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Articles by Section - Business


Life Insurance for Mortgage Protection

It seems like the majority of topics for my articles brings back memories, some good and some less than memorable. This is one of the ...

September 25, 2016 | Mike Lassiter | Business


Annuity income riders: your personal pension

Most of our parents could expect a pension plan from one or more employers when they reached retirement.

September 04, 2016 | Mike Lassiter | Business


One Size Fits All?

"One size fits all" would be wonderful for me. All of my Dockers slacks would be a 36-inch waist forever instead of my keeping multiple ...

August 07, 2016 | Mike Lassiter | Business


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Archive By Section - Business


Insurance exchanges that benefit policyholders

In my previous article I discussed the benefits of tax-free exchanges under Section 1035 of the revenue code. Over the years, I have completed more than a few exchanges that truly helped the policyholder. Here are a few examples and one or more of these might apply to you:

July 17, 2016 | Mike Lassiter | Business


New women’s fashion boutique coming to the Square

Blair on the Square Boutique, an upscale women's apparel boutique, will open on the Covington Square, 1115 Church Street, in September.

July 16, 2016 | Jasmine Floyd | Business


Boutique to take root on the Square

A new boutique featuring apparel for both men and women will open its doors on the Covington Square in late August.

July 16, 2016 | Jasmine Floyd | Business


Bodycote, 50 jobs, come to Covington

The regional headquarters of Bodycote, a thermal processing service provider, is now located in Covington.

June 29, 2016 | Bryan Fazio | Business


Tax-free exchanges

One of the provisions of the Revenue Code that is very attractive to life and annuity policyholders is Section 1035. This provision of the Code allows you to transfer the values from a life policy or an annuity to a new contract and defer taxes on your gain. Life policy values may be transferred to a new life policy or a non-qualified annuity. A non-qualified annuity may also be transferred to another non-qualified annuity, but annuity values may not be transferred to a life policy.

June 26, 2016 | Mike Lassiter | Business


Baxalta becomes Shire

Shire plc completed its merger with Baxalta Friday, creating what is expected to be a global leader in rare diseases.

June 03, 2016 | Bryan Fazio | Business


Baxalta, Shire agree to merger

Shareholders of Baxalta, Inc. and Shire PLC agreed Friday on a merger that is expected to be finalized on June 3.

May 27, 2016 | Bryan Fazio | Business


Manufacturing in Newton County employs thousands

Newton County continues to grow, attracting retail shops and industrial and manufacturing plants. The products made here range from the fibers used to make disposable diapers to dry cereals to golf balls.

April 30, 2016 | Sandra Brands | Business


Future taxes on retirement assets

One of my questions when I get involved in a discussion with people about a financial matter, ObamaCare for example, is "Who is going to pay for all of this?" The topic could also be something like local recreation or the new Braves stadium, and my question remains the same.

April 24, 2016 | Mike Lassiter | Business


Rib Shack offers free ribs next Sunday

The first 100 diners at two Covington area Shane's Rib Shacks on Sunday, April 30, will get a free half rack of slow-cooked baby back ribs, a 20-ounce beverage and special edition Rib Giveaway T-shirt to kick off summer BBQ season.

April 23, 2016 | Staff Report | Business


Scams directed at seniors

Let's face it – I'm a senior citizen now and will turn 68 later this year. UGA's famous Dean of Men, William Tate, labeled turning age 65 as "statutory senility" so I'm there. In my business, I have fielded more than a few cases of seniors being targeted for various types of fraud.

April 10, 2016 | Mike Lassiter | Business


Should you use a Robo Advisor?

Although computer based investment programs have been around for many years, the term "Robo Advisor" is a relatively new label. I can envision the Terminator placing my call on hold with the message of "I'll be back."

March 27, 2016 | Mike Lassiter | Business


The important retirement question

When you retire, how long do you want your retirement income to last?

February 28, 2016 | Mike Lassiter | Business


FiberVisions plant manager recognized as Face of Manufacturing

Sarah Daly is an engineer. The Kentucky graduate is plant manager at FiberVisions, helping to produce fibers for products such as diapers, wipes, tea bags, air filters and Swiffer Dusters, at the Covington plant. She says she is 70 percent like her father, also an engineer.

February 27, 2016 | Bryan Fazio | Business


You have more options for college funding than you think

The cost of their children's college education will take a big bite out of parents' retirement savings.

January 31, 2016 | Mike Lassiter | Business


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