Who Should be Named in a Will?

We know that creating a will can be confusing and maybe even a little overwhelming. But having one in place is the only way to ensure that your wishes will be carried out after you’re gone, including who will care for your children, pets and dependents.

To help simplify this topic, we’ve created a list of the key roles you should consider before creating your will. Having them selected upfront will make completing your will a lot easier later.

Who should be a beneficiary of a will?

A beneficiary (or heir) is any person who receives something from your will. You can list a class of beneficiaries (e.g., your assets should be divided equally among your three children).

But if you know you want your daughter to have your Aunt Sally’s ring and your son to have your grandfather’s pocket watch, you have to clearly spell that out in your … Read more

Online Shopping vs In-Store Shopping: Which Is Better?

Shopping has evolved dramatically over the past several decades, providing consumers with more choice and convenience whether they shop the brick-and-mortar stores or browse online for their purchases. Even holiday shopping has adapted to the changing landscape with Black Friday and Cyber Monday appealing to both in-store and online shoppers. It’s easy to assume there is a generational divide between those who choose more traditional or modern shopping methods, but in reality it involves factors ranging from accessibility and variety to local support and the shopping experience itself.

Advantages of online shopping

Although online shopping has been around for consumers since the mid-1990s, mainstream use has skyrocketed over the past several years as people grow increasingly comfortable with it and accustomed to the ease and speed of online retail.[1] It’s hard to dispute the advantages of online shopping. After all, the availability of extensive online research and reviews promotes … Read more

The Most Fuel-Efficient Cars for 2020 – 2021

Technology continues to improve fuel efficiency, which means that fuel-efficient cars are no longer synonymous with small, low-horsepower vehicles. Today, larger vehicles are included among the lists of cars that get great gas mileage. As innovations like hybrid technology continues to evolve, you no longer have to choose between the car that gets the best gas mileage and the one that can carry your entire family, comfortably on  vacation.

The effect of hybrid technology on the automotive landscape is something to take a closer look at, as evidenced by the cars that rank highest for getting the best gas mileage. Hybrid options can now  provide great fuel efficiency, and there’s a bigger selection in models.

Factoring the costs of fuel, along with things like maintenance and repair, can give you a better idea of the actual long-term expense of owning the car instead of only basing your decision on the … Read more

10 of the Safest Cars for Teenagers to Drive

When you and your teen are shopping for a new car, safety should be top priority. The increase in smart technologies in vehicles means there are more ways today to help keep young drivers safe.

The 10 small and midsize cars listed below are top safety picks by the Insurance Institute of Highway Safety, which Nationwide is proud to be a member group of. These models earned advanced or superior ratings for front-end crash protection. Looking for a first car for your teen? Check out some of the safest cars for teenage drivers:

Vehicle model Safety features
Subaru LegacySubaru Legacy safety features
Hyundai ElantraHyundai Elantra safety features
Mazda CX-5Mazda CX-5 safety features
Subaru ImprezaSubaru Impreza safety features
Toyota CamryToyota Camry safety features
Kia ForteKia Forte safety features
Honda InsightHonda Insight safety features
Kia K5Kia Optima safety features
Hyundai SonataHyundai Sonata
Read more

Leaving Your Job? Don’t Leave Your 401(k)

If you’re getting ready to leave a job, you might be considering cashing out your 401(k) retirement plan. But in addition to losing the benefits your 401(k) plan offers, depending on your age, you’ll likely have to pay a penalty for early withdrawal in addition to paying income tax on the money you receive from cashing out. To avoid these outcomes, it’s important to know what other options are available to you, including not rolling your money out.

Moving your money to your next job

If you’re leaving your current job for another company, check and see if the new company offers a 401(k) plan and that they accept rollovers. If they do, the administrator at your old company can help you move the money to the new employer’s 401(k) plan once you enroll. There are two different ways you can do this.  You can either do a … Read more