Tweet It wasn’t long ago that employees were rewarded for their loyalty to a company with a pension. For you younger readers the word pension may seem like it’s from a foreign language. It’s true, and in recent years the classic pension plans have been dwindling. Pension plans had a very unique feature that most […]

Tweet I occasionally receive questions from readers that ask about a number of financial issues, and a recent reader asked: “Is is smart to buy disability insurance?” Of course, without understanding someone’s complete financial situation it is impossible to give a straight “yes” or “no” answer, but I can provide some insight as to when it […]

Tweet If there is one item in my budget I hate more than everything else it has to be auto insurance. If you think about it, you can go years or maybe even your entire life without ever having to make a claim so it feels like you’re throwing good money away, but it will […]

Tweet While I’ve talked about the importance of having disability insurance in the past, a lot of questions still arise regarding Social Security disability benefits. Everyone seems to have a story, or know someone who’s receiving Social Security disability, so there is always some skepticism as to whether or not outside coverage is needed. Think of […]

Tweet If you own a home, it’s almost certain that you have homeowners insurance. While insurance agents will help determine the kind of coverage you can buy, it is ultimately your responsibility to know what the policy covers. And remember, insurance agents are salesmen and typically work on commission. This isn’t a bad thing, but […]

Tweet New COBRA Changes Reduce Premiums by 65% The latest stimulus package, also referred to as the American Recovery and Reinvestment Act of 2009 has included a provision that will reduce the COBRA health coverage premiums by 65% for those who qualify. With job losses mounting and many individuals relying on health insurance through their […]

Tweet If you’re covered by a health plan, you’ve probably encountered the words deductible, co-pay, and co-insurance a number of times when examining your bills, paying your doctor for a visit, or simply looking at the benefits package from your employer. These terms can be a bit confusing, and with all of the limits, maximums, […]

Tweet Your home is likely your most valuable asset–make sure it is properly protected. Home ownership isn’t always a walk in the park and insurance is there to help you in some of the worst of times. While your CLUE Report will help determine the kind of coverage you can buy, it is ultimately your […]

Tweet I occasionally receive questions from readers that ask about a number of financial issues, and a recent reader asked: “Is is smart to buy disability insurance?” Of course, without understanding someone’s complete financial situation, it is impossible to give a straight “yes” or “no” answer, I can provide some insight as to when it […]