What Happens If I Stop Adding To My 401(k)?
Posted: February 28, 2020
What Happens If I Stop Adding To My 401(k)?Contributions to a 401(k) can stop for a variety of reasons. You may have been laid off or fired or left your job voluntarily. You could also choose to stop your 401(k) contributions while still employed with the company, with no penalty for doing so. What happens to your 401(k) after you stop adding to it may be largely up to you, depending on the...
Can I Designate Someone Other Than A Family Member As My Beneficiary?
Posted: February 22, 2020
Can I Designate Someone Other Than A Family Member As My Beneficiary?Although many people name family members as beneficiaries on their life insurance policies, it is certainly not a requirement. There are almost no rules restricting who you can choose, and you can change your beneficiary at any time (for example, after a divorce). The only universal restriction for life insurance beneficiaries is age. You cannot name a minor as your beneficiary. To provide a person...
Keeping Costs In Check? Here’s Why You Shouldn’t Cut Corners On Business Insurance
Posted: February 21, 2020
Keeping Costs In Check? Here’s Why You Shouldn’t Cut Corners On Business InsuranceOwning a small business can be one of life’s greatest balancing acts. Every day there’s the stress of managing employees, finding (and retaining) customers, and monitoring cash flow. And on top of that, you’ll always feel the pressure to keep costs down — and productivity up. For business owners looking to boost their bottom line, cutting back on insurance expenses can be a real temptation....
Builders Risk Insurance Vs. Contractors Insurance
Posted: February 19, 2020
Builders Risk Insurance Vs. Contractors InsuranceIf you are in the construction business, you need the right types of insurance coverage to protect yourself. You are likely to need builders risk insurance in addition to contractors insurance. Together, these two forms of coverage can protect you against certain losses. What Is Builders Risk Insurance? Builders risk insurance is designed to cover a contractor’s equipment, materials, and property related to the construction...
Basic Dryer Maintenance: How To Clean Dryer Vent Systems
Posted: February 18, 2020
Basic Dryer Maintenance: How To Clean Dryer Vent SystemsClothes dryers are responsible for nearly 15,000 house fires each year. And according to the National Fire Protection Association (NFPA), the leading cause of dryer fires is failure to clean lint from the system. We all know the importance of cleaning your dryer’s lint trap to prevent dryer fires. But many homeowners neglect to look beyond the machine itself to inspect their home’s dryer vent....
