I Am Your Life Insurance Policy

What Life Insurance Can do for you.

I am a piece of paper, a drop of ink and a few pennies of premium.

I am a promise to pay.

I help people see visions, dream dreams and achieve economic immortality.

I am education for the children.

I am savings.

I am property that increases . . . → Read More: I Am Your Life Insurance Policy

In Michigan Banks Fees may go up

In Michigan Biggest banks charging more for fees

Consumers should start preparing for higher bank and ATM fees. Two recent reforms that were supposed to help consumers have prompted the higher fees. The first is that banks are no longer allowed to charge overdraft fees on debit card purchases without permission. The second is a . . . → Read More: In Michigan Banks Fees may go up

Michigan IRA, a Retirement Plan

Traditional Michigan IRA: Savings vehicles with tax advantages

IRA (Individual Retirement Account) is one of the more popular ways for you to build a retirement nest egg.  Tax deferral is one of the reasons for its popularity.

Contributions to a traditional Individual Retirement Account may be deductible from your income, lowering the federal income . . . → Read More: Michigan IRA, a Retirement Plan

Life insurance: It’s for the people who live

Life Insurance

Life insurance is a practical way to protect your family’s financial hopes and dreams. The death of a family member can be devastating to survivors both emotionally and financially. Life insurance can provide cash to help with your family’s immediate and long-term needs.

Immediate needs include funeral expenses, unpaid medical bills and . . . → Read More: Life insurance: It’s for the people who live

Term Life vs. Group Mortgage Life Insurance

Term life vs. Group mortgage life insurance

There are things to consider in comparing term life insurance to the group mortgage life insurance offered by many financial institutions.

Group mortgage life policy* The financial institution is the automatic beneficiary for the amount due. Policy choices usually have less flexibility for amounts and periods of . . . → Read More: Term Life vs. Group Mortgage Life Insurance

Charitable Giving in Michigan

Leave a legacy in Michigan through charitable giving

Charitable contributions help organizations such as schools, hospitals, museums, zoos, arts organizations, recreational facilities and places of worship, they all strive to make the world a better place and to improve the quality of our everyday lives. Many, if not most, of these organizations are non-profit, which means . . . → Read More: Charitable Giving in Michigan

Michigan IRA Reasons to Save

Michigan IRA : A few more reasons to save

By opening an Michigan IRA (Individual Retirement Account) before April 15, 2016, you may be able to take advantage of some potential tax benefits on your 2015 tax return.

Many people set goals to save more money to support a comfortable retirement. Even if your . . . → Read More: Michigan IRA Reasons to Save

Life Insurance, Universal Life or Whole Life Insurance?

Universal Life or Whole Life? You have choices in life insurance

When looking for a new car, you have choices between numerous models, manufacturers and colors. The same can be said for insurance. Your selection will depend on a number of factors, but there is more than likely an option to fit your needs.

. . . → Read More: Life Insurance, Universal Life or Whole Life Insurance?

Michigan Health Savings Accounts

HSA:

Health Savings Accounts a tax-advantaged way to reduce health insurance costs

To help reduce health insurance costs, the Health Savings Account (HSA) might be the right option for you. HSAs have grown in popularity as a way for consumers to manage the costs of healthcare. 

The concept of HSAs is simple. First, to be . . . → Read More: Michigan Health Savings Accounts

Michigan Business Retirement Plan for Employees

Business Retirement Plan for Employees

Do you have a plan for your employees?

If you are self-employed or the owner of a small business, you probably understand the difficulties in finding and keeping qualified employees. There are many factors that an employee will consider when deciding where to work. One that may be overlooked . . . → Read More: Michigan Business Retirement Plan for Employees