Category: Michael Wodchis

AALU Urges Congress to Retain Tax Treatment of Life Insurance Products

 

Association for Advanced Life UnderwritingAssociation for Advanced Life Underwriting pic

Association for Advanced Life Underwriting
Image: allu.org

Experienced in establishing strategic partnerships for the purpose of distributing life insurance products, Michael Wodchis serves as vice president at Windsor Insurance Associates. Actively engaged in his profession, Michael Wodchis holds memberships with the Society of Financial Service Professionals and the Association for Advanced Life Underwriting.

As part of its mission to represent the interests of its members and the entire life insurance community, the Association for Advanced Life Underwriting (AALU) maintains a government affairs team at its office in Washington, D.C. From this office, AALU focuses on advocating in three areas, including the taxation of life insurance products.

According to AALU, two-thirds of American families depend on life insurance products. In addition, companies rely on these plans to finance employee benefits and to remain operational in the event of the death of key organizational figures.

AALU recognizes the efforts of Congress to address the fiscal issues of the United States and acknowledges the desire of some in government to reform the tax code. However, AALU advises Congress that any changes to the tax code should not extend to life insurance products. According to AALU, retaining the current tax treatment of these products is important not only to those families and businesses that rely on them, but also to the health of the overall US economy.

Tips for Increasing Marathon Pace

Marathon Pace pic

Marathon Pace
Image: active.com

As an executive in the life insurance industry, Michael Wodchis balances his professional life with his commitment to personal fitness. Michael Wodchis stands out as a 10-time marathon runner who completed his fastest marathon in three hours and 13 minutes.

Virtually all marathon runners want to improve their speed. Many simply calculate the desired pace and strive for that pace on every run, though this strategy fails to consider the increased demands of a 26.2-mile endeavor. To account for this variable, runners should begin by calculating the maximum speed they can sustain for as long as an hour.

When runners know this pace, they can develop strategies for increasing both speed and endurance. Experts suggest that speed should be the focus as long as the race is 12 weeks or more in the future. Up to this deadline, runners can work on balancing repeats of their maximum long-distance speed with moderated long runs.

Meanwhile, runners can work on increasing overall maximum speed by incorporating variable pace and tempo runs into their weekly training sessions. Speed and tempo runs work best when interspersed with long runs and easier runs. Ideally, runners will follow their most rigorous workouts with rest days so their legs can recover and have the strength to incorporate gains.