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Only 34% Confident About Their IRA Knowledge

Only about one-third of Americans believe they are knowledgeable about individual retirement accounts, despite the fact that Americans have used traditional IRAs for retirement saving over the past 45 years. LIMRA Secure Retirement Institute found lack of knowledge is the biggest obstacle to investing in an IRA. A LIMRA SRI study revealed only 34 percent…

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Sandwich Generation Lacks Savings

The sandwich generation risks becoming toast. Members of the sandwich generation – those taking care of elderly parents and raising children at the same time – are finding themselves in a savings squeeze, according to PNC Financial Services Group. “Sandwiches” report they have been unable to build robust emergency savings and retirement account balances primarily…

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Annuity Sales Spike 14% in 2018

Annuity sales continued reaching new heights in 2018, according to LIMRA Secure Retirement Institute. In 2018, total annuity sales increased 14 percent over 2017, reaching $232.1 billion. Total annuity sales for the fourth quarter were $62.1 billion, a 22 percent increase over the fourth quarter of 2017. Fourth quarter 2018 represents the highest quarterly total…

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City of Abilene Announces Director of Human Resources

The City of Abilene is pleased to announce that Brenda Alexander has been named the new Director of Human Resources after serving as Interim Director for Administrative Services since June of this year. City Manager Robert Hanna is very confident in the appointment of Alexander. “During the time that she has served as Interim, I…

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Protecting you I.D. after a data breach

Scammers have all kinds of techniques to collect personally identifiable information . Once they have it, they can effectively become you, using your identity to open accounts, file taxes, or obtain medical coverage. How the Scam Works:With enough information about you, a scammer can take over your identity and commit a wide range of crimes.…

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TSTC Culinary Art Graduate Finds His Passion in the Kitchen

– Sweetwater native Marc Silvas went off to Texas Tech University to study to be a pharmacist but soon realized he was on the wrong career track. “I wasn’t enjoying it and I couldn’t see myself being a pharmacist for the rest of my life,” said Silvas. “So I found myself back at home and…

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Garcia’s State Farm Agency Named Small Business Of The Year

Garcia’s State Farm Agency Named Small Business Of The Year By The Abilene Business Council Of The Abilene Chamber Of Commerce The Small Business of the Year award recognizes a business with long-term success that has contributed to the community’s quality of life and exemplifies Abilene’s strong work ethic and ability to overcome business challenges.…

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Tips to Help Ensure Financial Marital Bliss

Wedding bells are ringing and “I Dos” are in the air. Newlyweds are taking their first steps toward happily ever after, including combining their finances. But doing so is not without potential pitfalls. Undeniably, money can be a huge stressor on a relationship, especially on a brand-new marriage; and most couples have an unrealistic view…

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