Category: Beneficiary

What Is the Difference Between an Annuity & Life Insurance? | Virginia Benefit Advisors

December 1, 2017

An annuity and life insurance are insurance products. The primary difference between an annuity and life insurance is when payment is made. Annuities pay a set amount monthly, quarterly or annually to meet future financial needs, usually in retirement. Life insurance pays the value of the policy at the time of your death. Several types … Continued

HSA Withdrawal Regulations | Virginia Benefit Advisors

October 3, 2017

By Synergy

A health savings account lets you put money aside tax free for medical expenses. The money in the account belongs to you, but the U.S. Department of the Treasury has strict rules and regulations governing HSAs. Some of these address eligibility. For example, to open or contribute to an HSA, you must be enrolled in … Continued

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Category: Beneficiary

What Is the Difference Between an Annuity & Life Insurance? | Virginia Benefit Advisors

HSA Withdrawal Regulations | Virginia Benefit Advisors