Take deferral facts with saving bonds.
If you are considering the purchase or if you already own a variable annuity make certain you fully understand how they work. Annuities can be a good decision and they can also be your worst nightmare. The difference depends on how the benefits of a variable annuity can benefit you Listed below are 10 things to fully understand before buying a variable annuity.
Are municipal bonds tax-free? Might want to make sure. Municipal securities, also known as "munis," are bonds issued by governmental entities such as states, cities, counties, and other organizations. The bonds are sold to raise money for public interest projects such as schools, bridges, roads, and other municipal construction needs to benefit the public. Like [...]
If you have an older annuity it is still possible you may also have an annuity with a surrender penalty in place. How do you move your money to a higher rate of interest and not lose any of your account to these surrender fees?
Have you reached a stage in your life when you can pay your bills easily, and you have extra cash every month? Or have you received an inheritance, a large bonus, or a pension plan distribution? What investment would you choose? The Dream: Imagine putting that extra money to [...]
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 [...]