Definition of the Day November 6.

Surrender Charge:
A penalty imposed by the insurer if the contract owner terminates the annuity prematurely, by withdrawing anything above the penalty free amount.

Corn Harvest Fattens Up Chicken Production (November 5)

The biggest-ever U.S. corn harvest is spurring poultry farms to expand chicken production, sending domestic supplies of the meat to a record and cutting costs for buyers from Costco Wholesale to McDonald's. Corn fell 50 percent from its peak during last year's U.S. drought, boosting profit for Tyson Foods and other poultry producers and expanding supplies of broiler meat the government says will reach a record this year and next.
(News Services)

Newsletter!

Hey be sure to check out the new November/December Your Safe Money Show Newsletter on the "Financial Materials" page on the website.

Definition of the Day November 5.

Tax-Deferral:
Refers to the fact that earnings from an annuity are not taxed until they are withdrawn from the plan.

Get Their Mitts Off Your Nest Egg Workshop!

Here's your last chance to be part of a workshop called "Get Their Mitts Off Your Nest Egg"! 

Tuesday November 5th at 10 a.m. at Dresser-Methven Funeral Home at 124 Maple Ave. in Mora.
 Also on Wednesday November 6th at 10 a.m. at Mille Lacs Funeral home on HWY 47 in Isle.
 There are a few seats left! You can reserve your spot at 877-812-0259 or  go to the contact us page here at the website.
The workshop normally lasts around 60 minutes. 
You will:
Learn how to reduce or eliminate paying taxes on Social security Income!
Learn how to insure against stock market declines and low interest returns from banks!
Learn about Safe Money Strategies!
Learn how to avoid probate and the associated costs!
Learn how to protect your assets from nursing home spend down!
Learn about medicare changes!
Nothing will be sold at this workshop! Leave the check books at home!

Highlights for November 2 Your Safe Money Show!

Listeners passed along some concerns they had about Social Security and income limits, and Medicare and Observation Days, so I'll answer those questions.Life insurance policies need to be reviewed periodically and this came to light recently with one of my clients, they were surprised to find out how changing policies saved them a bundle.

Definition of the Day November 1.

Withdrawal Charge:
A penalty imposed by the insurer if the contract owner cashes out part of the annuity prematurely. Withdrawal charges typically phase out according to a schedule, e.g., 10% before 3 year, 5% after 4 years, 0% after 5 years. Withdrawal charges may be waived in the event of death or illness.