Most investments fit into one of four basic classes: Ownership Lending Cash Intangible When you invest in stocks, you’re buying a piece of ownership in a company, whereas bonds directly involve lending money. Money market securities offer a way to keep your cash accessible and safe, and they even let you earn a little bit …

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Life insurance policies have many benefits. One of the most important of these benefits is the death benefit. It’s important to give financial stability to your loved ones should you pass away unexpectedly. This is why when you purchase a policy, you’ll also want to select a beneficiary for your policy.  You can choose people, …

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What Are Annuities? (Fixed Guaranteed) Table of Contents: What Are Fixed Annuities? How Do Annuities Work? Do Fixed Annuities Count As Securities? How to Finance a Fixed Annuity How Does an Annuity Work for Different Ages? What Are the Benefits of a Fixed Annuity? What Happens to the Premiums Paid into Fixed Annuities? Who Is …

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Table of Contents: What Is Reduced Paid Up Insurance? When Is Reduced Paid Up Insurance Right for You? Who Should Avoid a Reduced Paid Up Option? Alternative Funding and Nonforfeiture Options Pros and Cons of Reduced Paid Up Insurance Paid-up Additions for Life Insurance Reduced Paid Up Policies With McFie Insurance Reduced paid up insurance …

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Table of Contents: What Is Term Life Insurance? How Does Term Life Insurance Work? Annual Renewable Term Life Insurance Buy Term, Invest the Difference Level Term Life Insurance Who Should Own Term Life Insurance? Term Life vs. Whole Life Insurance Schedule a Strategy Session with McFie Insurance   KEY POINTS Term Life Insurance: Offers coverage …

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AUTHOR’S NOTE JUNE 2023: As interest rates have increased through 2022-2023, Velocity Banking is becoming less popular because it depends on access to a Home Equity Line of Credit (HELOC) where the interest rate is usually variable – recently increasing. This article was written a few years ago and highlights potential issues with the Velocity …

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Table of Contents: What is a Backdoor Roth IRA? How Does a Backdoor Roth IRA Conversion Work? Benefits of a Backdoor Roth IRA Paying the Taxes Roth v.s. Traditional IRAs Who Should Consider a Backdoor Roth IRA Who Should Not Consider a Backdoor Roth IRA When a Backdoor Roth IRA Doesn’t Make Sense Whole Life …

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Table of Contents: Can I Borrow From My Life Insurance Policy? When Should You Take a Life Insurance Policy Withdrawal? Tax Ramification of Life Insurance Policy Withdrawals How Life Insurance Policy Loans Work: How to Take a Policy Loan Why You Should Take a Policy Loan Pros and Cons of Taking Out a Life Insurance …

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Securing Your Future by Using Participating Whole Life Insurance Investing information provided on this page is for educational purposes only. McFie Insurance does not offer advisory or brokerage services and does not recommend or advise investors to buy or sell particular securities. Table of Contents: Thinking of PWLI as an Investment Using Your Life Insurance …

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Table of Contents: Can I Purchase Life Insurance for Children and Grandchildren? What’s the Best Insurance Coverage for Grandchildren? The Long-Term Advantages of Life Insurance for Grandchildren Should I Buy Life Insurance for My Grandchildren? How to Buy Life Insurance for Grandchildren KEY POINTS Child Life Insurance Restrictions: Insurance companies discourage purchasing life insurance for …

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