Archive for the 'Financial Services' Category

Fidelity & Guaranty Life 3 Year Annuity 2.75%

May. 10th 2018

 Fidelity & Guaranty Life is increasing the interest rate on their FG Guarantee-Platinum® 3 SPDAto 2.75 percent1 effective May 7, 2018.  

This higher rate joins our recently announced MYGA 5 & 7 rate increases making this series the most competitive in the market today.2 

Take advantage of these rates while they last.

Contact Roberson Tierney and Associates for more information – 860-379-6700

 

*This initial interest rate is effective for new annuities issued as of May 7, 2018, for the first three contract years only. Thereafter, the company may declare at its sole discretion a new rate that could be lower. This initial rate is also subject to change at any time in the company’s sole discretion for new contracts.

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Fixed Indexed Annuities Beat Out Bonds

Mar. 21st 2018

In his latest research, economist Roger Ibbotson argues that fixed indexed annuities have the potential to outperform bonds in the near future and smooth the return of a portfolio.

He states, ““I’m not necessarily advocating you go all in,” on fixed indexed annuities, Ibbotson says. “I think combinations of stocks and bonds and fixed indexed annuities are good.”

Read full article here.

At Roberson Tierney and Associates we are well versed in these products and can answer any questions you may have. Call 860-379-6700 for help.

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Is your CD (certificate of deposit) up in April?

Feb. 21st 2018

What does a bank CD stand for?

A bank CD stands for Certificate of Deposit and it is a financial product commonly sold in the United States by banks, thrift institutions and credit unions. They are very similar to savings accounts in that they are virtually risk free.

How does a CD work?

In exchange for depositing money into a bank for a fixed period of time (or duration), they then pay a fixed interest rate that’s typically higher than regular savings accounts.

Who has the best CD rates?

As of Feb 2018 NerdWallet shared the best CD rates which averaged from 2.35%-2.55%.

Roberson Tierney has an alternative product offering a 5-year 3.6% guaranteed interest growing tax deferred annuity!

What is Tax Deferred?

Because annuities are classified as non-qualified retirement instruments, they receive a tax benefit in the form of tax deferral on earnings. Earnings are taxed as ordinary income upon withdrawal or annuitization.

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5 Year Annuity Rate Has Increased from 3.1% to 3.25%

Jan. 10th 2018
Do you have a CD coming due? 
If so, we have a 5 year CD alternative offering 3.25% guaranteed interest growing tax deferred!
 
What is tax deferred?
Because annuities are classified as non-qualified retirement instruments, they receive a tax benefit in the form of tax deferral on earnings. Earnings are taxed as ordinary income upon withdrawal or annuitization.
 
With the income limits changing on the Medicare Savings Plan & Extra Help Programs, this may help you keep your income under the limits.   
 
You also have access to a portion of the money without a penalty!
 
Contact us today to get more information or sign-up for a CD alternative plan today!
 
Roberson Tierney and Associatiates
Phone: 860-379-6700

Northwest Community Bank: Listen, Learn, Leave

Oct. 3rd 2017

Northwest Community Bank: Listen, Learn, Leave on Wed, Oct 18, 2017 is presenting topics on Social Security Planning, Medicare and Retirement Planning. They are offering two different sessions. Seating is limited. Please RSVP by Fri, Oct 13, 2017 by calling Susan Tycienski at Northwest Community Bank at 860-379-7561.

3.1% Fixed Interest 5-Year Annuity | Limited of Time Offer

Feb. 6th 2017
Do you have a CD or annuity coming due soon or need to invest money but frustrated by the return on investment or level of risk offered to you?  Roberson Tierney has a safe investment tool that will yield 3.1% fixed interest.  For a limited of time only, you can invest in this 5-Year Annuity alternative and enjoy peace of mind as your money works for you.
 
Call Roberson Tierney today at 860-379-6700 for more information.

Planning for your Future

Sep. 15th 2016

While many of us make our own retirement plans, no one is able to prepare for all of the complexities of the future without professional help.

Take the case of Mary Smith, who recently lost her best friend and neighbor of almost 40 years to Alzheimer’s. Nancy had been an active, energetic person, always helping Mary with gardening and Mary found it painful to see such a vibrant person slip away.

