Annuity Proceeds: Beneficiary Designation, Probate and Passing
Get a Quote »Unfortunately, there is quite a bit of misinformation that has spread about annuity investment contracts. What is not clear is whether these untruths are intentional or a general lack of knowledge, but it is beyond time to set the record straight.
One of the biggest concerns potential annuity investors have is what happens to ...
How to Avoid and Reduce Inheritance Taxes in Ohio
Get a Quote »Ohio is one of the few states that accesses a state inheritance tax on its residents at passing. This tax is in addition to any Federal estate taxes that might be due and is enforced once an estate reaches countable assets of $338,333.
It ...
Gerber Life Medicare Supplements in California
Get a Quote »Gerber Life is now offering Medicare supplement insurance in California. This is the same well known and well rated Gerber Insurance Company that offers life insurance to children.
Gerber Medigap plans are priced quite competitively and in many areas they are the best rates ...
Qualified and Non Qualified Annuity Accounts Explained
Get a Quote »Regardless of the type of annuity account you own (fixed, indexed, immediate, or variable) it will fall into one of two categories; qualified or non qualified. This is to say that an annuity cannot be both qualified and non qualified. It is one or ...
Why Do I Need Life Insurance Anyway?
Get a Quote »September is life insurance awareness month, thus we will do our part to discuss the overall benefits of these products. When compared to other financial instruments, life contracts have several unique and attractive attributes. Policies will come in many shapes and sizes with ...
What is Guaranteed Income for Life?
Get a Quote »As the overall markets have swooned and once plush retirement accounts have been reduced in kind, you might be interested in a guaranteed lifetime stream of income.
Commercials are more prevalent and many financial firms are now advertising the merits of this simple concept. But ...
Ohio Partnership Long Term Care Insurance Coverage
QuotesIn an attempt to encourage consumers to purchase long term care insurance (LTCi), Ohio recently passed legislation making available partnership policies. Several insurance companies offer these plans, but not all LTCi policies are partnership qualified.
By owning a qualified plan, the insured can be eligible for Medicaid benefits through ...
The 403(b) Account - Transfers, Rollovers, Taxes, and Insurance
A 403(b) account is also known as a Tax Sheltered Annuity or TSA. These accounts can take many forms, but most typically are setup as a fixed annuity. Teachers, employees of non-profits, and certain ministers can contribute during their working years should their employer ...
Long Term Care Examples - Traditional and Hybrid
Traditional Long Term Care
Until recently, Ohio consumers had few choices when it came to long term care insurance (LTCi). Traditional policies, which provided a certain amount of selected coverage, were the norm. Policies could be designed to cover care expenses for a few ...
