The U.S. Department of Labor’s ERISA Advisory Council’s announced this month that it is looking at why people are moving their retirement assets out of employer-sponsored plans such as defined benefit plans. The amount of retirement dollars moving out of these plans has gotten their attention. Much of this transfer of assets is from Baby […]

Many people shop for long term care insurance knowing that this type of policy could come in handy at some point in the future. At the same time, some people shy away from buying coverage because they are unaware of what it offers and when they can make a claim. Any of our California readers […]

A Seattle man is using his story as a cautionary tale to others who decide not to get long-term disability insurance. Although he was once a successful businessman working for a health care company and earning a six-figure income, he depleted his family’s savings, had to sell his home and lost his marriage. Now, at […]

As one of our California readers, you are well aware that a long term disability could change your life forever. Furthermore, if you don’t have the appropriate protection in place, you could find your financial situation taking a turn for the worse. Regardless of your age or current level of health, it is important to […]

Increasingly, employers are offering long-term disability insurance to their employees. However, according to the Council For Disability Awareness, the number of employees choosing to take advantage of this employee benefit decreased last year The group, which represents 19 insurance companies, found that while the number of employers rose, albeit slightly, for the second consecutive year, […]

The Northwestern football team voted on whether or not the players should unionize. They are concerned about the staggering amount of money the football team generates for the University while some collegiate players struggle to even feed themselves.

Frank N. Darras also discusses the risks that collegiate stars and NFL players face. Going from 1^st round to 2^nd round can drop a player’s value by $30 million.

Quote from the Show:

“The average career in the NFL is 3.9 years. Pretty unbelievable.”

We have discussed on multiple occasions the importance of long-term care insurance. However, according to a study by “Spectrem’s Millionaire Corner,” only a minority of people — even affluent ones — purchase it. Among people with a net worth of $5 million to $25 million, only 37 percent have it. A quarter of this group […]

Whether you live in California or in another part of the United States, buying long term care insurance is something you must consider at some point in your life. By taking a closer look at long term disability statistics, it becomes clear that many people before you have run into this type of issue. According […]

Medical histories are something that many employees consider to be private, and they do not always want to share them with their employers. However, when they are putting in a claim for benefits due to an injury that has caused a disability, it is important for them to make sure that this does not get […]