Our Company News
Getting Life Insurance is Easier Than it Used to Be with Angela Thieschafer
Episode 236 – The process of getting life insurance is a lot easier than it used to be. In this podcast, we will learn why, with special guest Angela Thieschafer. Continue Reading Getting Life Insurance is Easier Than it Used to Be with Angela Thieschafer
DICK’S Sporting Goods Open, Security Mutual Life, and Sock Out Cancer® Reveal Charitable Initiatives for the 2023 DICK’S Sporting Goods Open
DICK’S Sporting Goods Open tournament director, John Karedes, alongside Security Mutual Life President & CEO, Kirk Gravely, and Security Mutual Life Chairman of the Board, Bruce Boyea, proudly announced charitable initiatives for the 2023 DICK’S Sporting Goods Open, happening June 23 – June 25, 2023. Continue Reading DICK’S Sporting Goods Open, Security Mutual Life, and Sock Out Cancer® Reveal Charitable Initiatives for the 2023 DICK’S Sporting Goods Open
Millennials and Gen Z Acknowledge the Need for Life Insurance
Episode 235 – Millennials and Gen Z recognize the need to purchase life insurance, but many don’t. It all comes down to education and advice. Continue Reading Millennials and Gen Z Acknowledge the Need for Life Insurance
Does State Taxation Cause the Wealthy to Move to Different States?
Episode 234 – States with high income and estate taxes may cause the wealthy to move to another state with one or the other, but not both taxes. Continue Reading Does State Taxation Cause the Wealthy to Move to Different States?
City of Binghamton Honors Security Mutual Life Insurance Company of New York; Sock Out Cancer® Day Proclaimed In New York State and Broome County
Binghamton Mayor Jared M. Kraham, alongside other local leaders, proclaimed the week of June 5, 2023, Security Mutual Week, in the City of Binghamton. The proclamation recognizes Security Mutual Life’s continuing commitment to Greater Binghamton and the myriad of ways...
Study Indicates that 40 Percent of Americans Cash Out Their 401(k)s When They Switch Jobs
Episode 233 – According to a new study, a shocking 41% of people withdraw, rather than roll over, their 401(k) balances when leaving their jobs. Continue Reading Study Indicates that 40 Percent of Americans Cash Out Their 401(k)s When They Switch Jobs
Documentation of Charitable Gifts
Episode 232 – Before you try to take an income tax deduction for the charitable gifts you made during the tax year, make sure you comply with the various IRS requirements for documentation and qualification of the donation. Continue Reading Documentation of Charitable Gifts
No Step-Up in Basis for Assets in a Grantor Trust
Episode 231 – The IRS released Revenue Ruling 2023-2 stating that assets held in a grantor trust do not receive a step-up in basis upon the grantor’s death. What does that mean? Continue Reading No Step-Up in Basis for Assets in a Grantor Trust