Ohio Insure Plan Logo

Life insurance shoppers want to know:  What is the difference between whole and term life insurance and what type of policy should I purchase?  The answer is usually simple depending on the circumstances. Listed below are life insurance explanations as well as recommendations for purchasing a life policy, tax avoidance and estate planning strategies. Whole Life Insurance …

June 11, 2009

Category: Articles, Life Insurance, Wealth Transfer

Continue

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 or variable annuity.  Teachers, employees of non-profits, and certain ministers can contribute during their working years should their employer offer this retirement option. Other investment options might include mutual funds …

April 2, 2009

Category: Annuities, Articles, Retirement Planning

Continue

There are certain economic cycles that occur every few years which drive up the interest rates in fixed annuity accounts.  We are in one of those cycles now. Savvy investors can lock in very high annuity rates (yields/returns) that did not exist only a year ago. View Current Fixed Annuity Interest Rates Economic Turmoil Benefits Fixed Annuity Accounts …

November 17, 2008

Category: Annuities, Articles

Continue

Federal Reserve recently lowered key interest rates in order to battle the current credit crisis. This is not good news for bank investors who have relied on certificates of deposit and money market savings accounts to save and/or generate income. When inflation is factored in, most bank instrument’s returns are at historical lows. Additionally, the volatility in …

October 31, 2008

Category: Annuities, Articles, Ohio Annuity

Continue

The most recent market turmoil has many conservative investors second guessing their investment decisions. Those near or in retirement have witnessed significant losses to their IRA, 401(k) and 403(b) retirement accounts.  When the market crash of 2000 is factored in, many retirees have experienced an overall loss in their net worth for over ten years. …

October 17, 2008

Category: Annuities, Articles

Continue

Consumers who need a guaranteed, stable and systematic income can establish an immediate annuity account. Also know as an annuitization or an income annuity, these accounts provide regular monthly payments for a specified period of time to the account holder. The payments will consist of principal and interest and continue for the term selected. Several …

June 16, 2008

Category: Annuities, Articles

Continue

Recent significant stock market declines and portfolio volatility have many investors inquiring, once again, about the safety of annuity accounts. Consumers ask, “Are annuities safe from a recession? Do they maintain value when the market goes down? Will they lock in my interest gains each year?” The answer is, yes. Investing in a fixed, an …

January 29, 2008

Category: Annuities, Articles

Continue

Recent market volatility resulting in portfolio declines has once again lead to a demand for safe, insured investments. With so many investment options available, many conservative minded consumers want accounts that guarantee principal, investment growth and/or lifetime income. We assist retirees who are in search of a safe place to invest retirement portfolios, IRA’s, 403(b)’s and …

December 13, 2007

Category: Annuities, Articles, Ohio Annuity

Continue

There are several strategies to pass assets to the next generation, but using life insurance for wealth transfer is one of the most efficient.  Life policies immediately create a fully valued tax-free asset upon first premium receipt. Many of our clients want to know about the most efficient and cost effective ways to maximize the …

August 29, 2007

Category: Articles, Life Insurance, Wealth Transfer

Continue

Up until a few years ago, consumers had few choices when it came to long term care insurance (LTCi). Traditional policies that provided a certain amount monetary reimbursement were the norm. Policies could be designed to cover expenses for a few months or much longer period of time – even providing benefits for the insured’s …

August 29, 2007

Category: Articles, Long Term Care, Retirement Planning, Wealth Transfer

Continue

In my numerous meetings with retirees, I have met many who live very comfortably in their golden years. Foremost, they have conservatively invested nest eggs typically in annuities and brokerage accounts. They also possess sizeable deposits at the bank including certificates of deposit, savings and checking accounts. This generation experienced the tribulations of The Great …

August 29, 2007

Category: Annuities, Articles

Continue

Interest rates remain at historic lows. Conservative investors who needed guaranteed income and preservation of principal are in a bind. In many cases, returns at the bank are below one percent, but fixed annuity accounts are providing much better yields. Many investors are purchasing fixed annuities rather than bank instruments in order to capture higher …

August 29, 2007

Category: Annuities, Articles

Continue

These days investors are looking for safety and security more than ever, especially after the two major stock market corrections in the last decade. Years later, numerous brokerage and variable annuity accounts still have not recovered their losses from that time period. Unfortunately, many investors were counting on those funds to provide income and stability …

August 29, 2007

Category: Annuities, Articles, Retirement Planning

Continue

The S&P 500 – January’s first trading day in 2007: 1268.80 Many investors entered 2007 with positive expectations for the year ahead. In fact, a substantial number of large cap companies reported double digit income growth in the first quarter of the year. Pundits immediately chimed in with rosy prophecies of continued expansion. Here’s an …

June 30, 2007

Category: Annuities, Articles, Third Party

Continue

Yesterday, the FOMC raised the overnight lending rate between banks another quarter point to 5.25%. While their initial statements seemed less hawkish and the overall markets rallied in response, it is worth mentioning that inflationary pressures still exist to some degree on the US economy. It appears that future rate hikes will depend on economic …

June 30, 2006

Category: Annuities, Articles, Ohio Annuity

Continue