Divorce negotiations can be long and arduous, but it’s important not to lose focus when discussing an annuity. You need to understand exactly what will happen to your annuity contract,. . .
Saving up cash under your mattress is one way to set aside funds for the future, but there are much better ways to save for retirement. An individual retirement account. . .
For years, workers nearing retirement have grappled with the challenge of turning their savings into guaranteed lifetime income. While recent legislation allowed workers over 50 to purchase annuities directly through. . .
Have you ever loaned yourself money? That’s the basic concept behind an annuity loan. If you’ve already signed an annuity contract and at least partially funded your account, you may. . .
The Social Security Administration paid about $1.5 trillion in benefits in 2024, but not all of this was to retired workers. Americans can receive other types of Social Security benefits,. . .
Please pay attention: The most significant problem facing retirees is not the insurance cost but the cost of medical reimbursements from Medicare. Our Government has to reduce spending somewhere! Seeing. . .
Planning for retirement is difficult enough when you only have your own preferences and expenses to consider. But when outside factors unexpectedly impact your financial well-being, your ability to pay. . .
The average Social Security benefit is $1,920 per month according to the Social Security Administration in August 2024. However, benefit payment amounts can vary widely depending on how many years. . .
In early October, the Social Security Administration (SSA) will announce the much-anticipated Cost of Living Adjustment (COLA) for 2025. This adjustment is designed to help millions of Social Security recipients. . .
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