Credit is a tricky subject. To start building credit, you need to be approved for a credit card or a loan. To be approved for a credit card or a loan, you need to have a good credit history. How can you have a good credit history when you have […]
finances
Planning for Retirement Planning for retirement has a lot to do with saving money. The average American aged 40-60 has less than $100,000 saved for retirement and surveys have shown that $1.7 million is what is needed to retire comfortably. So, if that is what you want for your retirement, […]
Planning for Retirement
Stimulus Round 3 is on the way! In mid-March, President Joe Biden signed the $1.9 trillion COVID-19 relief bill into law, which includes stimulus checks up to $1,400 for approximately 159 million households in the United States. Individuals could receive their stimulus payments as soon as this weekend and be […]
Stimulus Round 3
Public and Private Hospitals: Which is Better? Receiving medical assistance is no joke. We would want the best quality of care when dealing with sickness or anything of the sort. That is why we consider many things when deciding on a hospital. One of those things is whether the hospital […]
Public and Private Hospitals: Which is Better?
Return of Premium life insurance policies are an attractive option to people who want to have coverage: Here is how return of premium policies work. The name of the policy is self explanatory: At the end of the term, the policyholder will receive their premium back in full as long […]
How Return of Premium Policies Work
An individual retirement account (IRA) can be a powerful savings tool that can help you reach your retirement goals. When planning your future, it is important to learn about the different types of IRAs offered and the benefits that having an IRA can bring. Here is some basic IRA information […]
Benefits of an Individual Retirement Account
New legislation passed by Governor Gretchen Whitmer has made surprise medical billing in Michigan an illegal practice. The law prohibits medical providers from sending large bills to patients receiving out of network care on an emergency basis, known as balance billing. For people receiving non-emergency care, the out-of-network provider must […]
Surprise Medical Billing in Michigan
AARP reports that approximately half of all Americans aged 65 and up will need some form of long-term care in their lifetimes. Though typical health insurance and Medicare provide some long-term care coverage, many of the costs are left for the beneficiary to cover. Long-term care insurance helps protect an […]
What is Long-Term Care Coverage
What Is Final Expense Insurance and Do I Need It? Final expense insurance, a.k.a burial insurance or funeral insurance, is a type of permanent life insurance that provides coverage to pay for end-of-life expenses and funeral costs. It ensures those left behind have financial support through a challenging time. Facing […]
What Is Final Expense Insurance and Do I Need It?
Recently, AIG released a list of topics to discuss with your financial advisor about guaranteed monthly income. As you approach retirement, it is always important to do heavy planning so that you are not blindsided by unexpected expenses, but many people think of retirement planning just in terms of accumulation […]