3 Ways to Help a Charity With a Gift of Life Insurance

3 Ways to Help a Charity With a Gift of Life Insurance

America is a charitable nation. More than two-thirds of Americans (69%) give to charity each year. That means you probably do too. But did you know that there are other ways to give to charities besides just writing a check or supporting a Go Fund Me campaign?

A gift of life insurance can represent a substantial future gift to a charity or charities of your choice at relatively little cost to you. There are several ways you can accomplish this:

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Sizzlin’ Summer Series: PART 3

Sizzlin’ Summer Series: PART 3

What does Summer remind you of? Maybe it’s the feeling of jumping into a cool pool after a day in the summer heat; or maybe it’s the sound of the ice cream truck as you are bolting out the door with whatever change you could get your hands on. From lazy days in air conditioning to random road trips and more; summer is full of memories, and more importantly, choices.

In Part 3 and the final installation of ‘SIZZLIN SUMMER SERIES’, we will go into the top 3 financial choices you should research before making a decision:

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Sizzlin’ Summer Series: PART 2

Sizzlin’ Summer Series: PART 2

The official start of Summer – June 21st – is right around the corner. As we cruise into part two or our Sizzlin’ Summer Series, we will make a splash with the best cities to retire in 2019.

Get your Hawaiian shirts on, coolers filled, and beach towels ready, because here come the Top 4 Places To retire!

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Sizzlin’ Summer Series: PART 1

Sizzlin’ Summer Series: PART 1

This last Winter was one for the books. With record snowfall, rain, and cold temperatures, it’s safe to say that most of us are ready for warmer weather. What better way to celebrate the onset of sunshine and warm temps than with a three-part newsletter series to help you enjoy Summer!

In this month’s newsletter, we will dive into the top 3 places to travel, based on the Summer months:

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Stock Market Uncertainty? A Fixed Indexed Annuity Can Help Put You at Ease

Stock Market Uncertainty? A Fixed Indexed Annuity Can Help Put You at Ease

A crystal ball into the investing world – wouldn’t that be useful! Unfortunately, predicting market performance to-a-t is not exactly possible. When markets experience downs, it is important to ask yourself: What can I do to help protect my savings and ensure future gains?

Market Uncertainty Heightens

This past December marked the worst decline for stocks since the financial crisis in 2008. Anxiety overcame many around this market uncertainty. While calm settled over the financial markets once the New Year hit, an uneasiness that 2019 may continue to be volatile still remains. The potential of another government shutdown, trade wars, and increased interest rates all contribute to this uncertainty.

We Must Diversify!

When markets decline, financial portfolios ultimately go down in value. Get ahead of the curve by checking in on the risk tolerance of your financial portfolio and making sure to diversify accordingly.

Diversifying may be the most important part of retirement planning. While there is no one right answer – or guaranteed sure thing – having a balanced financial plan is a proven strategy for income growth and wealth protection. Diversifying can mean a mix of 401(k) funds, IRAs and Roth IRAs, fixed indexed annuities (FIAs), mutual funds, stock investments, and more.

Protect Your Principal

With the stock market, there is no guarantee of upcoming returns. This is a continuous reminder to think about how we can continue to build our retirement income strategy. A smart first step is to evaluate savings vehicles that protects against market volatility. Enter a fixed indexed annuity (FIAs).

An FIA helps protect your principal even in a negative market return. At the same time, it offers the opportunity to earn interest that is tied to the performance of a well-known index, such as the S&P 500, Dow Jones, NASDAQ, etc. The index is used as an external benchmark – you do not actually invest your funds in it. In all, FIAs are contracts with insurance companies, where potential interest earned is linked to an external index. Expect a guaranteed minimum rate of return and tax-deferred growth as well.

What’s Next?

What will happen in the stock market? Anything is possible. Until a crystal ball can accurately tell us what we can expect, it is up to retirement savers to make decisions that will protect them from what lies ahead.

Adding an FIA to your retirement portfolio could be part of the answer. Talk with your financial professional to understand the specific product features and if the benefits ladder up to your goals.

The post Stock Market Uncertainty? A Fixed Indexed Annuity Can Help Put You at Ease appeared first on IALC.

Provided by: Indexed Annuity Insights


The Benefits of Filing Taxes Early

The Benefits of Filing Taxes Early

man and woman looking over papers

Tax season has officially started and if you’re an early bird looking ahead to April, you might have already started filing your 2018 taxes. Regardless where you are in the process, here are a few tips to keep in mind for tax season this year.

Taxes in retirement are not exactly the same as when you’re working, but you will find some similarities. In retirement you are taxed on income the same way as you are during your working years, but because you will have several types of income (if you balance your portfolio), your taxes can work in a few different ways.

For fixed indexed annuities (FIAs), your growth is tax-deferred which means you can grow your income based on your policy to secure a higher payout. Once you start to receive a payout, it will be taxed as ordinary income. The tax deferral period can have a dramatic impact on the growth of your FIA. Use our tax advantage calculator to compare the tax savings of an annuity to other types of retirement products.

No matter if you are retired, nearing retirement, or still working full-time, here are three benefits to filing your taxes well before the deadline.

  1. A Faster Refund
    There are more than 150 million individual 2018 tax returns that are expected to be filed this year. Even with the recent federal government shutdown, the IRS estimates the first round of refunds to go out in the beginning of February and expects to have most refunds back within 21 days. The sooner you file, the earlier you’ll see your tax refund. But, what if you end up owing money? If this happens, plan to pay what you owe in segments, instead of paying in one lump sum.
  2. Peace of Mind
    When April comes around, who wants to be inside filing their taxes when it’s finally warm out? Not many. Use this time huddled on the couch for warmth, productively. January is also a great time to review your finances for the year and create your budget. As you’re planning, use our free calculators to see how you are tracking for retirement, calculating everything from risk tolerance to your Social Security Payment.
  3. Don’t Rush
    Waiting until April can often lead to rushing and missing refunds. Having ample time will help make sure you understand each deductible you are eligible for so you can take full advantage. To make the process even smoother, consider filing your tax return online.

