Taxes on life insurance: Here’s when proceeds are taxable KELLY ANNE [email protected] MAY 13, 2019 in PERSONAL FINANCE At Bankrate, we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money. Cavan Images/Getty Images Life insurance: It isn’t a fun topic to think about, but it’s an important investment that can protect and … [Read more...] about Taxes on life insurance: Here’s when proceeds are taxable
Why you should keep your New Year's resolution to get life insurance Jessy Bains Yahoo Finance Canada January 28, 2019 (Getty) We’re well into 2019 and New Year’s resolutions are probably being broken. If getting life insurance was one of them, you might want to consider sticking to it – the longer you put it off, the more it could cost you down the road. “Even if the need isn’t immediate, buying life insurance now is a smart decision: the younger and healthier you are, … [Read more...] about Why you should keep your New Year’s resolution to get life insurance
Dec 23, 2018 5 Basic Financial Steps Too Simple Not To Take John Schneider and David AutenContributor Personal FinanceCashing in on fabulous with queer money. Financial professionals and novices alike often make money harder than needed. Taking charge of your financial life can seem daunting only because there’s so much to consider. 5 Basic Financial Steps To Simple Not To TakeGETTY Save three to six months’ worth of living expenses in an emergency savings account. … [Read more...] about 5 Basic Financial Steps Too Simple Not To Take
Things to Consider While Choosing Best Term Insurance Plan Prash B 17 Dec 2018 Most of us depend on financial advisors and chartered accounts to make financial decisions for us. On their advice, we buy insurance for tax benefits or as an investment. Some of us buy policies just because the agent is known to us or recommended by an acquaintance. What this means is that we buy policies that in most cases we do not need or is not suitable for us. We need to … [Read more...] about Things to Consider While Choosing Best Term Insurance Plan
What To Do After You've Purchased A Life Insurance Policy Catherine Schnaubelt Contributor Retirement I write about retirement and wealth transfer planning. GETTY Many factors go into purchasing a life insurance policy that suits your needs. And, like any part of your overall financial plan, your insurance program doesn’t end once you’ve decided on a policy and purchased it. Certain decisions and actions should be taken over the policy’s life, beginning … [Read more...] about What To Do After You’ve Purchased A Life Insurance Policy
How Much Life Insurance Do You Need? Determine the type of policy that's most valuable to you and the amount of coverage you'll need. By Maryalene LaPonsie, Contributor Dec. 6, 2018, at 12:00 p.m. How Much Life Insurance Do You Need? To best determine how much life insurance you will need, talk to a professional advisor. (WESTEND61/GETTY IMAGES) LIFE INSURANCE HAS garnered a reputation for being difficult to understand. Terms like whole life, portability and riders can … [Read more...] about How Much Life Insurance Do You Need?
Choosing A Life Insurance Policy To Meet Your Needs Catherine Schnaubelt Contributor Retirement writes about retirement and wealth transfer planning. Life Insurance Calculator GETTY Any good wealth management plan involves the periodic evaluation of your financial goals and objectives—and a well-designed approach to help achieve them. Although often overlooked as a planning tool, life insurance can serve a broad spectrum of needs for individuals, families and … [Read more...] about Choosing A Life Insurance Policy To Meet Your Needs
Make most of your life insurance cover, add these Term insurance riders December 1, 2018 11:17 AM Under a term insurance policy, the policyholder also enjoys the prerogative of choosing different options along with the policy in order to get enhanced and overall protection. When you plan to buy a life insurance policy, you must always consider buying a term insurance plan. When you plan to buy a life insurance policy, you must always consider buying a term insurance … [Read more...] about Make most of your life insurance coverage, add these Term Insurance Riders
MONEY SMART WOMEN Keep Your Options Open as a Stay-at-Home Mom When taking time off from the workforce, it’s important to preserve your earning power and plan for retirement. Getty Images By JANET BODNAR, Editor-at-Large November 29, 2018 From Kiplinger's Personal Finance When I first met Variny Yim, she had just had her second child and moved across the country to California. But she was still commuting to Washington, D.C., as part of her job as director of a … [Read more...] about Keep Your Options Open as a Stay-at-Home Mom
How Does Life Insurance Work? Life Insurance Calculator Answers to Common Life Insurance Questions If you have questions about how life insurance works, we’re here to help, with some great insights from State Farm® Agents Denise Elliott (Durango, Colorado) and Ken Quach (Houston, Texas). They get a lot of questions not only about how life insurance works when you die, but how it works in the here and now too. The Basics The main reason people buy life insurance is to protect … [Read more...] about How Does Life Insurance Work?