by Marilou Davido | Jul 20, 2022 | Resources
What is a Reverse Mortgage? A reverse mortgage is a loan borrowed from your home’s equity. Home equity is determined by calculating the difference between the appraised value of your home and what you owe on the mortgage. In a reverse mortgage, borrowers...
by Marilou Davido | Jul 19, 2022 | Resources
For individuals that purchased Savings Bonds, like EE Bonds or I Bonds, the link provides a wealth of information; particularly how to add a beneficiary to a bond purchase to prevent Probate and how to deliver a gift savings bond. Click the button below for additional...
by Marilou Davido | Jul 19, 2022 | Resources
By Mike Smith Traditional Long-Term Care Insurance Think of this insurance like your auto insurance policy – you pay the premium each year and hope to never use it, but it will payout in the event something does happen. You can customize the elimination period...
by Marilou Davido | Jul 18, 2022 | Resources
Long-term care (LTC) provides a range of services and supports you may need to meet your personal care needs. LTC will assist you in the basic personal tasks of everyday life, also known as Activities of Daily Living (ALDs), including: 1. Bathing2. Dressing3. Eating4....
by Marilou Davido | Jun 24, 2022 | Resources
Solo 401(k) Plan Who it’s for: Owner-only business with no employees. Key features: All the benefits of a traditional 401(k) Contribution limit is $61,000 in 2022* Easy to administer SEP-IRA Who it’s for: Owner-only business or those with just a few...
by Marilou Davido | Jun 22, 2022 | Resources
By Mike Smith Having the appropriate insurance on a business partner or a key employee in the office, can play an important role in having a successful financial plan for your business. If you own or co-own a business, here are a few items to consider: Is your...
