Source: ThinkAdvisorBy William R. Buslee, Charles R. McGrew  | May 01, 2017 at 06:50 AM The rules can lead well-meaning clients without good advisors into tax-rule maze. The term modified endowment contract, or MEC, has been around for almost 30 years, yet it continues to confuse and “mystify” policy owners and agents alike. Since qualification as a MEC

Source: The Street By: Fisher Investments Jun 16, 2017 9:04 AM EDT Costly insurance programs dressed up as investment strategies are unlikely to prove beneficial to your financial health. What if we told you there was an investment that… Grows 100% tax deferred Provides 100% tax free income Is NOT reportable to the IRS Pays an average of 5% Allows investors

Source: the balance BY MIRIAM CALDWELL  Updated June 25, 2019 ! Most people are looking for ways to cut back on their spending. Little savings can add up, especially if you do it consistently over time, and doing several things all at once may mean that you can save significantly each month. Cutting back on your bad financial habits can make a big

Source: Real Investment Advice Let me start out by saying that I am all for any piece of advice which suggest individuals should save more. Saving money is a huge problem for the bulk of American’s as noted by numerous statistics. To wit: “Americans have an average of $6,506 in credit card debt, according to a new

Source: Forbes Patrick W. Watson Senior ContributorMarketsSenior Editor at Mauldin Economics Some things you just don’t question. Social Security is one of them. You pay into it your whole career, and you expect to get paid when you retire. No politician dares say you won’t. Now, if the politicians were honest, they would tell us

Source: The Motley Fool An index fund can give you exposure to many stocks in a single investment, and without the high fees of actively-managed funds. An index fund is a mutual fund or ETF that is designed to track a specific index of stocks, bonds, or another type of investment. For example, an S&P