What Happens To My 401(k) After My Death?
Posted: July 28, 2020
For many Americans, a 401(k) is the foundation of their retirement planning. The goal is to set aside sufficient tax-deferred dollars (ideally, with matching employer contributions) to see you through from the date of retirement to the date of your death. But what happens if you die before you have a chance to spend your 401(k) funds? You certainly can’t take it with you when...
Foods That Seem Healthy But Aren’t
Posted: July 25, 2020
Advertising can be misleading. Many foods on the shelves today bear labels designed to make them appear to be a good choice for a healthy diet. These labels may contain words such as, “non-GMO, gluten-free, fat-free, all-natural, low-fat, or sugar-free.” Although the labeling may be accurate, that does not necessarily mean the food is genuinely good for you. The following are some foods many people...
What If My Beneficiary Can’t Claim My Life Insurance Money?
Posted: July 22, 2020
Many people purchase life insurance policies to provide for a spouse and children. But what happens if your death arrives while your children are still minors? In that case, the life insurance company cannot pay out benefits until the court appoints a guardian for your minor children. That can be a lengthy process, requiring attorney fees and court costs. Similar problems could arise if your...
Does Workers’ Comp Cover Work-Related Accidents Outside The Workplace?
Posted: July 19, 2020
Most states in the U.S. require all employers to carry workers’ compensation insurance to cover employees in case of work-related injuries. What if a worker is injured in an accident that occurs at a location other than the job site or workplace? Generally, if the employee was acting in the course of his or her employment when the accident occurred, the incident will be covered...
Planning Your Driving Route For Maximum Efficiency
Posted: July 16, 2020
Whether you are taking a vacation road trip or commuting from home to work and back, it is smart to plan your route. Careful planning can help you minimize fuel costs and driving time and maximize enjoyment, safety, and efficiency. How To Find The Most Efficient Driving Route Avoid Left Turns The best route to travel is not always “as the crow flies,” or the...