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“Currently, ordinary dividends and short-term capital gains on assets held less than one year are subject to income tax.”[i]  But life insurance dividends are different. First of all, dividends paid on life insurance are only available to you if you own participating whole life insurance.  And the number one thing that you need to know …

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It used to be said that “All Roads Lead to Rome.”  And at one time, that statement was probably true.  But that was centuries ago. Belief in such a statement today could land you in trouble. The same is true about whole life insurance.  It used to be said that whole life insurance cost more …

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Over 4 million people will retire this year.  That’s nearly 11,000 per day!  And nearly 9 out of 10 of them all have the same worry: “Will I out outlive my money?”[i]  Many accountants and financial planners run financial models to assure their clients that they will have the money they need to meet future …

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Americans “owe more than $3.6 trillion”[i] which is nearly $19,000 for every man woman and child in the United States.  So, it isn’t any wonder that the greatest fear about money today is having too much debt and not being able to save enough money to retire. In fact, across the board, from ages 18 …

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According to a recent Bureau of Labor Statistics study, the average family spends 1 out of 3 dollars earned on housing.  Intriguingly, this is more than a 100% increase over what Americans spent on housing in 1960.[i]  Most of these costs are not negotiable and therefore can be difficult to adjust. But another statistic is …

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“The Old Grey Mare, she ain’t what she used to be,” and neither are Money Market Funds (MMFs), sometimes referred to as Money Market Mutual Funds. MMFs used to be considered a low-risk investment, along the lines of a passbook savings account or certificate of deposit, with the opportunity to earn a higher interest yield. …

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The idea of an SDIRA (self-directed IRA) has become rather trendy among certain circles.  An SDIRA may sound appealing to you if you believe that there is a higher return available outside the securities market for the funds in your SEP (self-employment plan), SIMPLE (savings incentive match plan for employees), traditional or Roth IRA.  What …

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2017 has proven to be a winner for US stocks, with a posting of the best run in the past 25 years. In fact, most everyone in the stock market is happy about the huge upturn that has taken place.  “After the first quarter alone the Dow had gained nearly 5% with the Nasdaq gaining …

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Remember the tagline, “Fall into the GAP”?  Well, a number of years back we started Life Benefits’ radio program out by reading this tidbit of wisdom from King Solomon about life; “A feast is made for laughter, wine makes life merry, and money is the answer for everything.”[i] Fascinatingly, several folks thought I was quoting …

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Everyone remembers the theme song of Grease, “Hopelessly Devoted To You”. That 1970’s movie starring John Travolta and Olivia Newton John was a major hit.  And another major hit of the 1970’s was the 401k and IRA to which so many are still hopelessly devoted.  That is, until Congress removes the incentive to have a …

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