While April may seem far away, taking steps now to get yourself organized for the year and knowing what to expect in retirement can pay off throughout 2019 and beyond.


The post The Benefits of Filing Taxes Early appeared first on IALC.

Provided by: Indexed Annuity Insights


3 Trends Changing the Retirement Landscape in 2019

3 Trends Changing the Retirement Landscape in 2019

The last two decades mark a distinct time of change. Over the years, we’ve seen how medical advancements have altered the healthcare industry and how shifts in technology impacted our ability to be successful in the workplace. Among these evolving factors, it’s no surprise that the retirement landscape has also changed from what we knew it to be 20 years ago.

These changes reshaped how we’ve approached retirement planning over time. And this year is already shaking out key trends we want Americans to know about. 

  1. Increase in Proposed Retirement Plan Legislation

    Retirement has some strong advocates that are placing high priority on passing retirement legislation in 2019. Actions from the White House also signal that the current administration is serious about addressing the retirement crisis, detailed in an Executive Order on Strengthening Retirement Security in America.

    A number of pieces of legislation were introduced last year that help address employees without access to plans and who do not have enough saved to last throughout retirement.

    Here are a few pieces of legislation we are keeping an eye on in 2019: Retirement Enhancement and Savings Act, Retirement Plan Modernization Act, Retirement Security and Savings Act, and Automatic Retirement Plan Act. Learn more about these proposals.

  2. Social Security Changes

    In addition to a company pension and a 401(k), Social Security is another program set in place to help retirees gain a steady stream of income during their golden years. The Social Security Trust is set to become exhausted by the year 2037 and there is lot of uncertainty regarding reform of the program. However, this program still impacts people who are looking to retire soon. In fact, roughly 10,000 baby boomers turn 65 every day, an age often associated with when Social Security beneficiaries can claim their full retirement benefit.

    Each year that you delay taking out your Social Security from your full retirement age, your benefit will increase by 8 percent each year until age 70. However, it’s important to know that Social Security alone will not be enough to last throughout retirement. To increase financial security, consider other vehicles that offer lifetime income.

  3. Desire for Lifetime Income

    With advancements in technology and medicine, people are living longer and healthier lives but that also comes with a worry of whether your savings will last throughout retirement. The quest for stable income you can’t outlive is a goal shared by many Americans, with nearly 80 percent reporting it as their number one retirement need.

    Pensions and 401(k)s are a great way to start saving for retirement. During this demand for lifetime income it’s crucial to understand how much risk you can take and sustain. Market volatility exists and there is always potential for a loss. The important thing to remember here is diversification and adding products to your retirement portfolio that meet your needs.

    For those looking to add versatility to your retirement portfolio and a way to protect your hard-earned dollars against market volatility, learn more about products that offer lifetime income, such as a fixed indexed annuity.

 The New Year is an important time to evaluate your retirement strategy to make sure you are as prepared as possible for your golden years. Understanding these changes and trends can help you make better decisions about your retirement strategy and planning. If you want more tools to prepare for retirement, check out our resources page.

The post 3 Trends Changing the Retirement Landscape in 2019 appeared first on IALC.

Provided by: Indexed Annuity Insights


Financial Resolutions for 2019

Financial Resolutions for 2019

The holidays are in the rearview and the New Year is just over the horizon. As everyone starts the New Year off with positive changes and new annual goals, make sure your finances are one of them! Don’t let your financial dreams fall out of reach by checking out these 4 financial changes you should promise yourself as you head into 2019.


  1. Create a budget: According to a recent study on, over 57% of American households do NOT follow a budget. In fact, 36% of Americans feel budgeting is too much work and not enough reward. A good budget should only take upwards of an hour to set up, and at the most, 30 minutes to revisit each month. The difference between a well-planned budget and not having one at all could be missing your financial goals!
  2. Pay off Unhealthy Debt: Every debt is different, from school loans to credit card debt and more. To eliminate your debt effectively, don’t look at the amount of debt, but the different rates you are incurring interest. Whichever debt has the highest interest rate, pay this off first. Also investigate cutting expenses to pay off debts faster!
  3. Build Emergency Fund: Do you have enough money to pay for a $400 emergency? If so, you are better off than 40% of Americans. Emergencies and accidents don’t come with a warning and can happen anytime, anywhere. Before finalizing your financial goals this year, make sure you have a minimum of three months’ worth of living expenses saved away.
  4. Boost your retirement savings: If you are planning on living off Social Security as your only income once you retire, don’t. When Social Security was created, it was designed to replace roughly 40% of the average workers pre-retirement income. In fact, the average person will need DOUBLE that to live comfortably. Now in 2019, Retirement plan contributions have increased, which is more reason than ever to start saving more for your retirement goals. In addition, look at other ways to receive guaranteed income, like an annuity or IUL.


While the year has just started, rock your finances so you can start saving like it’s 2020! By saving more, creating a financial budget, and overall increasing retirement assets, you can start building your dream retirement, NOW. Before reviewing your current finances, reach out to a financial professional to see how they can help build your financial legacy.


Content derived from financial website, The Motley Fool (

Disclosure: This information is provided as general information and is not intended to be specific financial guidance. Before you make any decisions regarding your personal financial situation, you should consult a financial or tax professional to discuss your individual circumstances and objectives.

The post Financial Resolutions for 2019 appeared first on Adult Financial Education Services.

Provided by: Adult Financial Education