Faith, Family, Financial

Individual Retirement Arrangements (IRAs) are retirement funds to be used during the IRA Holder’s retirement. As you may be aware, contributions to a Traditional IRA, SEP-IRA, and SIMPLE IRA are generally pre-tax*, meaning the IRA Holder will not be taxed on the contributed amount in the year “for which” the contribution is made. This is intended by Congress and the […]Read More Navigating Required Minimum Distributions

While there is an insurance plan for everyone, many people underestimate their earning power when it comes to choosing the right one. For example, a 30 year old couple earning a total family income of $150,000 per year without any raises, will have earned a total of $5,250,000 by age 65. How much will you earn in your lifetime, and […]Read More An Insurance Plan for Everyone

It’s understandable that there’s concern about the safety of financial institutions, especially with the volatility of the banking industry, as reported in the news. With Catholic Life, rest assured that because of our prudent best practices management, your life insurance and retirement funds are secure. Insurance companies are required by law to set aside a portion of their assets to […]Read More How Safe Are Life Insurance Companies?

We all remember those days, early in life, when our goals were clear – buy a home, save for an emergency, and protect our families. With retirement years away, we focused on our basic necessities, but soon we were bombarded with advice on growing the amassed savings that became designated as retirement. While there are strategies that offer a quick […]Read More Avoid the Rollercoaster

It’s a new year and if you’re like millions out there, you’ve made resolutions to improve many areas of your life. It’s the best time to set goals to save money, and review your financial accounts. An annual review will prepare you for the unexpected ‒ an emergency, long-term illness, or even death. Let’s face it, we’re busier than ever, […]Read More Time for Your Annual Review