I Wanna Retire
A type of individual retirement account that offers tax-free growth and tax-free withdrawals in retirement. Money is contributed AFTER tax.
What is a Roth IRA?
An encrypted string of data encoded to signify one unit of currency. It's value is determined by its users, supply, and demand.
What is cryptocurrency?
True or False: You are required to enroll in Medicare when you turn 65, even if you are still employed.
What is false?
Provides for payment of reasonable medical expenses and compensation for lost wages resulting from work-related injuries or disabilities.
What is worker's compensation insurance?
This WMIG employee has clients in 8 states.
A retirement account that allows tax-deductible contributions and tax-deferred growth until retirement withdrawals. Money is contributed BEFORE tax.
What is a Traditional IRA?
The distribution of a company's profits to its shareholders.
What is a dividend?
What is D?
You may want this type of insurance for your ATVs, golf carts, or motor homes.
What is recreational vehicle insurance?
This WMIG employee has worked at the bank the longest.
Who is Leah?
Moving money from an employer sponsored plan to an individual retirement account.
What is a rollover?
Investment pools where investors combine their money to buy a diverse mix of stocks, bonds, or other assets managed by professionals.
What is a mutual fund?
The name of the time period where you can enroll in Medicare or make necessary changes/additions.
What is Open Enrollment?
This insurance provides extra protection beyond existing limits and coverages of other policies.
What is umbrella insurance?
This WMIG employee answers the most phone calls.
Who is Bill?
The age you can withdrawal from retirement accounts without penalty.
What is 59.5?
An amount that an insurance carrier pays to replace an asset that is priced at the same or equal value.
What is replacement cost?
The specific day your Medicare coverage will begin if you enroll before your 65th birthday.
When is the 1st of the month of your birthday?
This coverage protects a business from financial loss as the result of bodily injury, property damage, medical expenses, libel, slander, defending lawsuits, and settlement bonds or judgments.
What is general liability insurance?
This WMIG employee has the most active licenses.
Who is Tyler?
The term for a specific amount of money you must withdraw from a tax-deffered retirement account at a certain age.
What is a required minimum distribution (RMD)?
German Shepherd, Chow Chow, Rottweiler, Pitbull, Great Dane (etc)
What are banned/restricted dogs?
An alternative to traditional Medicare offered by private health insurance companies. Covers all of what Medicare part A & B covers, but often includes extra benefits.
What is Medicare Advantage (or Part C)?
This coverage reimburses the policy holder for costs associated with assisted living, nursing care, home health nurses, or rehabilitation facilities.
What is Long Term Care insurance?
Stan, Stella, Dot, Simon, Binx, & Rose
Who are the cats of WMIG?