Key person insurance is a life insurance or disability policy owned by a business on a key employee. The business pays the premiums and is the beneficiary of the policy. This type of insurance can give a small business options when a key employee suddenly passes away or becomes disabled. If you are a part of a sma [...]

It’s safe to say that when it comes to your own health care, no one knows your medical history, your support system, what works for you, and what doesn’t work for you better than you do.   But suppose -- because of an injury or illness -- that you are no long able to make your own health care decisions.&nb [...]

On Dec. 20, 2019, the SECURE (Setting Every Community Up for Retirement Enhancement) Act was passed into law. Two key provisions of the SECURE Act that you should note include: 1. Delays the age for required minimum distributions (RMDs) from 70 ½ to 72. 2. Eliminates the lifetime “stretch” IRA option requir [...]