As we begin the month of November let us remember our Brother Knights who have passed on along with those spouses who have entered into their holy reward. Remember it was because of such tragedies that Fr. Michael J.
McGivney was inspired to start the Knights of Columbus. What if each family were to remember our Founder by praying for his canonization?
We have been overwhelmed these past months with Brother Knights moving money from their IRAs, 401Ks, 403bs portfolios to the safety (A.M. Best A++ and S&P AAA) of the Order. No Knights have lost any of their principal and their annuities continually grow.
Effective October 1st, the new 800 Series of products has been issued. Premiums are lower as the new mortality tables are in force. This would be a good time to review your situation.
There is now a Guaranteed Issue Whole Life Policy available to those who would otherwise not be insurable. It can be issued through age 65.
The popular Term to Age 30, the lowest premium (about $3/monthly) child policy will be phased out. If you want it you must apply before the end of the year.
If you want to make deposits into or start an IRA or Roth IRA for this year, let me know.
In view of the market conditions, the importance of your annual Fraternal Review is paramount.
Call me and let me know when you would like to meet.
Fraternally,
Tom Cumming
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