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.
Hosanna Fletcher, a long-time resident of Newton County who has served in a number of significant leadership positions in the community, has been named as the new general manager for The Covington News.
Municipal bonds are considered the foundation for conservative investors looking for steady income. These bonds are issued by local and state governments and pay investors income that may be substantially exempt from Federal and possibly State income tax.
Pratt Industries, America's fifth largest paper and packaging company, celebrated the opening today of its newest recycling Material Recovery Facility (MRF), the final phase of its "eco-campus" expansion in Conyers.
Nia Wellman, a recent graduate of Alcovy High School, spent five weeks this summer discovering the responsibilities and benefits that come with being employed. This opportunity was made possible by the Workforce Innovation and Opportunity Act (WIOA) In-School Youth Program. Nia worked as an office aide at the City of Porterdale, giving her experience in interacting with the public and co-workers. She developed valuable organizational skills, a general knowledge of office procedures, as well as an understanding of what it means to be employed.
Vice Chairman of the Newton County Hospital Authority, Billy Fortson, told the Rotary Club of Covington Tuesday that Piedmont Healthcare System was the only one of the nine organizations looked at to merge with Newton Medical Center that fulfilled all of the local hospital's requirements.
The Covington Newton Chamber went On the Clock this month with Bridgestone Golf. Everyone knows Bridgestone for their rubber products, however their production of golf balls is making its way to the top with all production and marketing for them headquartered right here in Covington. All of their premium golf balls are produced here including their B-330 series for the professional golfer as well as the E-series for the recreational golfer. Bridgestone is now the No. 2 golf ball manufacturer in the United States and also No. 2 in sales.
From the outside, it looks a bit like a cross between a barn and a roadhouse. A verandah wraps around the front, and leads to the 1,900 square foot covered deck. Inside, there are tables and chairs, booths, a bar and two pool tables.
L. Jackson McConnell Jr., president and CEO of Pinnacle Financial Corporation and its subsidiary bank, Pinnacle Bank, Elberton, was installed as the 126th chairman of the Georgia Bankers Association (GBA) during the GBA Annual Meeting June 23. McConnell was elected to the position by his peers throughout Georgia.
Today, let's take a break from Bruce Jenner, the Confederate flag, Kim Kardashian's swim suit pictures and other related matters vital to our national security. Instead, let me address something that could be of great relevance to you in your retirement planning, which is the Greek financial crisis and could it work its way across the Atlantic to us.