse: When is it too much?
Protecting our loved ones is one of our main duties in life, especially when it comes to the elderly. Protecting seniors help restrict people with cruel intentions from taking advantage of the elderly's trusting nature, preventing elder abuse and financial abuse. But when is it too restrictive and disrespectful to a senior? The elderly fall into the easily deceived category … [Read more...] about Protecting Seniors from Financial Abuse: When is it too much?
When Death, Disability or Divorce Triggers A Retirement Plan Distribution
Death or Disability Death triggers a retirement plan distribution to the beneficiary (make sure this is up-to-date, or it will go to your probatable estate). If this is a pension, a lifetime annuity for the spouse may be created, if it wasn't waived by the deceased (this is a Qualified Preretirement Survivor Annuity, or QPSA) With disability, it triggers a retirement plan … [Read more...] about When Death, Disability or Divorce Triggers A Retirement Plan Distribution
Financial Independence Through The Right Habits & Knowledge
Erin Bui chats about helpful tips on keeping your debt in check (avoid consumer debt like the plague), having your emergency fund, learning about insurance and investments, and basic budgeting and saving habits we should adopt. Her goal is financial independence and she is right on track! Financial independence and stability is my goal. I want to start managing my life without … [Read more...] about Financial Independence Through The Right Habits & Knowledge