Group Variable Annuity Contract sounds like a complex term, but the reality is much simpler and certainly not something to avoid when a business is considering a 401(k) plan provider. There are a number of misconceptions attached to this term and annuities in general. One misconception is that merely because a plan is held in…
Read MoreTopic: Retirement & financial planning
Disabled Architect Illustrates Disability Risks
In December 2007, the sky seemingly fell on 39-year-old architect Robert Woo near ground zero while he sat in his trailer office working as associate architect on the Goldman Sachs office tower project. A crane cable snapped, dropping 7 tons of steel from a 25-floor elevation onto Woo’s trailer. Lucky to be alive at all,…
Read MoreEducational Opportunities
In cooperation with AIA/CES, the AIA Trust provides opportunities for AIA Members to earn learning units in the areas of firm management, risk management, and financial management based on the programs and educational resources that the AIA Trust offers. Self assessment tests The AIA Trust offers numerous self-assessment tests based on AIA Trust resources including…
Read MoreTop 10 List of Long-Term Care Policy Considerations
Long-term care insurance is a relatively new type of insurance coverage that transfers the risk of needing expensive, long-term care services to an insurance company. Although there are many things to consider when purchasing a long-term care policy, the following are the ten most important considerations: A large, well-rated, experienced insurance company. The insurer you…
Read MoreStraightforward Advice on Preserving Cash Flow
Professional service firms need to set appropriate fees for their services and collect those fees to stay profitable. Regular billing and follow-up will open communication about a client’s concerns that could otherwise lead to a fee dispute. Implementing billing controls can minimize the risks that come with trying to collect on an unpaid invoice. Enforcing…
Read MoreStraightforward Advice on Preserving Cash Flow
