Monthly Archives August 2017

6 Things You Need to Know About Your Life Insurance Policy

Perhaps your employer provides you with an insurance policy, but you don’t really know how it works. Or, you purchased your own policy years ago, but forgot the specifics. We understand; life insurance isn’t always the most fascinating topic, so who can remember all of the details of their policy? But of course, you should certainly review your knowledge every few years, to help ensure that you’re enrolled in the policy best suited to your needs. So ask yourself these questions, and give us a call if you have trouble with any of the answers. What type of life insurance
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Categories: Blog.

5 Things to Know About Your Paycheck

Like almost everyone else in the country, you receive your paycheck at predictable intervals. You deposit it, pay your bills, and life goes on. But do you ever really look at your paycheck? Take a second look at your next pay stub, and consider these five facts. You and your employer split FICA (Federal Insurance Contribution Act) taxes. If you look at your last paycheck, you’ll see that 6.2 percent of it went to Social Security and another 1.45 went to Medicare. Your employer foots an equal amount of taxes, bringing your total FICA contribution to 15.3 percent. But if
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Categories: Blog.

Top Ten Myths You Might Believe About Retirement: Part Two

Last week, we covered some of the top myths that Americans tend to believe about retirement. Apparently this is an issue that is commonly confused, because there is plenty of misinformation out there! This week we’re adding five more myths to our top ten list. “I’m too young to worry about retirement.” Whether you’re 22 or 62, one thing is certain: You will retire someday. Yes, the matter seems less pressing when you’re younger. But saving even just a small amount at this point in your life will add up to big savings later, due to years of compounding interest.
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Categories: Blog.

Top Ten Myths You Might Believe About Retirement: Part One

In March of this year, GoBankingRates performed a survey with alarming results: More than half of all Americans will retire broke. About one-third of us haven’t saved a penny for retirement, with plenty more lagging far behind where they should be. The reasons behind this lack of savings are varied. Perhaps some survey respondents were young, and hadn’t started saving yet. Maybe some did save money, but lost it in an emergency situation. But for many, a lack of retirement preparedness comes from belief in certain retirement myths. Even those of you who save faithfully might believe a few of
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Categories: Blog.