Three Key Questions to Answer Before Taking Social Security
Submitted by Blue Chip Financial on May 3rd, 2019When to start? Should I continue to work? How can I maximize my benefit?
Articles of Interest
Credit Cards versus Debit Cards
Submitted by Blue Chip Financial on May 3rd, 2019Most consumers typically have both a credit card and a debit card. Of course, the biggest difference between the two is that a debit card will immediately take money out of your bank account when used, unlike a credit card, which will pay for the purchase and later add the amount of the transaction to your monthly statement.
But are there any other differences between the two?
To Catch a Thief
Submitted by Blue Chip Financial on April 4th, 2019Having your identity stolen may be costly.
Many Americans have taken steps in recent years to protect their personal information, but savvy cybercrooks have overcome some of those defenses. A 2018 Javelin Research report found identity theft hit an all-time high in 2017, affecting an estimated 16.7 million consumers. For the first time, Social Security numbers were compromised more frequently than credit card numbers.1
If you have not taken measures to protect yourself, it may be a good idea to consider your options.
Top 15 Money Management Tips
Submitted by Blue Chip Financial on April 4th, 2019We all have our own unique relationship with money. We certainly have our own unique way of both spending and saving money. However, if you’re ready to start putting some money aside, or looking for tips on money management, or even the best way to pay your bills, the following tips may provide a little bit of help.
IRA Withdrawals That Escape the 10% Penalty
Submitted by Blue Chip Financial on March 19th, 2019An IRA, or Individual Retirement Account, is a tax-advantaged savings account that is subject to special rules regarding contributions and withdrawals. One of the central rules of IRAs is that withdrawals prior to age 59½ are generally subject to a tax penalty because policymakers sought to create a disincentive to use these savings for anything other than retirement.1
A Retirement Fact Sheet
Submitted by Blue Chip Financial on February 14th, 2019Some specifics about your “second act" - also known as: some financial facts to consider for your retirement.
Financial Planning with Life Insurance
Submitted by Blue Chip Financial on February 5th, 2019Many people are familiar with the basic concepts of life insurance and understand that some level of protection is a necessary part of modern financial life. The question of what life insurance can actually accomplish, when considered as part of an overall financial plan, is more involved and worth a closer look.
Do Spouses Need the Same Amount of Life Insurance?
Submitted by Blue Chip Financial on January 24th, 2019It depends. If there is a significant difference in income and current life insurance coverage, determining the amount of life insurance for each spouse, is best resolved by considering each spouse's individual cash and income needs.
Making a Charitable Gift from Your IRA
Submitted by Blue Chip Financial on January 24th, 2019Follow the rules, and you may get a big federal tax break.
Five Ways to Save on Healthcare Costs
Submitted by Blue Chip Financial on January 4th, 2019It’s certainly no secret that healthcare costs have escalated in recent years, and there’s no reason to believe that the end is in sight. But whether you have a comprehensive health insurance policy or have purchased a catastrophic policy, there are ways to save on healthcare costs.
