Examine the different types of annuities and see if an annuity is the right fit for your retirement portfolio.
Retirement is all about cash flow, but did you know…. When folks seek to retire, one of the most important objectives to evaluate is their Social Security benefits. Social Security is an excellent resource because it provides a guaranteed check for life. However, if you file your benefit to early (62), you could face up [...]
"The need for guarantees, lifetime income, safety, and safety make choosing the right plane essential” Philip Richardson An annuity is a type of contract offered by insurance companies. When someone buys an annuity, they are, in most cases, contracting to exchange a lump sum of cash gain a guaranteed monthly income. Social Security, which forms [...]
Fixed Indexed Annuities Stay Focused On The Ball While Riding The Market Roller Coaster During These Uncertain Times Our year 2020 is turning out to be a real Doozy (nail biter) due to the Covid-19 virus and this historic election year as our economy is reopening and then is slowed or stalled and pushed forward [...]
Why You Should Consider Leaving Your Heirs Life Insurance or Annuities (Instead of Your Qualified Plan Money) If you've been thinking about creating a legacy for your loved ones, you may believe that leaving them money from your IRA or 401(k) is the best option. You may have also looked into trusts as a way to [...]
If you're retired or very close to retiring and you feel you need more guaranteed income than social security will provide, it can make sense to use a portion of your 401 (k) or IRA money to buy an annuity...-CNN Money Signed into law in December 2019, the SECURE Act allows small business owners to [...]
By Brad Pistole – Commentary When it comes to your retirement plan and trying to “time the markets,” good luck because no one knows when the market will go up, and no one knows when the market will go down. Jim Cramer does not know. Dave Ramsey does not know. Suze Orman does not know. [...]
I think we can all agree we live in unprecedented times with a worldwide pandemic, anarchy in our cities, and a stock market that is on a roller coaster ride every other day. As retirees, this can become very overwhelming as we question how to protect our hard-earned retirement funds. Do the following fears keep [...]
…If Not, It Can Be Costing You A Lot Of Money! There are so many changes going on these days. Regarding your annuity, there could be a powerful move you can make, which could put money in your pocket - today. In today’s marketplace, many policies have an MVA (Market Value Adjustment). If yours does [...]
If you use an IRS approved 1035 exchange you may exchange your contract for a new annuity contract within your current company or you can exchange your annuity contract for a new contract in a new company. If done properly, this exchange will not incur a tax liability, your deferred earned interest will remain deferred in the new contract.
Our economy is picking up steam and moving forward after the Covid-19 pandemic shutdown our country has been enduring. The economy is showing it is resistant and is very strong and moving forward. There will no doubt be surprises and some resistance, but given the business comeback we are seeing, the market in my view [...]
