Welcome to the latest Financial Friday Round-Up, our weekly column filled with the best things for you to read, watch or listen to regarding finance around the web. Below you will find advice on what to do if you inherit an IRA, an insurance newsletter on digitization, an article on small business growth, and more.
The pandemic pushed the insurance industry to adopt cutting-edge technological solutions it had long been resistant to. This new newsletter from Business Insider called “The Future of Insurance: Digitization” nods toward this new era. Sign up using this link for a copy of their exclusive slide deck and weekly dispatches from the Financial Services newsletter covering the most important trends in the industry today.
This piece from Forbes lists the five stages of small business growth and guides entrepreneurs through each. From Existence through Success to Resource Maturity, these five stages each hold links to other articles that provide a wealth of knowledge for any entrepreneurial mind. Check out this link to learn more.
If you inherit an individual retirement account, you cannot leave the money in the original IRA. There are several factors to consider before choosing the correct course of action and avoiding an IRS penalty. This piece from Kiplinger outlines the different scenarios and what you should do in each.
Driving rates are almost back to pre-pandemic levels, and with that has come an increase in auto accidents as well. This may give way to a rise in consumer rates, as the ratio of underwriting losses overwhelms the percentage of premiums collected. Check out this piece from The Wall Street Journal for the full report.