Page 12 - Talk of Tequesta - November '21

Page 12, The Talk Of Tequesta

loCal governmenT from page 11
finanCial foCus

Should You Buy Term Insurance

And Invest The Difference?

By Sally Sima Stahl

If you have children • Term premiums won’t always be cheap. Term
or other loved ones insurance is quite affordable when you’re young.
who depend on you But when the term expires after, say, 15 or 20 years,
financially, you need life the premiums can become much more expensive.
insurance – no question Consequently, there will likely be much less of a gap
was collected and donated to Extended Hands Community about it. And you’ll need between the costs of term and permanent insurance.
Outreach and The Glades Initiative. an amount that can enable • Permanent insurance investments can grow tax
The Property Appraiser’s Office encourages and supports your family members to deferred. If you followed the “buy term, invest the
employee community service throughout Palm Beach continue their lifestyle difference” approach, and you purchased stocks or
County. Our employees are dedicated to giving back to the if you aren’t around. mutual funds, you might incur taxes on capital gains
community that we serve. But there may be less and dividends. But the investments within a permanent
certainty about what type insurance policy are tax deferred, so you won’t pay
Holiday Office Closures of insurance you should purchase: term or permanent. taxes on interest, dividends or capital gains until you
And the issue can cause even more confusion if you’ve withdraw the proceeds, similar to the tax benefits you
The Palm Beach County heard the phrase: “Buy term and invest the difference.” get with your IRA and 401(k) accounts.
Property Appraiser’s Office What does this mean? And is it good advice? Even though you should consider the above issues,
(including our five service First, let’s review the chief differences between you don’t necessarily have to dismiss the “buy term,
centers) will be closed on the term and permanent insurance. As its name suggests, invest the difference” strategy. Everyone’s situation
following days in the month of term insurance lasts for a set period, such as 10 or 20 is different, so you’ll want to explore your options
November: years, while permanent insurance can last your entire carefully. At different times of your life, different
Thursday, Nov. 11 life. Term insurance only pays a death benefit – there’s insurance and investment solutions may be appropriate.
– Veterans Day no opportunity to build cash value. But permanent But however you choose to do it, you’ll want to
Thursday, Nov. 25 insurance, such as universal life, also contains maintain sufficient life insurance and invest for your
– Thanksgiving Day an investment element. Consequently, permanent long-term goals – two actions that can pay off for you
Friday, Nov. 26 insurance premiums are generally considerably higher and your loved ones.
– Floating Holiday than those of term insurance. This article was written by Edward Jones for use by
Given this difference in premiums, you may have your local Edward Jones Financial Advisor, Edward
heard that it’s a good move to buy term insurance and
Jones, Member SIPC.
Palm Beach use the “savings” – that is, the money you would have Edward Jones is a licensed insurance producer
spent on a costlier permanent insurance policy – to
in all states and Washington, D.C., through Edward
County Fire invest in stocks or mutual funds, rather than rely on D. Jones & Co., L.P., and in California, New Mexico
and Massachusetts through Edward Jones Insurance
the investments contained in permanent insurance. But
in reality, it’s not that simple. Here are a few reasons
Agency of California, L.L.C.; Edward Jones Insurance
Rescue why “buy term, invest the difference” may not always Agency of New Mexico, L.L.C.; and Edward Jones
Insurance Agency of Massachusetts, L.L.C.
be the best strategy:
• People don’t consistently invest the difference.
Edward Jones, its employees and financial advisors
Fire Safety Tips Although people may have the best intentions when it cannot provide tax advice. You should consult your
qualified tax advisor regarding your situation.
comes to investing the savings achieved by purchasing
term insurance, life often gets in the way and they find Contact us at (561) 748-7600, Sally Sima Stahl,
We have been very fortunate to have not been directly other ways to spend the money. Or they may invest AAMS, 1851 W. Indiantown Road, Ste. 106, Jupiter,
impacted by any hurricanes, at least to this point. sporadically or make poor investment decisions. By way FL 33458.
Remember that hurricane season continues until Nov. of contrast, the premiums that go into permanent insurance
30, but hurricanes have formed in December, so please are invested systematically and managed by professionals.
continue to be storm aware and have a plan in place.
Thanksgiving plans are likely on the minds of many
residents. To ensure that you have a safe and enjoyable
dinner, please keep a few things in mind:
Since the turkey may be in the oven for several hours,
make sure to start with a freshly cleaned oven. The long-
term buildup of heat can cause a fire if there is a lot of
grease, drippings and splatter from previous use.
anything that may ignite in a flareup, and never have the NoN-Toxic cancer immunotherapy
If using a deep-fryer, always use it outdoors away from

deep-fryer sitting on a wooden deck. Also, never place a
frozen turkey into the hot oil. For a reference of what can
go wrong, do an Internet search of the hazards of deep- Available NoW
frying a turkey. Typically, there are many fires resulting
in serious injuries and damage each year. Keep an extra Safe and Effective!
watchful eye on children around the fryers.
Having live candles on the table always adds to the
charm of a festive setting but can present their own set of This is the Original Immunotherapy that
hazards if not attended to and extinguished properly. Part
of the clearing-the-table process should be to extinguish balances and optimizes your immune system to
the candles first. fight almost any type of cancer.
As with all activities, safety should be the top priority
to make sure we all stay safe and healthy. However, should
an unexpected incident, whether fire or medical in nature Hundreds of successes over the years.
occur, don’t hesitate to dial 9-1-1. Delaying the call can
have significantly dire consequences. Continuously available since 1977
Steen Eriksson,
Professional Firefighters and in Freeport, Grand Bahama Island
Paramedics of Palm Beach County,
IAFF Local 2928
HOAN@IAFF2928.com See our website for more info:
www.Quantumimmunotherapy.net

or call for more information: Toll-free number (561) 766-0878

Email: Quantimmuno@gmail.com