If you established a limited liability company (LLC), you chose that type of entity for the protection it provides to your personal assets, along with the tax benefits. Unfortunately, even an LLC cannot entirely protect you from some risks. While your personal assets are generally protected, in certain situations, you
If you are planning a last summer road trip, your insurance matters more than ever. An auto accident is most likely to occur in the summer months, with August and September topping the list, as reported by the NHTSA (National Highway Traffic Safety Administration). The streets, roads, and highways are
You are fortunate if you work for a company that offers a 401(k) plan as part of its benefits package. Most plans allow employees to start contributing tax-deferred dollars toward retirement with the first paycheck. Many employers provide matching contributions right away, although some require a year of service before
Regular exercise is among one of the best ways to stay healthy throughout your lifetime. During the hot summer months, taking some precautions can help you stay safe and avoid heat-related health risks. Before you go outside to run, walk, or perform any physical activities in hot weather, follow these
Talking about life insurance does not need to be morbid or depressing. The discussion can be smooth if you approach the subject right. An estimated 30 percent of families in the USA do not have life insurance, and if your family is part of that 30 percent, it is time
If your income is very low, you may not need more health insurance than Medicare. Low-income individuals who are eligible for Medicare may also qualify for Medicaid – a joint federal and state low-income assistance program. For people who have both, Medicaid will pick up where Medicare coverage leaves off.
If you work in a shared office space, it is essential to ensure you are protected against specific risks. If your business operates out of a coworking space, a commercial property insurance policy brings added protections. The office furniture and equipment owned by your business will be expensive to replace
If you own undeveloped property, does it need to be protected with a separate insurance policy? The personal insurance section of your homeowners policy may cover vacant land up to a specific limit. If a lawsuit is filed against you for personal injury on the property, the policy limit may
It is important to plan for the future of a business, but life can be unpredictable. A buy/sell protection plan is designed to help keep your business secure if the unexpected should occur. What Is a Buy/Sell Agreement? A buy/sell agreement is a contract between business partners, stipulating how a
When you reach age 65, you gain an advantage – you are eligible for Medicare. If you already have health insurance through your employer, through your spouse, or purchased as an individual, it can help to know how Medicare will affect that health insurance. When you sign up with Medicare,
