Life Insurance Is the Real Commitment When It Comes to Marriage
Marriage is an exciting moment in people’s lives that initiates important changes. Few life-changing events are as significant as the big step, and life insurance is an important milestone to keep in mind.
When a Rainy Day Fund Is Not Enough
Have you ever heard that the only sure thing in life is change? There’s no better example than these current times to tell you that it’s true.
A Well-Deserved Recognition Week to All Public Servants
As a public servant, you can expect the best from your employer this very special week, but it is also an opportunity for you to share your story and why you answered the call to service.
Seven Steps to Financial Independence
What is financial independence? Not having to rely on other people (such as your parents) or lending institutions (such as banks, savings, or loans) for financial security.
Associate Membership or Dependent Coverage: Determining What’s Best For You
Married couples need to evaluate all their options when deciding what life insurance to purchase. What should you keep in mind when deciding what options will best protect your family’s financial future?
Building Financial Wellness in the Year Ahead
Being “good with money” is about more than making sure your bills are paid. It’s about understanding your relationship with money and being curious about how to better manage your finances now and in the future.
Do I Need Life Insurance if I Have a 401(k)?
In 2021, roughly half of all Americans had life insurance, and roughly one-third of Americans invested in a 401k, but how do you know which one is right for you? If you have one, do you need the other?
A Financial Wellness Checklist
If financial wellness is important to you, there are certain money moves you should be making. Take a few minutes to check the box beside each statement below that applies to your financial plan.
Preparation Tips for the 2021 FEHB Open Season
Each year, the Office of Personnel Management (OPM) offers the Federal Employee Health Benefits (FEHB) Open Season. This provides the opportunity to evaluate your benefits and make any necessary changes.
What is Financial Minimalism?
Embracing the principles of financial minimalism is about bringing clarity to your financial matters, making intentional money decisions and aligning your values with your spending. In a culture that values spending and material possessions, trying to adopt a mindset of “less is more” may not be popular, but it can be a critical step toward greater joy and clarity and better finances.
Let’s get back to the basics: Life Insurance 101 – The questions you need answered
According to a 2020 LIMRA study, 41 million Americans without life insurance admit that they need it. This is largely due to a misconception about costs, as half of the study’s respondents estimated that life insurance was three times more expensive than it is. Educating yourself on life insurance, coverage options, and pricing is necessary to make an informed decision. What are the basic questions about life insurance? What works best for you?
Six ways to be a more mindful spender
Devoting time to thinking more clearly about your relationship with money and your spending habits can be a great step towards saving money. If you’re on a journey to become a more thoughtful spender, consider the following steps.
Talk with your kids about money
“Four in Five parents wish they had learned more about money and personal finances in their childhood.”
Parents tend to be tight-lipped with their children about family finances. But talking about money can provide a valuable education and keep kids from thinking money is a scary or taboo topic. One way to shape healthy attitudes and behaviors toward money is to engage in frequent conversations about how money works, how it’s earned, how it’s spent and how decisions about it are made.
WAEPA Launches Group Short-Term Disability Insurance
WAEPA has been serving Civilian Federal Employees and their families with affordable group term life insurance for over 75 years. To continue making your needs our mission, we are pleased to provide a new product, Group Short-Term Disability Insurance,* which provides income replacement to federal employees who are temporarily out of work due to a covered short-term illness or injury.
The Coverage Gap: Women are Carrying Less Life Insurance Than Their Male Counterparts
According to 2019 consumer study conducted by LIMRA, only 56% of women have life insurance, compared to 62% of men. Moreover, women are likely to carry less coverage than their male counterparts.
Do you have enough emergency savings?
Life happens. And sometimes, it brings a financial hardship to your doorstep, leaving you scrambling to find the cash needed to handle the unexpected and often, unwelcome situation.
What does college debt have to do with life insurance?
Planning for the unexpected may help ease the financial stress of college tuition.
Five Reasons to Talk with a Financial Planner
Financial planning isn’t just for the super wealthy. Anyone can benefit from the guidance of a credentialed, experienced, and objective planner. Here are five situations that make you a good candidate for a conversation.