SECURE and CARES Acts | Understand how these laws affect your RMD and Retirement Accounts!

For 2020, the rules governing required minimum distributions (“RMDs”) from retirement plans and early withdrawals of retirement plan funds have changed.    Please take time to read this summary of important changes especially if they apply to you or someone in your family. On January 1, 2020, the following changes became effective under the SECURE Act.…

4 reasons why life insurance for children (and grandchildren) may be an appropriate financial planning strategy.

There are opinions on both sides as to whether buying life insurance for children or grandchildren is a good idea or an appropriate financial investment. Here are four reasons to consider in making your decision.       1.  Building cash value. By purchasing a whole life insurance policy, the policy accumulates cash value over time. …