To better understand these solutions and how they work, here are common annuity and life insurance terms you may come across when exploring these financial solutions.
If you’re like many people in their working years, you may regularly contribute to your retirement accounts to build your savings for the future. An important thing to remember is that once you reach a certain age, you will be required to start taking withdrawals (also known as required minimum distributions, or RMDs) from certain accounts and pay income taxes.
While crowdfunding has gained popularity, it isn’t a guarantee. Life insurance, however, can provide a guaranteed death benefit to your loved ones – and it can be more affordable than you may think.
Financial literacy is a major concern for many. So much so, there's an entire month, April, designated as National Financial Literacy Month. Despite this, the unfortunate truth is that financial literacy is often something many Americans struggle with. You can become financially literate so you can confidently manage budgets, debt investments, retirement, emergencies, and savings. Here’s what you need to know.
