Using an SPDA to Help Meet Your Savings Goals

Becky has a problem, but it’s a good one to have. She has carefully managed to put away a
sizable sum in her checking account that will more than help her get through a financial
emergency.

Sadly, a shocking 40% of Americans don’t have enough on‐hand cash to cover an unexpected
$400 expense, according the 2019 Federal Reserve Board Survey of Household Well‐being.
Knowing this, Becky is in good form ─ but her problem is that she’s getting next to nothing in
interest on her savings. (more…)

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Understanding Life Insurance Lingo Part 1: Policy Basics

Life insurance represents a key corner of the financial planning space in need of more education. Nearly three in five consumers (59%) own some form of life insurance, according to LIMRA’s 2018 Insurance Barometer Study.  Yet, common questions persist, especially over the industry’s constant use of jargon.

So, with good cause, let’s review a batch of the more frequently used life insurance terms.  (more…)

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