A deferred annuity is a contract with an insurance company that’s designed to generate income for retirement. The main difference between a deferred annuity and an immediate annuity is that while the latter starts monthly or annual payments immediately, with a deferred annuity investors have the option to delay payments indefinitely. During this time, any …
What is a Deferred Annuity and How Does it Work? Read More »
If you’re thinking about ways to maximize your retirement income and ensure you don’t give away more than you legally need to come tax time, annuities are a viable option to consider. But wait, annuities are not a simple black and white issue, especially when it comes to retirement and taxation. You want to be …
Annuities allow people to receive steady payments after they retire. These payments can be sizable, especially if the annuity has been given ample time to mature. Besides regular payments, annuities also grow despite how the markets perform, unlike pension funds or 401Ks. In short, annuities benefit their owners in more ways than one. However, many …
What You Need to Know About Annuity Beneficiaries Read More »
You’re preparing for retirement and wondering if you should invest in annuities. These insurance products are investments designed to bolster your retirement in order to provide you with a regular, guaranteed income for the remainder of your life. Annuities can be a great investment, however, purchasing them should not be taken lightly. There are multiple …
If you’re starting to plan for your retirement, chances are you’ve probably thought about purchasing an annuity. More and more people are looking to annuities as pension plans are no longer viable sources in most places of work. Annuities can be used with your social security and any other retirement savings you have. It’s a …
4 Signs an Annuity Can Help Fund Your Retirement Read More »
Annuities can be a reliable source of income during retirement. That much you know. But it’s everything else you may hear or don’t hear about annuities that have left you confused, wondering if annuities are a good investment. Depending on who you talk to, you may hear completely contrary opinions. Most insurance agents will lift …
Are Annuities a Good Investment? Everything You Need to Know Read More »
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