Mutually Speaking
Understanding Trump Accounts
A Trump Account is a tax-advantaged investment account designed to help a child build long-term savings. It works like a traditional IRA for a child, and special rules apply while the child is under age 18. These accounts were created under IRC §530A. This article is meant to help readers understand how Trump Accounts work and…
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Empty Nest? Time to Reevaluate Your Life Insurance
Many parents spend the better part of two decades raising their children and providing...
What Is the Difference Between SGLI and VGLI?
As a current or former member of the United States military, you have access to either...
What Is the PACT Act?
The PACT Act, signed by President Biden on August 10, 2022, is an expansion of the...
How Does Life Insurance Work?
Life insurance is one of the few things in life that you pay for while intending to...
Taxes in Retirement
In retirement, your income may come from several sources, including Social Security,...
Securing Income Through Retirement
Living on a fixed income during retirement years can be a difficult adjustment. Many...