15 Ways to Save Money Today

Suncor Financial Updates Archives - SunCor Financial - MPI

Updates to the company

15 Ways to Save Money Today

Source: the balance BY MIRIAM CALDWELL  Updated June 25, 2019 ! Most people are looking for ways to cut back on their spending. Little savings can add up, especially if you do it consistently over time, and doing several things all at once may mean that you can save significantly each month. Cutting back on your bad financial habits can make a big

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5 Reasons a 401(k) May Be the Worst Account to Have in Retirement

Source: Kiplinger By MICHAEL REESE, CFP® | Centennial Wealth Advisory, LLCAugust 21, 2019 That massive 401(k) nest egg that you’re so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alternatives to consider instead. Just about every financial expert I know advises savers to contribute to their company’s

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Why Compounding Is Key For Long-Term Growth

Source: Forbes By: Stephanie Denning Senior Contributor Mar 31, 2019, 05:00pm “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.” ―Bill Gates Compounding is a magical concept. It’s a little like putting something into a black box

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Modified Endowment Contracts and the 7-Pay Test

Source: ThinkAdvisorBy William R. Buslee, Charles R. McGrew  | May 01, 2017 at 06:50 AM The rules can lead well-meaning clients without good advisors into tax-rule maze. The term modified endowment contract, or MEC, has been around for almost 30 years, yet it continues to confuse and “mystify” policy owners and agents alike. Since qualification as a MEC

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