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Rockwood Financial GroupThom ShumosicBill McKinnonBob StoutKelly Kramarck
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IN THE NEWS

TERM LIFE INSURANCE THAT MAY PAY BACK YOUR PREMIUMS

Would you like to buy term life insurance that pays back the premiums you paid over the life of the policy?

 

Many people would love that deal. Perhaps they can’t afford permanent life insurance with its investment component, or they hate “wasting” their premium dollars on term insurance for which they’ll likely never collect any death benefits because most don’t keep it late in life because it becomes so expensive.

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ROTH CONVERSIONS BECOME MORE ATTRACTIVE FOR RETIREES

Affluent retirees who have wanted to convert sizable traditional individual retirement accounts into Roth IRAs but weren’t eligible because of income restrictions may find 2005 the year to make the conversion.

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FLPs WITH BUSINESS PURPOSE MORE LIKELY TO PASS IRS MUSTER

Wealthy families thinking of establishing a family limited partnership in order to save gift and estate taxes need to keep one key point in mind: an FLP is more likely to pass IRS muster if it can demonstrate a bona fide business purpose and operate in a business-like manner.

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MYTHS DETER STUDENTS FROM APPLYING FOR FINANCIAL AID

Millions of college students miss out on valuable financial aid every year simply because they mistakenly believe they won’t qualify for aid or they are intimidated by the process, say financial planners. Yet applying for financial aid can make the difference between affording the school you want to attend, or attending the school you can afford. It can even make the difference of being able to stay in school once you’re enrolled.

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Other articles: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26]
 
 


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