Articles

Buying life insurance is a big commitment and the application process can be lengthy, but you are relying on the financial soundness of the life insurer to ensure that it will live up to its obligations should you pass. Fortunately, there is a method for gauging an...

If you are trying to reduce your tax burden in retirement, one way to do that is to make a charitable contribution from funds in a traditional or Roth individual retirement account. There are multiple benefits to you for making a qualified charitable distribution. The...

Big changes are coming to Medicare Part D drug plans in 2024 and 2025 that will significantly reduce the out-of-pocket costs for seniors, and for many of them eliminate the restrictions of the "donut hole." The rules were part of last year's Inflation Reduction Act,...

Health professionals encourage home care for recovery when it is possible, and insurance companies may encourage it as well to reduce the cost of care for themselves and patients. Additionally, as more baby boomers enter their golden years and wrestle with the onset...

Having a life insurance policy is a must for anyone with a family reliant upon their income. If you were to die without a life policy to protect your family, they could very easily find themselves in an insurmountable financial crisis. A life insurance policy works to...

Too many families and small business owners overlook the foundational financial planning step of getting sufficient life insurance protection in place. According to LIMRA, about 48% of U.S. families are significantly underinsured, and about 37 million Americans have...

One of the daunting issues that hangs over many people's picture of their ideal retirement is the tax implications when they start withdrawing funds from their 401(k) plan or IRA. If you've been diligent about socking money away in your retirement plans, your income...

After the kitchen, the garage is the second-most common place in the home where fires start. There are some 6,600 garage fires that cause an estimated $457 million in property losses every year, according to the U.S. Fire Administration. The danger is that these...

As weather systems and storms grow more frequent, more severe — and wetter — more areas that were once considered safe from flooding are now exposed. That puts many homeowners in a quandary. They may live in an area that's considered low risk by the Federal Emergency...

Many homeowners who are renovating their homes, or building a new one, make the expensive mistake of not securing additional coverage during the construction phase. A fire may destroy your materials and equipment, or thieves clean you out in the dead of night. When...

The majority of homeowner's insurance policies have what's known as "replacement coverage," which will cover the costs of repairs or reconstruction to rebuild your home to its original state after a covered event. But thanks to rising costs of construction, including...

Regulations enacted in late 2022 require insurance companies in California to recognize and reward homeowners that take steps to harden and protect their homes from wildfire risk. The regulation is aimed at bringing some semblance of relief for homeowners in areas...