The Wealth Report: Midterm Elections

All 435 seats of the U.S. House of Representatives and 35 of 100 seats in the Senate are up for grabs in this November’s midterm elections.1 While it is common for there to be significant congressional turnover in a U.S. president’s second year in office, this year’s election promises contentious drama. No one can say for…

Read More

The Wealth Report: U.S. Trade Update

The U.S. continues its controversial trade policies with the rest of the world; most notably China. In early July, the Trump administration levied 25 percent tariffs on $34 billion of Chinese imports, only to have China respond in kind. While consumers can expect to pay higher prices in the wake of this trade war, investors…

Read More

The Wealth Report: Types of Life Insurance

Life insurance policies fall under two broad categories: term and permanent. With a term policy, you purchase a death benefit amount and determine how long you want to hold the policy; it pays out a death benefit if the owner passes away during the specified term. Permanent life insurance policies, in addition to providing a…

Read More

The Wealth Report: 3 Reasons to Own Life Insurance

Life insurance is like a Swiss army knife — it is remarkably useful, versatile and essential. One of the little-known facts about today’s life insurance policies is that they can offer much more value than simply a death benefit. While securing the financial future for loved ones is the primary goal, life insurance can play…

Read More

How to make your savings last after retirement

Financial instability is the number five biggest worry for Americans, according to a survey, which was only topped by serious health issues. You’ve spent years building up a nest egg; don’t let your funds dry up quickly after you retire! Here are a few ways to help you stay on track and make your savings…

Read More

Roth IRAs and taxation

Planning for retirement is essential to help secure a future for you and your family. Make sure that you are informed of the benefits and penalties of your Roth IRA to help ensure that you are making financially smart decisions every year. Roth IRA Anyone who doesn’t exceed the IRS Roth IRA income limits can…

Read More

The Wealth Report: The Impact of Rising Oil Prices

Consumers have enjoyed several years of low oil prices, until now. The year started with a rampant increase in oil prices not seen in more than three years. Already up by 19 percent in April, oil stands to get an accelerated boost due to America’s decision to walk away from the Iran nuclear arms agreement…

Read More