2209, 2016

What You Need to Know About FEGLI Open Season (Webinar Recording)

By |September 22nd, 2016|

During this exclusive 30-minute webinar we will discuss:

• Why open season is so important
• The choices available to you
• Important details to consider
• How to enroll
• And more!

 

2209, 2016

Changes to Federal Long-Term Care (Webinar Recording)

By |September 22nd, 2016|

During this 30-minute webinar we will discuss the recent premium increase to federal long-term care and help you better understand your options.

Some of the topics we’ll cover:

• Why your premium is increasing
• What your options are
• Alternative long-term care policies
• Why long-term care is important
• How to decide whether you need long-term care, and how much coverage you should have

 

1612, 2015

Collapsing Life Insurance

By |December 16th, 2015|

Life Insurance. Those words are enough to make many people’s eyes roll over into the backs of their heads. Some people think it’s boring. Others simply don’t want to think about the fact that death is involved in anybody’s collection of “life” insurance. Still, each month, provides hundreds of million of dollars to widows, widowers, and children who otherwise would be impoverished without those funds.  

Life Insurance for Dependents
While not needed by every family, life insurance provides financial security […]

912, 2015

Albert Einstein and Our Tax Code

By |December 9th, 2015|

The great physicist and philosopher Albert Einstein once said, “The hardest thing in the world to understand is the income tax!” The man was a genius and even he couldn’t make sense of our tax code, and it’s only gotten worse over the years.

The Ever-Changing Tax Code
Since 1914, the tax code has changed every year. The current tax code is over 50,000 pages long. The Clinton/Gore administration took a really good stab at reducing the tax code with the Tax […]

212, 2015

Cashing in Old Life Insurance

By |December 2nd, 2015|

Many people have asked us about old financial papers and their current worth. The questions have included what to do with old bank certificates of deposit, old stock certificates, and ancient papers from life insurance companies. Typically, they are most interested in knowing whether these papers mean found money.

Free Money Hiding in the Attic?

Dear FedNav,

I found some very old life insurance premium receipt books from the Metropolitan Life Insurance Company. The policies covered the lives of my parents.

There are eight books […]

2511, 2015

What Does a Financial Planner Do? Can He Bake a Cherry Pie?

By |November 25th, 2015|

If you’ll allow me the grace of an analogy we’ll have some fun and I’ll answer our most commonly asked question,
“What does a financial planner do?”

It’s in My Genes
I confess that I’ve never baked anything in my life, but my daughter, Corey, is a prize-winning baker. She has won Grand Champion ribbons at the county fair many times, so maybe baking is in my genes.  And, because of my daughter, the Food Network is playing at my house much of […]

1811, 2015

Annuities: The Financial Swiss Army Knife

By |November 18th, 2015|

From politics to religion, it’s no secret that this country is sharply divided on many issues.  Remember when Republican Ronald Reagan was President and Tip O’Neal was the Democratic Leader?  Although the two great men often argued vehemently, their disagreements were never personal. Reason always seemed to prevail, and at the end of the day, they were known to toss back a beer or two together.

Sometimes it seems like those days of civility may be gone forever. Division and misplaced […]

1111, 2015

Chicken Little and The Stock Market Swoon

By |November 11th, 2015|

It’s no secret that the stock market is extremely volatile. The only guarantee is that it will go up and down, and wide swings can make even the savviest investor nervous. Sometimes it’s enough to make you want to pull out everything you’ve got.

The Sky is Falling
The 24/7 news cycle inflames investor concerns by trotting out prognosticator after prognosticator, claiming to know exactly what the market is going to do next.

To us, these guys often sound like Chicken Little. You […]

411, 2015

Retired Sports Stars- What they did after retirement

By |November 4th, 2015|

We see sports stars out on the field all the time. They’re sports stars, it’s what they do! We watch them and cheer them on. We celebrate when they win and are crushed when they are defeated. They represent cities and countries in various games. But what do they do when they hang up the jerseys and cleats? Where do they go? Sometimes we see them in endorsements, and many of them enter the sports media business. They may even […]

2810, 2015

Are Annuities Only Good for the Person Selling Them?

By |October 28th, 2015|

I was in the police station the other day getting fingerprinted (required by FINRA for all registered insurance reps) and as I was pulling up my sleeves to stick my finger in the ink, the police officer asked me why I was there. When I told him that I’m a registered investment representative and it’s something we all have to do, he told me that he studied for the Series 7 exam to become a financial advisor before he got […]