What if you die with an uncashed $80,000 cashier’s check sitting in your house? That happened recently, creating a serious legal dispute between family members. It’s a reminder that neglecting the simplest financial details can have serious consequences.
Competition for the most talented and skilled workers is a constant battle. Placing a “golden handcuff” on key employees can help tie the employee to the company. One of the most common and effective is a non-qualified deferred compensation (NQDC) plan.
A surprising number of people tend to waste money on things they don’t need. Are you one of them? A few small changes can go a long way in controlling where your money goes. Here are a few tips that could help improve your spending habits.
Episode 403 – Don’t make a million-dollar mistake, as Jeffrey Rolison apparently did, by failing to regularly review and update the beneficiary designation on his company sponsored retirement plan.
How long would you go without getting a physical? Life insurance also requires periodic attention. When was the last time you had a policy checkup? What ”symptoms” do you need to watch out for?
You’ve heard of acronyms such as LOL, OMG, IDK, etc. FOMO, or “fear of missing out,” is another big one. But have you heard of FORO, or “fear of running out?” It can be crippling. Here are some ways to deal with it.