Now, Nancy’s two sons were fighting over the little money left after selling Nancy’s house to pay her medical bills. It broke Mary’s heart to remember how many times Nancy had proudly declared that she intended to pay for her grandson’s college education.

During a regular visit to her insurance agent, Mary shared this story and said, “It all makes me feel so helpless!”

For a good insurance agent, there are many tools available to deal with almost any situation. For example, Mary learned more about how to protect her assets from with Long Term Care insurance and the insurance products that can ensure she has access to the best possible healthcare without risking her financial security.

We developed a detailed description of her current financial situation, her desires for the future, including how she wants to provide for her family after she’s gone, and establish the best possible coverage for her. At the same time, we shared this information with a highly qualified attorney who can write a will and associated legal documentation—including powers of attorney and a living will—to make sure that Mary’s wishes are carried forth even if she cannot speak for herself.

She doesn’t need to learn the complexities of the insurance industry or the subtleties of law. She just needs to describe her dreams for the future once and her insurance agent and attorney can coordinate the information to create a comprehensive and complete package that will protect her future.

That’s the benefit of an insurance agent who has a strong professional relationship with a good lawyer. Each offers the expertise that you need and can clearly outline what you need, when you need it, with you and each other to ensure there are no gaps in your plan for the future.

Don’t waste your time or risk your future by running back and forth between offices, trying to repeat what you remember and guess at the questions that require answers. Relax and enjoy the peace of mind that comes from having a team working for you.

Call Roberson Tierney today to learn more about our professional relationships and ability to provide you with comprehensive life planning services.

One Stop Shop Resource for Insurance and Finance

Aug. 9th 2016

roberson tierney officeInsurance, as we all know, is not an easy-to-grasp facet of life. With many confounding terms and exasperating steps, the onset of confusion can be like nails on a chalkboard to your brain.

When purchasing insurance for yourself or for your loved ones, you have two options: buying direct or using an agent. While both have their benefits, hiring an agent can save you much time and stress. Contrary to popular belief, keeping the middle man in the loop, whilst planning out your estate, is never a bad idea.

Below are three benefits when going with an insurance agent like Roberson Tierney and Associates:

            Cost

Consumer belief would have it that paying an agent would cost more than purchasing insurance direct. This is false. Due to the fact that agencies are at lower risk, insurers provide lower rates to them, thus allowing lower premiums for the consumer.

            Comfort

When purchasing through an agent, you are able to develop a professional, friendly and ongoing relationship with that agent. Because many agents run locally, it’s no surprise you’ll be able to find reliable reviews on given companies by word of mouth. You may even end up acquiring services from someone you know.

            Peace of Mind

Agents contain an extensive amount of knowledge in their field. While they are skilled in educating their customers, they are also more efficient in regard to cross checking policies. They will fight rigorously for you to ensure you receive the money you need from your insurance company.

Also, while technology has it’s definite ups, the downside is the lack of human-to-human interaction. Having an actual person at your side when things go south is far more comforting to the mind when dealing with an issue.

Conclusion: The world of insurance is far too complex for the average consumer to do-it-yourself. Let an agent shop around for you and be your support.

Roberson Tierney is a one-stop resource for insurance & finance, including health, dental, vision, hearing, life, auto, boat, estate planning, long-term care, outliving ones retirement, annuity products, final expenses and wills. Contact her office today to discuss further.

Should You Use an Insurance Agent to Help Write a Will?

Jul. 7th 2016

willThe ability to make our own choices is very important and few of us would willingly give up that right.  However, many of us unwittingly do just that when we don’t bother to create a will that describes how we want our estates to be handled after we pass away.

People who die without a will in place are leaving the disposition of their valuables to the discretion of the state.  You may want your favorite niece to inherit a cherished family heirloom but, unless you create a valid legal document giving her that asset, you will have no say in who will have that item.

There are two main reasons why people don’t make the effort to create a will—they believe it’s a complicated, unpleasant process and they don’t want to think about their own mortality.

