A will allows you to specify how your property, bank accounts, and personal belongings should be distributed. You can even direct assets to charities or organizations. However, a will doesn’t cover everything: Life Insurance Proceeds:These pass directly to designated beneficiaries, not through you...
Term life insurance is a good idea for most people who have financial obligations that will last for a specific amount of time, like a mortgage or children’s education. If you have financial obligations or dependents, term life insurance can help ensure your beneficiaries are taken care of if...
The big question: Is AD&D insurance worth it? The main thing to remember is that AD&D coverage supplements life insurance, which helps cover expenses after you die, and disability insurance, which covers you if you’re injured and can’t work. If you have dependents who would suffer finan...
The Future of Social Security Social Security benefits may not be enough to cover expenses, but many retirees would find it difficult to survive financially without them. Future retirees are concerned about the program's health: a 2023 Gallup poll showed that 50% of nonretired workers expect to...