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.
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.
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.
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.
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.
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."
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.
The problem with how to fund for the risk of Long Term Care expense continues to increase, and the number of lives covered through insurance and premium volume has dropped significantly in the past 12 years. Industry giants like Prudential, MetLife and Allianz have exited the market.
If there's anything that will catch the eye of our elected officials in Washington, DC, it's an advertisement like this article's heading. There's more than a few pundits predicting the government will one day attempt to confiscate retirement plans to help lessen our national debt.
Exchange Traded Funds or "ETFs" were first introduced in the early 1990s, but it wasn't until 2008 that the first actively managed ETF reached the market. In less than 10 years this section of the market has grown to over one trillion in assets.