A common misconception by Americans is that their tax bills will reduce after retirement. While taxes are likely to be lower in retirement, retirees can lose up to 30 percent of retirement income to tax without efficient tax planning. While not all of your retirement income will be taxable, the introduction of tax-deferred options and the existence … Read more
Bankruptcy is a legal procedure that allows businesses and individuals to be free of their debts. When a person or organization is unable to cover their current liabilities or make payments to the creditors, he declares bankruptcy. The process for bankruptcy occurs when either the debtor or a creditor files a petition. Debtors are entities … Read more
To be candid, finding the right leads as insurance agents is becoming more difficult now more than ever. You often find yourself reaching out to the wrong set of people, and when you meet the seemingly right set of people, converting them becomes a big deal. It could be that your competitors are putting in … Read more
You have reached financial hardship and are wondering whether bankruptcy is the right debt relief option for you. If you’re in a quagmire as to filing for either Chapter 7 or Chapter 13 bankruptcy, then you might want to educate yourself on the differences to prevent making the wrong decision. Some things to watch out … Read more
Are you thinking of buying a property? Whether it’s a forever home for your family or just for investment, one of the most important things you should secure first is that you’re using the correct financing. By knowing the different options, you’ll be able to find one that is most suitable for your needs. That … Read more
Life Insurance and the Suicide Clause Life insurance can cover suicide in some cases, to an extent, and sometimes not at all. The truth is that there is a broad range of possibilities for what the life insurance company will do after such a death. That’s why most term and whole life insurance policies will … Read more