|

Important Disclosures

Important Disclosures and Public Statements


The articles published here represent the personal views of the author(s), and not necessarily the views of any securities firm, insurance company, FINRA, SEC or organization with which he or she may be affiliated. All statements made in these articles are for general information only and are not intended to provide, nor should they be relied on as, legal or investment advice.  Readers must consult with their qualified investment, tax or legal advisors before relying upon any content contained herein. Statements made in these articles may be incorrect for your state or jurisdiction. Also keep in mind that at the time when you read such statements the underlying rules, regulations and/or decisions may no longer be controlling or persuasive as a matter of investment or insurance law or interpretation.

Consumer Finance Articles


Senior Citizens

African Americans Age 50 and Older…Uniquely Positioned

So says a recent AARP Research & Strategic Analysis Report. This report states that although African Americans continue to struggle in the workplace, they are uniquely positioned to take advantage of the jobs projected to be in high demand. This report provides the most comprehensive assessment ...

Read more... | top

TAGS: Consumer Education, Financial Empowerment, African American, Senior Citizen, Black Americans

Annuity 101…Real Basic Stuff

Annuities are "safe”…a lot of folks would like to have more retirement income that is safe. Annuities are Insurance Contracts The first thing to understand is that annuities are essentially contractual obligations from insurance companies. In exchange for funds you provide to the insu...

Read more... | top

TAGS: Long Term Care, Investments, Retirement Planning, Senior Citizen, Annuities

REITS

Real estate investment trusts, known as REITs, are entities that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate. There are basically three types of REITS: Equity REITS, ...

Read more... | top

TAGS: Long Term Care, Investments, Retirement Planning, Senior Citizen

Less Than 15% Of US Households Approaching Retirement Are Prepared

Research shows that the expected present value of lifetime uninsured health care costs for a typical married couple age 65 is about $197,0003. This includes insurance premiums, out-of-pocket costs, and home health costs and excluding nursing home care. A typical household has a 5-percent risk that ...

Read more... | top

TAGS: Long Term Care, Retirement Planning, Senior Citizen

Regulators Rein In Murky STOLI Life Policies

Source: Wall Street Journal - June 22, 2010 The life-insurance business was good to Steven M. Brasner for much of the past decade, so good that he and his wife named their motor yachts after it. Their first, a 34-footer, they christened "Preferred Risk." Its 50-foot replacement: "STOLI on the Docks...

Read more... | top

TAGS: Life Settlements, Life Insurance, Viatical

Retirement Issues...A Growing Concern

 LifeStages...Retirement RETIREMENT ISSUES...A GROWING CONCERN FOR 76 MILLION AMERICANS! So you are thinking about retirement. Maybe you will work part-time…not because you have to but because you want to. In a recent survey by American Association Of Retired Persons – AARP , it w...

Read more... | top

TAGS: Retirement Age, Retirement Planning, Retirement Distributions, 72t

The Nightmare of the American Dream

As Members of Congress consider whether to retain federal death taxes, they should ponder the principal reasons why they should join prior Congresses and repeal this tax, says William W. Beach, Director of the Center for Data Analysis at the Heritage Foundation. Death taxes discourage savings and i...

Read more... | top

TAGS: Estate Taxes, Death and Taxes, Federal death taxes

Elder Abuse

 Elder Abuse and Financial Abuse Elder Abuse and Financial Abuse | $2 Billion & Growing Elder abuse is doing something or failing to do something that results in harm to an elderly person or puts a helpless older person at risk of harm. A report completed in 2009 entitled Broken Trust: ...

Read more... | top

TAGS: Aging, Elder Abuse, Financial Abuse, Elder Care

Resources for The Elderly

Resources and Help Abuse of the ElderlyAdvocates for Residents of Nursing Homes, by StateCommission on Legal Problems of the ElderlyConsumer Action HandbookConsumer Protection OfficesElder Rights ProtectionFederal Trade Commission Consumer Protection PageFinancial Crimes Against the ElderlyH.E.L.P....

Read more... | top

TAGS: Senior Citizens, Aging, LTC, Elderly, Long Term Care

Beware of Rogue Financial Service Professionals

 Rogue Designations Senior Citizens: Beware of Rogue Financial Service Professionals Most experts say that you should look for someone with credentials when shopping for Financial Services such as insurance and investments. For example a senior citizen looking for long term care insurance doe...

Read more... | top

TAGS: Senior Citizens Scams, Con Artists

25 Latest Articles Current Articles | Archives | Search

Loading