Both reasons can disappear when you can create a will with someone who is familiar to you and qualified, such as a trusted insurance agent who has a vital working relationship with a highly regarded law firm.  A respected insurance agency that has a solid client base can command a negotiated rate with a good law firm; clients can create a legally binding will at a reasonable price, while taking advantage of an established, trusting relationship that already exists with the agent.

How to Create a Will

There are just a few things you’ll need to gather in order to create a will.  In addition to basic information describing your situation, you’ll need to list life insurance policies, investments or IRA accounts, and the beneficiaries you want to include.  Of course, you’ll also need to pay for the time of a professional agent to create your will; don’t be afraid to ask about costs.  An honest insurance agent will always be happy to share the numbers with you, demonstrating the value of an agent/attorney affiliation.

Why Use the Combination of an Insurance Agent and Attorney to Create Your Will

Today’s insurance agents are much more than sales representatives who offer a few policies.  Financial and insurance products are a natural fit and now governed by a complex set of regulations and opportunities.  An insurance agent who has provided you with a good life insurance policy and your healthcare insurance can make it easy for you to translate that data into the information that a qualified attorney needs to write your will.  Remember the time you put in to find a trustworthy insurance agent and reap the benefits of that relationship as you face what many consider a difficult task.  Enjoy the familiarity of an agent you trust, the wealth of information available, and a good professional relationship between your agent and attorney.

What is a Fair Price for Creating a Will

Many people would rather avoid a bill they imagine to be thousands of dollars than find out that a good will can cost only a few hundred dollars.  A working partnership between attorney and insurance agent can lower costs because the agency can refer clients and the attorney can take advantage of the way in which the agent can translate the complexity of existing policies into a set of final wishes.  When all the pieces of the puzzle are on the table, it’s easy to put them together into a clear picture and produce effective wills, powers of attorney, and other legal documents.

Roberson Tierney is such a qualified agent and we want to act as your trusted liaison with the Law Offices of Aaron W. Sarra, leveraging the valuable information we have about insurance and financial products as selected by our clients and their honestly expressed wishes to ensure the attorneys produce the most accurate and effective wills for our clients.

There is peace of mind in having a will; you can rest assured knowing that your wishes will be carried out exactly as you want them executed.  Talk to us today about getting that kind of assurance for yourself and your family.

We’ve expanding our services to include financial consulting!

Mar. 5th 2016

Feel free to use this image just link to www.rentvine.com

Roberson Tierney knows that having enough money to enjoy retirement is important. For years, we’ve helped reduce our clients’ monthly expenses with a variety of tools and information, such as affordable insurance products that provide access to quality medical care. It’s only natural that we’ve expanded our services to include proactive, annual reviews of your:

  • Homeowners / auto / renters insurance with options from more than 20 carriers to keep your premiums low and your coverage accurate.
  • Life insurance policies because these financial assets can build cash value, which may be wisely used to reduce premiums or fund expenses such as funeral costs.
  • 401K statements to ensure your investment is at the right risk level while netting the highest yield without unwanted, hidden costs such as management fees.
  • IRA accounts to steer these investments in the right direction, such as preservation of funds vs. accumulation, depending on where you are in life.

The world is different now from when you began your working career. Basic principles such as “sell high, never low” are complicated by regulations like the Required Minimum Distribution, which might force you to lose the money you worked hard to earn just because of a down market. Roberson Tierney can introduce you to safeguards such as guaranteed accounts, which allow you to take your RMD from a fixed rather than market driven account.

Our financial consultations are free, comprehensive, and based on training and experience. These no obligation appointments benefit you as would a second opinion from a doctor by asking critical questions.

  • Do you now qualify for any extra help or prescription drug assistance due to recent changes in the income level requirements?
  • Are your premiums for homeowners, auto, and/or renter’s insurance at the right price or should you adjust your limits?
  • Do you need life insurance? If so, what is the right premium? If you have life insurance, how can it work for you now, rather than the future?
  • Are your retirement accounts performing as they should and at your preferred tolerance level?

Madison and Annmarie will be reaching out to you soon or you can call 877-589-6363 today to set your appointment. Relax in retirement with the peace of mind that comes with doing the right things with your finances!

We look forward to serving you,

Daphne Roberson
860-379-6700