You may be counting on funds from a defined benefit plan to help you achieve a comfortable retirement. Often referred to as traditional pension plans, defined
In a word, no. Estate planning allows you or anyone to implement certain tools now to ensure that your concerns and goals are fulfilled after you die. Your
Yes. If you already receive Social Security based on your spouse's earnings record, you'll continue to receive it as long as you live (or in some cases, until
Answer:
A dependent child may qualify to receive benefits based on your earnings record. To receive benefits, your child must be unmarried and be under age 18
If you're thinking about buying life insurance for your child, consider the decision carefully. The main purpose of life insurance is to replace income lost
Generally, life insurance proceeds paid to you because of the death of the insured are not subject to federal income tax. To qualify for such favorable tax
Will my beneficiaries have to pay taxes on the proceeds of my life insurance policy?
Answer:
If you mean the death benefits of the insurance policy
Why did you purchase life insurance? If you're like most people who buy life insurance, you're looking to provide a source of income for someone (e.g., a spouse
Birthdays may seem less important as you grow older. They may not offer the impact of watershed moments such as getting a driver's license at 16 and voting at
If you are 50 or older, or you will reach age 50 by the end of the year, you may be able to make contributions to your IRA or employer-sponsored retirement plan
Even with all of your savvy college shopping and research about financial aid, college costs may still be prohibitive. At these prices, you expect you'll need
When your child first started school, you doled out the change for milk and a snack on a daily basis. But now that your kindergartner has grown up, it's time