by Marilou Davido | Oct 12, 2023 | Resources
The Key Differences between Short-term and Long-term Disability Insurance Short-term and long-term disability insurance are two types of coverage that provide financial protection in the event of an individual’s inability to work due to a disability or...
by Marilou Davido | Oct 10, 2023 | Resources
Employer group portable life insurance is a type of life insurance coverage offered through an employer as part of their employee benefits package. It provides employees the option to continue the insurance coverage even if they leave their job or experience...
by Marilou Davido | Oct 3, 2023 | Resources
Term Life Insurance and Whole Life Insurance are two distinct types of life insurance policies that can serve different purposes and have unique features. Here’s an explanation of the key differences between them: Coverage Duration: Term Life Insurance:...
by Marilou Davido | Sep 26, 2023 | Resources
Even if you are under age 59 ½, if you paid expenses for higher education during the year, you may be exempt from the federal 10% early withdrawal penalty for the portion of a taxable distribution from an IRA or Roth IRA that is less than the qualified higher...
by Marilou Davido | Sep 18, 2023 | Resources
If employed, your employer withholds income tax from your paycheck and pays it to the IRS and state taxing authority in your name. Tax liabilities and withholding amounts are reconciled during tax season, resulting in either a tax refund or a tax payment due. A...
by Marilou Davido | Sep 18, 2023 | Resources
Capital Gains Unrealized The term ‘unrealized’ describes the appreciation or decline in market value of a security during the holding period. At the time of sale, the unrealized gain or loss becomes realized (see below). Realized The term ‘realized’ describes the...
