Tax Planning Tips: Life Insurance
Life insurance contracts must meet IRS requirements For federal income tax purposes, an insurance contract cannot be considered a life insurance contract–and qualify for favorable tax treatment–unless it meets state law requirements and satisfies the IRS’s statutory definitions of what is or is not a life insurance policy. The IRS considers the type of policy, […]
Insuring Your Home Business
At-home business owners often make the mistake of assuming that their homeowners policy covers their business equipment. In fact, your homeowners policy may include little or no coverage for your business property and business liability exposure.
Balancing Your Investment Choices with Asset Allocation
The most popular approach is to look at what you’re investing for and how long you have to reach each goal. Those goals get balanced against your need for money to live on. The more secure your immediate income and the longer you have to pursue your investing goals, the more aggressively you might be able to invest for them.
Investing in Stocks
Although past performance is no guarantee of future results, stocks have historically provided a higher average annual rate of return over long periods of time than other investments, including bonds and cash alternatives.
6 Keys To More Successful Investing
A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you invest more successfully.
Investment Planning Throughout Retirement
While you’re working, your retirement objective generally is to grow retirement savings as much as possible, and investments that offer higher potential reward in exchange for greater potential for volatility and/or loss are often the focus for those retirement savings.
Do You Need Travel Insurance?
Soon you’ll be on your way, taking that trip you’ve looked forward to for ages–but suppose something happens. If you get sick, lose your suitcase, or have to cut your trip short, will any of your existing insurance policies cover your expenses or reimburse you for your losses?
7 Tips For Handling Market Volatility
Diversifying your investment portfolio is one of the key ways you can handle market volatility.
Six Keys to More Successful Investing
A successful investor maximizes gain and minimizes loss. Here are six basic principles that may help you invest more successfully.
Tax Planning For Annuities
The after-tax money you pay into an annuity (in the form of premiums) is nondeductible. By placing funds in an annuity, you will not realize any current income tax savings, which you might receive by putting money into a traditional IRA, 401(k) plan, or other employer-sponsored retirement plan.