Post-Wildfire Property Reassessment: Ensuring Accurate Insurance Coverage
After a wildfire devastates a community, the landscape of property values and conditions can shift dramatically. For homeowners, this necessitates a crucial step: reassessment of property to align with the new reality. At The Liberty Company, we understand the importance of ensuring that your insurance coverage reflects these changes. This blog will guide you through […]
Navigating Temporary Relocation: A Guide to Handling Your Insurance Claims
As wildfires continue to impact communities, many families may find themselves needing to temporarily relocate. Understanding your insurance coverage during these times is crucial for ensuring you receive the support you need without hassle. At The Liberty Company, we are committed to guiding you through the process of managing your insurance claims for temporary relocation […]
Decoding Your Insurance Policy: Understanding Coverage Before Disaster Strikes
Wildfires are a stark reminder of nature’s unpredictable power. For homeowners in risk-prone areas, understanding the specifics of your insurance policy is not just helpful—it’s essential. At The Liberty Company, we believe informed policyholders are better prepared to protect their homes and families. This guide will help you decode common terms and coverage areas, focusing […]
Wildfire Insurance Claims: Effective Strategies for Documenting and Maximizing Your Claim
As wildfires continue to impact communities across Southern California, understanding how to navigate the insurance claim process becomes crucial. In the aftermath of such devastation, it’s not only important to focus on rebuilding but also to ensure you are adequately compensated for your losses. At The Liberty Company, we are committed to helping you through […]
Navigating Wildfire Challenges: Protect Yourself from Scams with Trusted Insurance Advice
As wildfires continue to affect Southern California, the urgency to safeguard property and loved ones also brings an increased risk of falling prey to scams. At The Liberty Company, we understand that this is a time for unity and vigilance. Here’s how you can protect yourself and your loved ones from scams and fraudulent activities […]
Supercharge M&A Deals with Expert Insights
The world of M&A can seem elusive, but today’s guest lifts the curtain to reveal how lower middle market firms can achieve global reach and expertise. In this episode, Nick Olsen, Managing Director of Cornerstone International Alliance, delves into the power of collaboration within the M&A network, highlighting how firms thrive by joining forces. You’ll […]
What Type of Retirement Plan Should My Business Implement? – Part 8
The Benefits of Saving in a Retirement Plan or IRA Why should someone save in an IRA or a retirement plan, instead of a regular savings account? Individual Retirement Accounts (IRAs) and retirement plans provide tax advantages that a regular savings account does not. There are two types of tax advantages: Pre-tax: Making a traditional IRA contribution or pre-tax 401(k) deferral, you do […]
What Type of Retirement Plan Should My Business Implement? – Part 7
Safe Harbor 401(k) Plan Basics A safe harbor 401(k) plan is simply a 401(k) plan that includes a safe harbor feature. There are a few options when it comes to the safe harbor feature, but by electing this feature, the employer commits to making minimum contributions to their employees. This is a very popular feature […]
What Type of Retirement Plan Should My Business Implement? – Part 6
SIMPLE 401(k) Plan Basics A SIMPLE 401(k) plan is a combination of a regular 401(k) plan and a SIMPLE IRA. When would a business choose this plan over a SIMPLE IRA or regular 401(k) Plan? NOT OFTEN. The SIMPLE 401(k) doesn’t provide meaningful advantages when compared to the SIMPLE IRA or 401(k) plan SIMPLE 401(k) vs SIMPLE IRA […]
What Type of Retirement Plan Should My Business Implement? – Part 5
SIMPLE IRA Plan Basics A SIMPLE IRA plan allows employees to make contributions to a retirement plan from their pay just like a 401(k) plan, but the maximum deferral amount is lower ($16,500 vs $23,500.) Why would a business choose this plan over a 401(k) Plan? Usually because of the ease of getting this type of plan started and its typically low administrative fees. However, there are some trade-offs associated […]