There are three separate parts of every company 401(k) retirement plan account. The sponsor (the company you work for), the provider (the company who has custody of your company 401(k) money…Fidelity, Schwab, Vanguard, etc.), and you, the company 401(k) retirement...
Most people who own a home also own home owner’s insurance. Home lenders require home owner’s insurance. If your house burns to the ground, the insurance company will come in and pay you to replace your house. When you receive your annual homeowner’s insurance premium...
Last weekend, I was invited to a client’s house for a family get-together. The oldest daughter of my client was there. Along with her husband and 5-year old daughter. In the daughter’s travel bag, I noticed a well-worn copy of Aesop’s Fables. The book reminded me of...
You ensure that most important things in your life. The reason is because there are important things in your life that would cost a lot of money to replace. There is no reason to suffer a huge financial loss when something bad happens. You insure your home and your...
An article published in the New York Times describes why a Power of Attorney isn’t as powerful as some people think. The information hit home for me since I’m the Power of Attorney for two of my family members: My 90-year-old uncle and my 86-year-old dad. Over the...
