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So far Woodmen Financial has created 49 blog entries.

Claiming Life Insurance Benefits

By | May 23rd, 2017|Insurance|

Life insurance benefits are not paid automatically. If you are the beneficiary of a life insurance policy, you must file a claim in order to receive any money. Often, this is as simple as contacting your insurance agent and the deceased's employer and filling out some paperwork. You will need to provide each insurance company with a certified copy of [...]

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4 Financial Faux Pas

By | May 19th, 2017|Finance, Podcasts|

If you have investments and a smart phone, then you know how easy it is to get caught up with checking the market on a day-to-day basis. But is that a good idea? What happens when you make emotional and reactive decisions instead of thinking about the long-term plan? Tune in as Dave Alison of the Clarity 2 Prosperity Mastermind [...]

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Choosing a Beneficiary for Your IRA or 401(k)

By | May 16th, 2017|Planning, Retirement|

Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income tax and estate tax laws in order to select the right beneficiaries. Although taxes shouldn't be the sole determining factor in naming your beneficiaries, ignoring the impact of taxes could lead you [...]

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10 Common Mistakes When Naming Powers of Attorney

By | May 12th, 2017|Planning, Podcasts|

You can get just about anything online these days, even legal documents! But the devil is in the details, so it’s time to dust off those old documents and make sure you haven’t made any of these 10 common mistakes when naming Powers of Attorney. Tune in to find out what happens if you have the wrong box checked or [...]

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Caring for Your Aging Parents

By | May 9th, 2017|Planning|

Caring for your aging parents is something you hope you can handle when the time comes, but it's the last thing you want to think about. Whether the time is now or somewhere down the road, there are steps that you can take to make your life (and theirs) a little easier. Some people live their entire lives with little [...]

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How Good Credit Saves You Money

By | May 5th, 2017|Credit, Podcasts|

We all have a credit score, but what do the numbers really mean? How can a few adjustments save you money? Credit Specialist Chuck Harris lists off the “do’s and don’ts” of credit, and explains why having a good credit report can save you big-time. Real Wealth® is an online radio program with a [...]

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I’m currently on my parent’s health plan. What do I do when I turn 26?

By | May 2nd, 2017|Insurance|

Under the Affordable Care Act, young adults up to age 26 are eligible for dependent coverage under a parent's health plan. Once you reach the age of 26, you are no longer eligible for dependent coverage unless the health plan offering dependent coverage or your state of residence specifically extends that coverage to dependents beyond age 26. If you lose [...]

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The Real Cost of Saving Money on Insurance

By | April 28th, 2017|Insurance, Podcasts|

You see TV commercials all the time that advertise how easy it is to save money on insurance and the convenience of buying online, but at what cost? What corners are being cut, and will you pay more later? Insurance Professional Gretchen Hefner-Evans lists off items that are often under-insured, and tells real stories of how costly that can really [...]

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Financial Planning Issues for New Parents Part 2

By | April 25th, 2017|Insurance, Planning|

As you prepare for life with your new child, it's time to prepare a new financial plan for your family or make any necessary changes to your existing plan. You'll want to consider how your baby will affect your budget, make sure you have adequate insurance, protect your child's future with a well-thought-out estate plan, and determine how having a [...]

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Inheritance Gone Wrong

By | April 21st, 2017|Podcasts, Taxes|

You may be concerned about running out of money in retirement, but have you given any thought about what to do with the excess? Tune in as Financial Consultant Denise Appleby shares shocking stories of tax disasters that occurred when IRA beneficiaries weren’t properly designated, or when beneficiaries collected the funds without proper advice. [...]

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