The Pros and Cons of Converting a Traditional IRA to a Roth IRA
Converting to a Roth IRA Offers Tax-Free Growth and Withdrawals in Retirement One major benefit of converting a Traditional IRA to a Roth IRA is future tax savings. After you pay taxes on the converted amount, your Roth IRA grows tax-free. In retirement, qualified withdrawals remain tax-free, providing predictable income with no surprises during tax […]
The Role of Insurance in Business Risk Management
Shield Your Business from Unpredictable Financial Losses with Day Insurance Agency Every business, regardless of size or industry, faces risks that can disrupt operations and drain resources. From natural disasters and equipment breakdowns to customer injuries and cyberattacks, these events can happen without warning. Insurance plays a critical role in business risk management by offering […]
Use an IRA to Save for Retirement
Understand IRAs and Why They Matter for Retirement Planning with Day Insurance Use an IRA to save for retirement and grow your savings with tax advantages. An IRA (Individual Retirement Account) helps you grow your savings with tax advantages. You can choose from a Traditional IRA or a Roth IRA, depending on your income and […]
What Homeowner’s Insurance Covers and Why You Need It
Start with Day Insurance Inc. to Protect What Matters Most At Day Insurance Inc., we help homeowners in Washington and the Greater Pittsburgh area understand the importance of proper coverage. Homeowner’s insurance protects your house, your belongings, and your financial future. Knowing what’s included in your policy can help you avoid costly surprises. Your Home’s […]
Roth IRA Rules
Start Your Retirement Planning with Day Insurance Inc. Day Insurance Inc. helps clients in Washington and the Greater Pittsburgh area make smart financial decisions for the future. If you’re thinking about opening a Roth IRA, it’s important to understand the rules before you invest. This guide covers key contribution limits, income thresholds, and withdrawal rules […]
Choosing the Best Auto Insurance for Your Needs
Understand What Coverage Options Fit Your Lifestyle with Day Insurance Agency Inc. When choosing the best auto insurance for your needs, start by reviewing how you drive. Do you commute daily or drive occasionally? Consider liability, collision, and comprehensive coverage. Each option protects you differently depending on your vehicle use, lifestyle, and budget. Compare Deductibles […]
The Power of Compound Interest
Day Insurance Agency Inc. Explains How Early IRA Contributions Build Long-Term Wealth The power of compound interest is a financial strategy many investors embrace. Starting your IRA early gives compound interest more time to work in your favor. At Day Insurance Agency Inc., we help clients in Washington, PA and surrounding areas understand how even […]
Life Insurance and Long-Term Financial Planning
Day Insurance Agency Inc. Helps You Protect What Matters Most Options for life insurance and long-term financial planning are important to many of our customers. Planning for the future isn’t complete without life insurance. At Day Insurance Agency Inc., we help families throughout Washington County, PA and surrounding areas secure long-term financial stability. Sufficient life […]
Maximizing Your IRA Contributions for Tax Benefits
Day Insurance Agency Inc. Helps You Make the Most of Annual Contribution Limits This month, we review maximizing your IRA contributions for tax benefits. You may know that IRA contribution limits can change each year. For 2025, eligible individuals under 50 can contribute up to $7,000, while those 50 and older can contribute $8,000. Day […]
Common Insurance Mistakes
Day Insurance Agency Inc. Helps You Avoid Common Mistakes Insurance protects what matters most—but simple errors can lead to major setbacks. At Day Insurance Agency Inc., we help clients avoid the most common insurance mistakes through clear guidance and personalized service. Failing to Review and Update Your Coverage Regularly Common insurance mistakes include failing to […]