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Tag: daniel

16 posts tagged as "daniel"

Summer Savings: Registered Indexed-Linked Annuities May Provide a Buffer From Loss

Jul 21, 2021

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

There are times when stock market volatility leaves some investors worried about meeting their retirement goals. This has left many of these individuals seeking products that can provide downside protection with upside potential. A product that can help give investors some degree of piece-of-mind in turbulent times is a Registered Indexed-Linked Annuity.

Registered Indexed-Linked Annuities (RILA) are typically designed with a combination of variable and index-linked investment options that can balance both personal risk tolerance with growth potential,

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Summer Savings: Seven Ways to Do More With an Income Annuity

Jun 16, 2021

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

Income annuities can be a great way to provide guaranteed income for a period certain, or even for a lifetime. What may not be as well-known are the strategies that can utilize various income annuity designs. Below are samples of various income annuity techniques:

  1. Retire sooner – If your goal retirement date depends on when you have enough money saved,

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Tax Tip Tuesday: The Value of Tax Deferral in a Higher Tax Environment

Apr 27, 2021

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

 

Like most things, taxation ebbs and flows. Today’s environment is no different – and it appears that, for now, taxation is on the rise. When the tax burden on individuals is increasing, the importance of tax deferral becomes especially important.

In this environment it’s important to consider tax-deferred strategies in your financial plan.

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Year-End Financial To-Do: Develop Your Long-Term Care Plan

Nov 17, 2020

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

November is Long-term Care Awareness Month
Long-term care needs will vary from person to person, but according to HHS’s Administration on Aging, someone turning 65 today is 70% likely to need some type of long-term care in their remaining years.  While a little less than one-third of today’s 65-year-olds may never need long-term care support,

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Scary Financial Mistakes: Entering Retirement Without Enough Guaranteed Income

Oct 15, 2020

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

In addition to the usual financial risks we have such as inflation risk, market risk, and economic risk; there is another risk to confront in retirement: longevity risk, which is the risk of outliving your retirement assets. When planning for retirement, living too long can be a scary proposition, especially for those with a projected long-life expectancy.

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Businesses Need Protection from Losses Due to Employee Death or Disability

Sep 17, 2020

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

All businesses, regardless of their size, have key employees who are invaluable to the success of the company. In a small business, each employee usually has a more direct effect on a company’s profitability because there are fewer employees interacting with customers, creating products and performing services. As a result, the loss of a key employee due to death or disability can be especially difficult for small businesses to operate until a replacement employee is found.

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The Time for Life Insurance is Now

Sep 3, 2020

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

The COVID-19 pandemic has illustrated just how quickly lives can change due to illness and/or death.  The outbreak has resulted in many people thinking about how to increase the financial security of their families, now and into the future.  This has put reviewing life insurance needs front-and-center in many planning discussions.  Whether you’ve been putting off buying life insurance for years,

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Did You Know There is a Financial Product That Can Offer Some Peace of Mind During Uncertain Times Like Now?

Mar 25, 2020

By Dan Schulte, Vice President and Manager, Annuities and Insurance

These last few weeks have demonstrated how connected our world is. In addition to the virus spreading, financial anxiety is also spreading across the land. While annuity products cannot make you immune from a virus, they can help relieve your financial anxiety by contractually guaranteed* products that can be designed to fit your needs.

When the market swings wildly as it has recently,

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Lifetime “Stretch” IRA Dies; Life Insurance Lives

Feb 27, 2020

By Dan Schulte, Vice President and Manager, Annuities and Insurance

The recently passed Setting Every Community Up for Retirement Enhancement (SECURE) Act, changes the post-death distribution rules for retirement account owners by requiring most beneficiaries to receive funds from their inherited account within 10 years after the original owner’s death.   This change mandates much faster distributions than what was previously allowed under the ‘stretch’ provision, which lets beneficiaries spread distributions over their own life expectancies. 

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Year-End Financial To-Do: Holidays Are a Great Time to Address “LTC Denial”

Nov 21, 2019

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Americans will travel near and far during the coming weeks to gather with family and friends for the holidays.  Many families will have someone close to them- possibly a parent- who needs help with activities of daily living for an extended period (long-term care).  Even with this reality, most families do not address their own likely future need for long-term care. 

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