Affordable Care Act

ACA Employer Contributions Refunds

ACA Employer Contributions Refunds The Affordable Care Act (ACA) offers employers of all sizes a tax credit to help offset the cost of providing health insurance to their employees. The credit is refundable, meaning that employers can receive a refund from the IRS if the credit is greater than their tax liability. How much of…

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level-term

Guaranteed Level Term

Guaranteed Level Term Guaranteed level term life insurance is a type of term life insurance policy that has a guaranteed death benefit and level premiums for the entire term of the policy. This means that you can be sure that your beneficiaries will receive the full death benefit, no matter how long you live, and…

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Single Premium Whole Life

Single Premium Whole Life

Single Premium Whole Life Single premium whole life insurance (SPL) is a type of life insurance that allows you to pay the entire premium upfront, in exchange for a guaranteed death benefit that lasts for the rest of your life. Whole life insurance is a type of permanent life insurance, which means that it provides…

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The 4% Rule

The 4% Rule The 4% rule is a popular retirement withdrawal strategy that suggests retirees can safely withdraw an amount equal to 4% of their savings during the year they retire and then adjust for inflation each subsequent year. The rule was developed by financial advisor William Bengen in 1994, who analyzed historical stock and…

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Understanding An Integrated Deductible

Understanding An Integrated Deductible An integrated deductible is a type of deductible where both prescription drug and medical expenses contribute towards your medical deductible. This means that you only have one deductible to meet, regardless of whether you are seeing a doctor or filling a prescription. Integrated deductibles are most commonly found in high-deductible health…

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