Are Fixed Indexed Annuities Too Good To Be True? 5 Things You Need To Know
June 15, 2020
What is a fixed indexed annuity (FIA) again? An FIA combines the low-risk elements of fixed annuities (you can’t lose your primary) with the potential capped returns of variable annuities (you can see substantial growth). In other words, you have a lot of reward with little risk. (We love to hear those words in investments!) […]
Is Life Insurance Taxable
June 8, 2020
Is Life Insurance Taxable? You know those stories about lottery winners spending all of their money, only to have to turn around and pay taxes they can no longer afford? Will the same thing happen when you receive your life insurance payout? It’s complicated. So let’s talk about four different types of taxes which might […]
3 Reasons Why Retirement Annuities Are A Win For You
June 2, 2020
Planning for retirement seems easy at first glance – right? Save some money from each paycheck.Invest.Be patient.Let your wealth grow naturally. Once you actually reach retirement, it becomes more complicated. Having financial security becomes more complicated and critical than ever. Are annuities too dangerous to include in your retirement plan? Here’s the 3 reasons why […]
5 Ways RMDs Are Changing In 2020
May 29, 2020
Did you know that the CARES Act of 2020 impacts your retirement? Here are some fun facts: Some Social Security beneficiaries will receive “Recovery Rebates.”RMDs are not due for 2020. Period. IRAs, 401(k)s, 403(b)s, and 457s are also on hold. Mixed with the SECURE Act provision, what does this mean for RMDs in 2020? Abe […]
What Are Fixed Indexed Annuities
May 25, 2020
When you’re looking for upside potential with downside protection Fixed indexed annuities are simply tax-deferred, long-term savings which provide principal protection along with opportunity for growth. They have more growth potential than fixed annuities with less risk, but less potential return than variable annuities. Guaranteed protection with growth potential! In a market where investors are […]
Retirement Planning & 7 Ways It’s Changing Because of COVID-19
May 18, 2020
The COVID-19 pandemic is jeopardizing financial security for the next generation of retirees. Does that include you? What economic repercussions are likely to follow the pandemic? How does that impact your investments, benefits, and retirement opportunities? So glad you asked! Retirement savings might disappear by the trillions. Back in 2008, the Russell 3000 index plunged […]
Maximizing Social Security Benefits
May 11, 2020
Tune in to listen to Abe Abich from Abich Financial Services discussing the best ways to maximize your social security benefits coming our of COVID-19 and in the coming years.
Virtual Town Hall with Abe Abich
May 8, 2020
If you missed the Virtual Town Hall in May, but are excited to hear how Abich Financial Services is serving you and your family well in this time of international upheaval, tune in to Abe’s speech and Q&A via this live recording!
What You Need to Know About Social Security Both During and After COVID-19
May 4, 2020
In the wake of COVID-19, we’re seeing one of the worst market downturns since 2008. Wondering what financial moves to make during crises can be overwhelming. While no one has a crystal ball to determine the future, our clients think we do and are very satisfied with our financial leadership during this crisis. Our next […]
