1st Capital Insurance Group LLC

Hey Facebook Family, Happy February 2023. We are officially past saying Happy New Year, sort of! I will cut to the point of this post. During the 2022 Holiday Season I received a number of questions from current clients and prospective clients asking, "Richard, what's the market going to look like next year". Honest answer, nobody knew in December, and nobody knows what it will do in March, 30 days from now. Predictions yes, exact knowledge, no! So, our gift to you weekly will be information to help you process some really great ideas and have access to tools to help you "Protect Your Current & Long-Term Assets and Wealth". Fair enough? So here is the 1st in a series of videos to help inform and strengthen your financial knowledge. Thanks for the opportunity to help. 1st Capital Wealth Management Group.

Are Your Retirement Savings at Risk? 83% of retirement savings are at risk for 20% to 50% losses. Watch this short video to learn how and why, and what you can do about it.

Final expense insurance is a perfect alternative to traditional life insurance because it is more affordable, no medical exam is required, and premiums will not increase over time.

Fast Fact: Paying an “estimate tax” is if you have income that's not subject to withholding, such as investment or self-employment income, you may have to make quarterly payments of the estimated amount needed to cover your expected tax liability for the year.

Term insurance premiums will not increase during the guaranteed policy time period (term) you select. Term life insurance pays a death benefit only if you die during that term. Term insurance generally provides the largest insurance protection for your premium dollar.

A Cancer Insurance Plan pays an immediate one-time, lump-sum payment directly to the insured upon initial diagnosis of covered cancer. The cancer insurance policy benefit can be used for any purpose you choose.

TGIF “A good decision is based on knowledge and not on numbers.” -Plato

A typical Individual Disability Income Protection plan starts to pay benefits after you have been off work for 1 to 6 months, and pays benefits for several years or until retirement age, depending on the policy.

Accelerated Death Benefits are the death benefits that are available prior to the death of the insured. Sometimes called Living Benefits, they are usually accessible in cases of chronic or terminal illness.

Universal life insurance was created to provide more flexibility than whole life insurance by allowing the policy owner to shift money between the insurance and savings components of the policy. Premiums, which are variable, are broken down by the insurance company into insurance and savings, allowing the policy owner to make adjustments based on their individual circumstances.

A Keogh Plan also known as an HR 10, this is a qualified retirement plan for self employed who do not incorporate their business. If qualifications are met the taxpayer may receive a deduction for contributions made.

Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom. Marcel Proust