by Jarad Stolz | Dec 13, 2022 | Uncategorized
When you think about the insurance that you need, disability insurance might not be at the top of your list, but it should be. If you become disabled, it can help you cover expenses and save you from financial hardship. What would happen if you were hurt at work...
by Jarad Stolz | Apr 29, 2022 | Uncategorized
Critical Illness Insurance: What Is It? Who Needs It? If you’re lucky, you’ve probably never had to use critical illness insurance (sometimes called catastrophic illness insurance). Perhaps you’ve never even heard of it. But in the event of a big health emergency,...
by Jarad Stolz | Apr 26, 2022 | Uncategorized
What Is a 403(b) Retirement Plan? The term 403(b) plan refers to a retirement account designed for certain employees of public schools and other tax-exempt organizations. Participants may include teachers, school administrators, professors, government employees,...
by Jarad Stolz | Apr 11, 2022 | Uncategorized
Contingent Beneficiary vs. Primary Beneficiary? Contingent vs. Primary Beneficiaries Think of these beneficiaries as people standing in line. The primary person is at the head of the line. The contingent person is behind them and can only move forward if the primary...
by Jarad Stolz | Apr 10, 2022 | Uncategorized
Preparing For the Life Insurance Medical Exam The idea of setting up an appointment for a medical exam for the sake of applying for a life insurance policy probably doesn’t sound like a great time. But don’t let the process deter you. A life insurance medical exam is...
by Jarad Stolz | Apr 8, 2022 | Uncategorized
162 Executive Bonus Plan Using an Annuity Overview Only A 162 Executive Bonus works for business owners because the business gets a full tax deduction for the bonus paid into the annuity. The executive takes the bonus into income in the current year. The bonus applies...
by Jarad Stolz | Mar 28, 2022 | Uncategorized
Tax Considerations – Individual Disability Premiums Information Overview Only When someone purchases individual disability insurance, premiums are generally not deductible for federal income tax purposes. However, the rules vary when individual disability...
by Jarad Stolz | Mar 28, 2022 | Uncategorized
Section 162 Executive Bonus Plans Information Only Overview What is a 162 Executive Bonus Plan? A 162 Executive Bonus plan allows a business to provide life and/or disability income insurance to key executives using tax deductible dollars. Insurance policies...
by Jarad Stolz | Feb 24, 2022 | Uncategorized
Anti-Money Laundering Training – How and Why? What is AML training? 00:58Money laundering is the process by which criminals disguise the proceeds of their crimes in order to make them appear legitimate or legally earned. The act of money laundering is often linked to...
by Jarad Stolz | Feb 10, 2022 | Uncategorized
Don’t let clients liquidate assets to pay for life insurance Do your high-net-worth clients face a choice of which asset to liquidate to pay for life insurance? Clients with highly appreciated assets will resist using their capital to pay life insurance...
