The Modernization of American Annuities

The number one reason that people purchase an annuity in the first place is income protection, protection from living too long. Think of it as an insurance to protect you from outliving your assets. It is not uncommon, and it is becoming more common, for people to outlive their retirement funds, people are living longer. For many people, it just makes solid sense. With the purchase of an annuity come contractual benefits known as settlement options.

By |2020-04-15T21:44:11+00:00February 13th, 2020|Annuities, Annuities 101|

Does Your 401K Or IRA Need To Be Rescued

Because of the accumulation benefits of tax deferral, many individuals have successfully created substantial IRA or 401K accounts or other qualified plans.   It is not uncommon for these accounts to have amassed seven figures of total dollars. It is also usually the case that little attention has been focused on what will happen to [...]

By |2020-04-14T18:18:20+00:00October 7th, 2019|Taxes|

Tax Deferred Annuity

Use tax-deferred annuities to manage your future tax liabilities   A tax-deferred annuity is a plan in which income tax on an original deposit of investment income is not charged during the investment period. The tax liability is deferred until the owner or beneficiary begins to receive (or accesses funds) periodic payments of earnings from [...]

By |2020-04-16T22:12:15+00:00June 7th, 2019|Annuities, Annuities 101|

The Tax Deferred Annuity

A tax-deferred annuity helps manage tax liability.   A tax-deferred annuity is a plan in which income tax on an original deposit of investment income is not charged during the investment period. The tax liability is deferred until the owner or beneficiary begins to receive (or accesses funds) periodic payments of earnings from the invested [...]

By |2020-04-15T21:50:32+00:00May 2nd, 2019|Annuities, Annuities 101|

Annuities Vs Bank CDs: How Do They Compare?

Bank Saving Products or Insurance Company Annuities, which would you choose for your safe and secure money? Federal Reserve Vs. 10 Year US Treasury As consumers, we think of interest as interest. In fact, there are two different and distinct factors that separate banks and annuities when calculating interest on savings vehicles. Bank CD interest [...]

By |2020-04-13T18:27:47+00:00January 22nd, 2019|Annuities, Annuities 101|

Choose An Annuity For Your Retirement Account

Fear and concern over yields with safe, secure money should be at the forefront for any retiree or person with limited resources. Especially if maintaining a current lifestyle is important and the goal. In an era of money market funds yielding next to nothing, fear of inflation, and concern regarding out of control government spending [...]

By |2020-04-13T19:40:32+00:00June 29th, 2018|Annuities|

Does Tax Deferred Growth Make Sense For You?

The definition of tax-deferred growth is this: An investment in which some or all taxes are paid at a future date, rather than in the year the investment produces income. When comparing tax-deferred accounts with annual taxable accounts, several factors need to be considered: · How soon will the funds be needed? · Are these [...]

By |2020-04-13T20:24:21+00:00March 16th, 2018|401(k) Rollovers, Retirement Planning|