Sunday, August 30, 2009

What is Tax Qualified Money?

Knowing the difference between qualified and non-qualified retirement contributions is essential to maximizing your savings in the long run

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There are two different types of retirement accounts: qualified and non-qualified. Knowing the differences between the two can help when evaluating sound retirement planning methods and asset allocation tactics, as well as calculating tax planning strategies.

Whether a retirement account is qualified or non-qualified will influence the owner’s choice of the withdrawal amounts and the schedule of those payments.

How Much Nicotine Is in One Cigarette?

Although there are dozens of cigarette manufacturers, each one with multiple products, almost all cigarettes are produced in the same way. Since most cigarette companies use similar methods, cigarettes affect people in nearly identical ways regardless of the specific company that manufactured them. This is especially true with nicotine.
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Thursday, August 27, 2009

What Is Series 7?

Series 7 is the most common individual license in the investment industry

The Series 7 is perhaps the most common individual license in the investment industry. The formal name for this license is the General Securities Representative Examination. It is a very versatile certificate that allows its holders to conduct multiple types of transactions across countless product lines. These types of licenses are regulated at the federal level and are strictly monitored for compliance with various types of legislation regarding conduct of the license holders.

Series 7 License Education Requirements

All Series 7 reps must maintain at least a minimum level of continuing education

The Series 7, formally known as the General Securities Representative License, is the most common license in the investment industry. The Financial Industry Regulatory Authority, or FINRA, oversees license holders and is responsible for monitoring and regulating their conduct, as well as ensuring that proper industry education guidelines are met.

All Series 7 representatives are required to maintain at least a minimum level of continuing education to stay current with changes in products, services and legislation that directly affects their ability to conduct business and service the needs of clients.

Monday, August 24, 2009

Deductibles to Health Plans

Be careful when choosing the deductible for your health insurance plan, as this additional amount must be paid first before benefits actually kick in

Many of the group health insurance plans found in today’s workplace are filled with features designed to reduce the cost of the policies, while at the same time providing appropriate coverage for most foreseeable medical necessities.

One of the most common ways of reducing the monthly cost of such insurance is to require the insured members to fulfill a deductible, or specified payment amount, before the insurance carrier will pick up the remainder of the service cost. 

Thursday, August 20, 2009

What Is a Group Annuity 401(k)?

Many employers offer 401(k) retirement plans that are actually within group annuities. To most employees, there is little distinction made between a retirement platform of this type versus a 401(k) held at a mutual fund company.

Although the differences may be small, it is important for employees to understand which type of plan they have in order to take full advantage of their plan's features.

Tuesday, August 04, 2009

Ways to Sell Group Health Insurance

Being a group health insurance broker can be a very rewarding and lucrative specialization. Health insurance is a major area of concern for business owners, so a broker with the ability to handle their needs and their accounts makes him an indispensable ally.

Unlike other areas of the insurance industry, commissions on group health-insurance sales are paid on an "as earned" basis. Every month, when a business owner pays his group health-insurance premium, the broker collects a commission. The result is a relatively predictable income stream for the broker.

How to Set Up Outlook Email on a Samsung BlackJack

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Why Do Insurance Companies Test Blood & Urine?

Nearly every major life insurance company in the United States requires some sort of medical examination or evaluation for all new applicants, especially when the requested death benefit is above a certain threshold. Many insurance applicants are uncomfortable with this aspect of the life insurance acquisition process and do not understand the need for such an examination.