A New Child
Sometimes it seems that your child goes from teething to getting a driver’s license in the blink of an eye. The child-raising years are hectic – with a lot of comedy and drama along the way. Be sure to tap the brakes from time to time and plan for your family’s future.
CHECKING YOUR POCKETBOOK
A lot of changes come with welcoming a new child into your family—none more important than making sure your family is financially secure.
Do you have enough life insurance now that you have one more person relying on your income?
COLLEGE OR RETIREMENT
- Don’t automatically put your retirement financial goals on hold to pay for college. Talk with your advisor first.
- Students today can turn to grants, aid and scholarships to stay on their feet financially.
- Placing just part of what you’ve saved in single premium life insurance immediately increases the value of your estate, plus your beneficiaries potentially get the life insurance death benefit free of federal income tax.
- Talk with your advisor about how your life insurance policy can help provide for your family when you’re gone, and what you can do now to help minimize their taxes.