Be honest. When you receive the 40+ double-sided pages explaining your homeowners insurance policy, what do you do with it? If you said read it front to back immediately, you’re one of only 12 people who did so in the last ten years.For most people, the gigantic stack of paper…
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What is premium financing for life insurance? It is borrowing money from a third party to pay the policy premiums. Once the policy generates enough surplus cash value in later years, the owner of the policy can then pay back the premium finance loan from policy values. This arrangement is…
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Are you gambling your retirement savings on the idea that your taxes will be lower when you retire? If so, I’ve got some bad news. If you have your retirement savings in a tax-deferred retirement account such as a 401(k), IRA or 403(b), you’re sitting on a tax time bomb.Read…
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In 2008, Warren Buffett, the oracle of Omaha, publicly bet that an unmanaged fund such as the S&P 500 would, over ten years, offer a higher return than a hedge fund portfolio, evaluating the performance net of commissions, costs and expenses. Read More
Investing in the market without taking losses — is it too good to be true? Not according to the University of Michigan’s head coach Jim Harbaugh. In August, University of Michigan helped Harbaugh become the top-paid college football coach in the nation, according to USA Today figures, by creating a…
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Recent articles have appeared to claim that premium financed indexed universal life insurance (IUL) is a risky bet with odds that favor the insurance companies and banks rather than the policyholders. As the industry’s leading provider of premium financed life insurance solutions for over 23 years, I would like to…
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I’m doing it! I’m making a drastic change to my retirement plan. I know it sounds crazy, but I’m going to take the early withdrawal penalty and the tax hit, all to move my retirement money from my IRA to an index life insurance policy (IUL). I love setting aside…
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