What is a limited-time high interest rate MYGA? From time to time, an insurance company will have special limited-time offer for a Multi-Year Guaranteed Annuity (MYGA) with a higher interest rate. For example, we were notified by one of our carriers that, beginning June 6, they are offering a MYGA with a 3.15%* interest rate. It’s a 5
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June 5, 2016 by Brad Gunning
What are the Pros and Cons of MYGAs?
We have had a tremendous amount of inquiries regarding Multi-Year Guaranteed Annuities (MYGAs) in the last year. The recent enthusiasm for MYGAs is the result of the sustained low-interest environment we’ve found ourselves in. Below are some of the pros and cons of MYGAs, followed by our recommendation. Pros of MYGAs: Safe Better interest rates
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June 3, 2016 by Troy Baccus
New Medigap Insurance Website
www.Medigap-Insurance-For-Medicare.com We are pleased to announce our newest website dedicated to helping consumers shop for Medicare Supplement Insurance. The site has a regularly updated blog which will provide useful information for Medigap Insurance shoppers. Our approach to Medicare Supplement Insurance Our approach to Medicare Supplement (MedSupp) insurance is the same as it is
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May 25, 2016 by Troy Baccus
Surgeons Need Own Occupation Disability Insurance
Disability insurance is extremely important for surgeons and specialists. If you are a surgeon or specialized medical professional then you should request a quote for disability insurance now. Why Surgeons need “True Own-Occupation DI” You may have heard the term Own-Occupation Disability Insurance before. This is the strongest form of disability insurance a person can
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April 5, 2016 by Troy Baccus
What is a Multi-Year Guaranteed Annuity or MYGA?
A popular type of annuity is called a Multi-Year Guaranteed Annuity, or MYGA. Below we’ll explore the question “What is a MYGA?” and give examples of when it’s appropriate to use a MYGA as a savings vehicle. What Does MYGA Stand for? MYGA stands for “Multi-Year Guaranteed Annuity.” It is a fixed annuity, meaning it has a fixed interest
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March 29, 2016 by Brad Gunning
Tax Implications of Disability Insurance
We’re in the heat of tax season and you might be wondering about the tax implications of your disability insurance. This blog post will focus specifically on whether long-term disability insurance is considered taxable. For a more in-depth analysis, please check out the IRS website regarding taxing disability insurance. The first dividing point in determining
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March 16, 2016 by Brad Gunning
New Identity Theft Threat
ABC News: Beware Bank Teller Identity Theft If you don’t currently have an identity theft plan, it might be a good time to get one. This morning, Good Morning America aired a feature highlighting a new identity theft threat: bank teller identity theft. District Attorney Cyrus Vance explained to ABC News how it works: “Bank tellers
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March 8, 2016 by Brad Gunning
Business Tax Deadlines for 2016
Tax Season Deadlines for 2016 While April 15 is “tax day” for individuals, if you own a business, your company might have a different filing deadline. The first step in figuring out the tax return filing deadline for your business is determining what type of business entity you have. We’ll address the tax filing deadlines for
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March 3, 2016 by Brad Gunning
$1,000,000 Life Insurance Quotes
The most common questions we receive regarding life insurance are: How much life insurance do I need? and How much does life insurance cost? How Much Life Insurance Do I Need? Larry Light wrote an in-depth article for Forbes covering the various factors you should consider in determining how much life insurance you need. A
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June 8, 2015 by Troy Baccus
How Does a Disability Insurance Policy Work?
I cannot stress enough how important it is to buy a strong disability insurance plan. I’ve posted blogs in the past on the topic and I could drone on and on about how your income is your most important asset. If you want to get into statistics and read a bunch of horror stories then
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