Beamalife Blog

What is Accumulation Life Insurance

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Permanent life insurance is also termed as cash-value insurance. It entails a death benefit plus the cash value accumulated. Unlike variable life, whole life, and universal life insurance policies that

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equation

Actual Rate of Return, Explained

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What is actual return? Actual return is the nominal gain or loss made by investment within a specified period. How does actual return work? The actual return is the exact amount

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researching and evaluating

What a Successful Financial Plan Includes

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It is crucial to set and reach financial goals. A financial plan helps reach the goals you have set, both short and long term. A good plan guides you along

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choose

529 College Savings Plan Vs Roth IRA

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Any parent looking to provide his children the best education will often think of ways to set some money aside to help pay college expenses. While there are many ways

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Equity Indexed Annuity

Equity Indexed Annuity Pros and Cons

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When buying a home, you have to choose between an adjustable-rate and a fixed-rate mortgage. However, if there were a third option less risky than the adjustable-rate and beat the

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retirement plan

Are Deferred Compensation Plans a Good Idea

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High-income earners prefer to use deferred compensation plans as it allows tax-free growth before the owner withdraws cash at their tax income tax rate. When receiving the payment, you may choose

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retirement

Annuity vs 401(k)

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Choosing the best retirement savings plan that suits your personal needs is one of the most crucial decisions a person needs to make. Some of the best options you can

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which way to go

529 Plans vs. Brokerage: Which Is the Best for College Savings?

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Investment accounts come in handy when <a href="https://beamalife.com/529-college-savings-plan-vs-roth-ira/" class="wpil_internal_link" >saving for college</a> or university. They make your life easier when you or your child go to college. That said, let’s

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financial planning

What Are the Different Areas of Financial Planning?

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Investment accounts come in handy when saving for college or university. They make your life easier when you or your child go to college. That said, let’s compare two investment

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coins

Can I Take Money out of My Profit Sharing?

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A profit-sharing plan is a type of defined-contribution plan that lets employers help their employees save for retirement. It is similar to the 401(k) plan and allows employers to make

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