What Is Coinsurance? The Health Insurance Language Guide

Medical bills can become a hefty expense without the proper coverage. In fact, CNBC reports that in 2018, “the average American household spent almost $5,000 per person on health care.” Depending on your family size and health needs, health expenses can really start adding up. Despite our fleeting feelings of invincibility, we are all susceptible …

Read More...

Private Family Banking

Private family banking (PFB) is a strategy that involves using whole life insurance policies to build a multi-generational bank… kind of. In this article you will learn more about PFB, what it is, what it is not, and if there are benefits. What is Private Family Banking (PFB)? Whole life insurance policies develop cash value. …

Read More...

The Beginners Guide to Self-Directed IRAs

Smart investing means knowing your options. Many people are familiar with regular individual retirement accounts (IRAs) which hold stocks, bonds, certificates of deposit, and mutual or exchange-traded funds. However, few people understand the characteristics of another major retirement account—self-directed IRAs (SDIRA). We are going to cover what self-directed IRAs are, what their benefits and risks …

Read More...

Want to invest? Here are the Safest Investments to Start With

What Are the Safest Investments for Your Portfolio? When it comes to investing, some people look to investment opportunities with large potential returns. They may hope to make a large amount of money in very little time, and you might find this option intriguing. Unfortunately, the higher the potential return, the higher the risk of …

Read More...

What You Need to Know About Cash Flow Banking

You may have heard about cash flow banking and its ability to help you finance your own expenses, give you control over your finances, and create a financial legacy continuing in your family. Similar to the heart of the infinite banking concept, we see many benefits in cash flow banking. Read on to learn what …

Read More...

What You Need to Know about 7702 Plans

What You Need to Know about 7702 Plans Many insurance agents market “7702 plans” as a type of retirement plan and explain it to be similar to typical retirement plans, like a 401(k). Sometimes important details are ignored in this process. We’re going to break down what 7702 plans really are, what these plans mean …

Read More...

Adjusting to the New Tax Plan

The Tax Cuts and Job Acts (TCJA) bill was signed in December 2017, but many of us are still learning the ropes. The new tax plan came with a myriad of changes. We understand how it can be overwhelming to wrap your head around all these tax reforms. We also know how important it is …

Read More...

Should You Trust Your Financial Planner?

In his book The Black Swan, Nassim Taleb, reveals why many experts are nothing more than glorified profiteers who disseminate propaganda rather than factual and/or worthwhile information and knowledge. Taleb documents how certain professions have been cataloged as experts but are really nothing more than partisan publicists.  He enumerates by listing some of the professions …

Read More...
1 Page | 8 Results