5 Reasons to Claim Social Security at 62 if There’s a Second Wave of COVID-19
There are a lot of differing opinions out there on the benefits of claiming Social Security early versus late. Since claiming early reduces your benefits, some say that it’s not [...]
5 Reasons Why Now is the Time to Invest in a Fixed Indexed Annuity (FIA)
As more Americans continue to file for unemployment, experts are wondering when our economy will get back on track. In effort to boost the economy, the Fed has said they [...]
6 Reasons Why You Should Consider Bond Replacement
You might have heard a financial advisor talk about replacing your bonds with annuities to protect your wealth and grow your retirement funds. At Active Wealth, we believe this is [...]
What You Need to Know About an Irrevocable Life Insurance Trust (ILIT)
What is an ILIT? An ILIT is created by the individual (the grantor) during their lifetime. It cannot be rescinded, amended, or modified after it is created. An Irrevocable Life [...]
7 Questions to Assess Your Financial Health
The Coronavirus pandemic has wreaked havoc on many people’s finances. While it’s always important to know where you stand financially, it is more important than ever to assess where you [...]
5 Ways to Jumpstart Your Business After the COVID-19 Pandemic
When the world began to shut down in early March, you may have been wondering how your business could survive. How would you pay bills or pay your employees? In [...]
Small Business Owners Could be at Risk of a 50% Excise Tax!
If you are a business owner who has a defined-benefit plan, you should be careful that your account does not become overfunded, otherwise you could be a risk for a [...]
Leave a Remarkable Legacy With a Beneficiary Liquidity Plan
What is a Beneficiary Liquidity Plan? When a loved one passes away, the last thing anyone wants to be worried about is paying for a funeral. You should have the [...]
4 Steps New Parents Can Take to Financially Prepare
From making a budget to taking advantage of tax breaks and insurance, here’s a guide for new parents to help make the most of your family budget. As a new [...]
What is a SEP IRA?
A Simplified Employee Pension (SEP) IRA is a retirement savings plan established by employers – including self-employed people – for the benefit of their employees and themselves. Employers may make [...]