Jacob Hearn, Agent with New York Life

09/01/2022

Your 401(k) plan can be a powerful tool for long term savings. But the question is, are you making the most of it? Check out these 401(k) tips from Forbes to help you understand how to maximize your savings. If you have questions, reach out to me. I am here to help you reach your financial goals.

I have mixed feelings about 401(k) plans.

08/18/2022

As your family grows, you need a financial foundation that will grow with it. Iʼm here to help you create a strategy that can evolve with your familyʼs needs.

08/17/2022

From new babies to new houses, from graduations to retirements – Iʼm here to help you navigate it all. If you have big plans for your future, letʼs talk.

08/08/2022

After you close a credit account or pay off a loan, your borrowing history may remain on your credit report. Here’s what you need to know about removing closed accounts from your credit report.

You can try several ways to remove a closed account from your credit report, but getting it off can affect your credit score.

08/08/2022

Rising inflation and the volatile stock market are causing many retirees to return to work, but it might trigger unintended financial consequences. Here are four things to consider before sending off your resume.

A regular paycheck may affect Social Security benefits, Medicare coverage, private pensions and your tax bill

08/02/2022

If you’re able to return to work, your SSI payments could stop because of your earnings, but that might not mean you’ll lose Medicaid. Here’s why. If I go back to work and lose my SSI benefits, will I lose Medicaid?

Supplemental Security Income and Medicaid beneficiaries can return to work without losing health benefits depending on their income and other factors.

08/01/2022

Want to help make a difference in your community, but aren’t sure where to start? AARP has you covered, click here for a list of worthy local organizations in need of volunteers.

Create the Good connects you with volunteer opportunities and project ideas to share your life experiences, skills and passions in your community.

07/31/2022

Whole Life insurance plans are great because they offer your family peace of mind for the long run. But many don’t know that they offer more. Such as the potential for annual dividends and the option to borrow against the cash value of your policy. To learn more about Whole Life watch this video

07/21/2022

What does managing your personal finances have to do with piloting the fastest fighter planes on the planet? Good question. To find out, read this article we posted on the benefits of being a Maverick of your own finances. https://hearsay.social/3OkXEYR For questions about your financial future, reach out to me.

Being prepared looks different across all phases of life. Understand what people like you typically consider when making their plans.

07/21/2022

This article highlights key indicators that can predict the likelihood of a recession in the U.S.

If a recession unfolds, it is likely to be mild. One reason is U.S. banks are well capitalized and have recently passed recession stress tests. Another is the U.S. economy does not face major imbalances that occur when recessions are severe.

07/19/2022

Former and retired NFL players offer insights about retirement planning and what makes a financially free and successful retirement.

Retirement planning is extremely challenging because we don’t know exactly when it is going to occur or how long we will be in retirement.

07/15/2022

Women are more likely than men to leave the workforce to care for children. This has a major impact on their Social Security benefits. Here are ways you can boost your income and future benefits.

One of the reasons Social Security checks can cover bills for some retirees and not others is because benefits are based on income earned before retirement. The more you earn working, the more you pay...