William Penn Life, 2017 (52. évfolyam, 1-12. szám)
2017-12-01 / 12. szám
Moneywise with Bob Bisceglia, National Sales Director 2017: The year in review BY THE TIME YOU READ THIS, Thanksgiving will be over, and we'll all be busy planning for the upcoming Christmas holiday. As I look back on the year, I'm filled with many great memories from my travels through Florida, New England, the Carolinas, Kentucky, New York, Virginia and West Virginia, along with our Midwest trip last month through Michigan, Illinois and Iowa and all the way out to Omaha, Nebraska! All of this travel was sandwiched around a great year of fraternal festivals, bowling tournaments, golf outings and picnics. What a great fraternal year 2017 was! I am truly blessed to work for a company that offers me the opportunity to travel throughout our territory and make great friends and business partners along the way. Since this is the time of year for reflecting back on the events of the past year, I thought I'd take some time this month to review my past columns and highlight some of the important issues we covered throughout the year. In January, we talked about making resolutions, something that most of us will be thinking about again in the coming weeks. We discussed the various costs associated with funeral expenses and the importance of providing sufficient insurance coverage to cover your final expenses. We also discussed the importance of communicating your wishes to your loved ones and keeping them informed of any changes in your situation. Lastly, we reviewed our Ordinary Life "Senior Special" life insurance plan to cover your final expenses. Take some time to review that article and consider being better prepared in 2018. In the February issue, we discussed the "ins and outs of IRAs." As the year comes to an end, now is the time to consider year-end tax strategies to help reduce your tax bill due in April. Review the February issue for important information regarding which type of IRA, if any, might be best for you. In March, we happily welcomed spring and talked about reverse mortgages. With so much confusion in the reverse mortgage marketplace, I thought it important enough to consult with an expert and get her input for this excellent and timely article. For more information on whether a reverse mortgage might be good for you or a loved one, contact Sallie Dunn at Retirement Funding Solutions at 724-503-4500. In the April issue, we talked about "power of attorney" and its value in your estate plan. Review that article if you are considering writing or updating your will this year or considering adding powers of attorney to your will or estate plan. We also featured one of our leading agencies, The Stewardship Group, in the April edition. We're proud to have Mark, Preston and the Stewardship team representing William Penn Association in the Central Pa. Valley region. In May, National Vice President-Secretary Jerry Hauser published an excellent article on filing death claims and who's responsible. This article is worth revisiting often. In my column, we discussed the living benefits of life insurance. Many people only think of the "death benefit" side of life insurance and forget about all the wonderful "living benefits" that permanent whole life insurance can have. In the June issue, we recapped the results of our annual bowling tournament and Join Hands Day and celebrated Flag Day. National V.P.-Secretary Hauser concluded his two-part series on the filing of death claims, and we discussed the benefits of life insurance versus annuities in the Moneywise column. This afforded us the opportunity to review the similarities and differences between life insurance and annuities. We reviewed some great information in that issue; I recommend going back and reviewing that article if you are considering life insurance or annuity purchases in the coming year. In July, we were busy preparing for the WPA golf tournament and various ethnic festivals around the region and celebrating the 4th of July. Fraternal Director Barbara House asked "are you really a member?" Her column re-4 ° December 2017 0 WILLIAM PENN LIFE Photos & illustrations © Can Stock Photo Inc/Aleutie, cteconsulting, mybaitshop, vaeenma &
