{3:12 minutes to read} Today I want to talk about qualified plan accounts as an approach to purchasing life insurance as part of your retirement plan. Qualified plans include: 401(k); Profit-sharing; Money purchase; and Defined benefit plans. As people get older and accumulate wealth, these qualified plan accounts could potentially represent a very attractive way for
Life insurance is protected, unlike most other assets. Let’s compare – if I had a policy that had a $200,000 cash value in it, versus if I had $200,000 in a bank account in my name. Those two assets, depending upon the state that I live in, could be treated very differently. A creditor might
I want to introduce you to our new video called “The Road Less Traveled.” This video will help you understand the unique financial asset that is whole life insurance. It will walk you through a story about how life insurance creates a lot of value for you, despite it not being a popular choice of
This article documents the concept of how life insurance can be used to allow an insured policy owner to spend and enjoy his/her wealth in a better way than if he/she did not have life insurance. Ed Grinberg, the author of this article, was a trust and estate attorney for many years until he became
(they just don’t know it) By Michael Fliegelman, CLU, ChFC, AEP, CLCT, RFC Sometimes in life we think we see things clearly, but might be missing something entirely. The best analogy is the arrow in the FEDEX logo. Most people do not see the arrow but it is there and has always been there. Similarly
DATELINE: WASHINGTON Jan. 28 WASHINGTON, Jan. 28 /PRNewswire/ -- During one of the most unsettled periods in recent financial history, author and investment guru John E. Girouard ( http://www.johngirouard.com/ ) is warning people to think twice before moving their money into bank CDs and money market funds. He says the ultimate bomb shelter during scary
