Tag Archive: Financial Planning

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10 Factors That Can Affect the Cost of Your Life Insurance

Did you know that most Americans overestimate the cost of life insurance by as much as three times its actual cost? That’s right. Life insurance is likely more affordable than you think. However, several factors can influence...

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May 27, 20255/27/2025

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Cashing Out an Annuity Early? What You Need to Know

Life happens — and sometimes you need flexibility. If you own an annuity, you may reach a point when you need to access your money sooner than planned. Maybe it’s a home repair you didn’t see coming,...

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Mar 4, 20263/4/2026

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Retirement

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Qualified vs. Non-qualified Annuities

Planning for retirement can feel overwhelming, especially when you start comparing different types of annuities. One decision you will make is qualified vs. non-qualified annuities. Both qualified and non-qualified annuities have qualities that many find attractive. But...

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Feb 13, 20262/13/2026

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Retirement

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Understanding Annuity Taxes and How They Affect You

Planning for retirement can feel overwhelming, and taxes often make it even more complicated. If you’re considering an annuity or already own one, you might wonder how it will impact your taxes. The good news is the...

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Feb 4, 20262/4/2026

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Retirement

Stock photo shows a man and a woman sitting at a table. The woman is reaching across the table and shaking hands with a person across from her. On the table are an open laptop, a tablet, and papers. The people look to be sitting in a kitchen, and they look happy and content.

Immediate vs. Deferred Annuities: Which Is a Better Fit for You?

When you’re planning for retirement, timing matters. One tool to consider is an annuity, but it is important to understand the different types and their features. Two types of annuities are immediate and deferred. You can understand...

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Jan 13, 20261/13/2026

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Retirement

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Understanding Fixed and Variable Annuities

When you're planning for retirement, it's natural to want options that can help you feel more financially secure. Annuities are one way to create income in retirement — but not all annuities work the same way. Two...

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Dec 23, 202512/23/2025

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Retirement

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Annuities 101: Your Guide to Retirement Income

Planning for retirement can feel overwhelming. There are many options to consider, and it’s not always clear which ones might be right for you. One option that could help you create a more stable financial future is...

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Dec 19, 202512/19/2025

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Retirement

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WoodmenLife Member Was Ready to Enjoy Retirement — Fixed Annuities Helped Him Get There

Calvin Thompson knew when it was time to start looking at retirement. He had spent decades getting up in the dark and getting home in the dark. His long days as a diesel mechanic had him...

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Dec 16, 202512/16/2025

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Retirement

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Is Your Employer’s Life Insurance Enough?

Many Americans rely on the life insurance offered through their workplace benefits package. It can be convenient and cost effective, but can your employer-provided coverage truly protect your loved ones if something happens to you? Your Human...

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Oct 30, 202510/30/2025

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Understanding Your Life Insurance Policy

Imagine this: You’re sitting at the kitchen table, sorting through bills and other paperwork, and you come across your life insurance policy. You know it’s important — after all, it’s there to protect your family’s financial...

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Oct 21, 202510/21/2025

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