Posts by Principal
Federal stimulus for business: CARES Act, PPP Flexibility Act, and loan forgiveness
Hundreds of thousands of businesses coping with the COVID-19 crisis rushed to apply for emergency benefits through the Coronavirus, Aid, Relief, and Economic Security (CARES) Act, an unprecedented $2.3 trillion of federal stimulus. The initial $350 billion for its Paycheck Protection Program (PPP) all had been claimed by mid-April, prompting Congress to add $310 billion more…
Read MoreAnnuity basics: Is an indexed annuity right for you?
Indexed annuities offer the best of both worlds—the opportunity for additional growth without the risk of losing your premium. Learn more about them and see if they could benefit your long-term retirement investment strategy. Benefit from market growth, without the risk of losing your premium An indexed annuity is a type of fixed annuity. It’s an…
Read MoreFunding your retirement: 6 things to know about annuities
You’ve likely spent decades saving for retirement. Or maybe you’re still building your nest egg. Whether you’re ready to start enjoying what you’ve worked for now or a ways down the road, an annuity can help ensure that your money lasts for as long as you need it. Here are 6 things to know as…
Read MorePreparing for retirement: Test your knowledge about annuities
You’ve likely been saving for retirement for a long time. So you’re probably familiar with the typical ways to build your nest egg—401(k)s, IRAs, investments, and personal savings accounts. But what about annuities? Test your knowledge about this retirement investment option, and see if it could be a good fit for securing your financial future.…
Read MoreWho needs life insurance?
Would your family be financially secure without your income? Could you use another way to save for retirement? Life insurance can help you with both. While talking about life insurance may not be a conversation you want to have, the sooner you do, the sooner you can rest easier about your family’s financial future. Life…
Read MoreLiving your best retirement: Calculate how much income you’ll need
Everyone has their own idea of what retirement looks like. Maybe it includes travel. Or buying a vacation home. Or spending more time with grandkids. Making plans for the life you want should also include a plan for your retirement savings so it can go the distance. With retirement on the horizon, now is a good…
Read More3 insurance myths, busted
You probably insure your home, car, and health—maybe even your pet. Now, how about your life and income? It’s not particularly fun to think about what would happen if you got too sick to work, or how your family would manage if you died. But it helps to put some protection in place—for their future,…
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