Annuities – what they are, how they work and how to choose the best type of Annuity
Found 140 Articles.
Get access to our full article archive by subscribing to Retirement Watch and Retirement Watch Spotlight Series.
The required minimum distribution (RMD) rules limit the extent to which an individual can use the tax deferral of an IRA or other qualified retirement plan. The RMD rules dictate when distributions must be made from the retirement plans of certain taxpayers. The required minimum distribution rules apply to qualified annuities. A qualified annuity is […]
Variable annuities are a specific type of contract issued by an insurance company that requires the annuitant, or the annuity owner, to choose from a variety of investments to put the principal. The funds put into the investment are called the principal, and the payouts received by the annuity owner are contingent upon the […]
Definition of an Ordinary Annuity An ordinary annuity is a series of equal payments that are made at the end of each consecutive interval period for a specific length of time. In other words, the annuitant receives payouts at the end of each month, the end of each quarter, or the end of another specific […]
Definition of a Fixed Annuity Under a fixed annuity contract, also known as a fixed deferred annuity, the annuity owner makes a deposit with the insurance company and the insurance company guarantees the annuity account will be credited with interest at a specified, guaranteed interest rate. The interest credited to a fixed annuity account is […]
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more.
What are the Different Types of Annuities? When deciding to purchase an annuity, it is important to understand the various options that you can choose from to ensure the type of annuity is the best one for you. Different annuity options can be organized into two categories. In other words, you have two choices […]
Contents: What is an Annuity? Why Buy an Annuity? How an Annuity Works Types of Annuities Reasons to Buy an Annuity Disadvantages of an Annuity Annuity Payout Options What Happens when the Annuityholder dies? Annuity Taxation Who Should Buy an Annuity What is an Annuity? An annuity is a contract between an […]
More and more of the Baby Boomers and the generation before them are looking at annuities. That’s why annuities sales are increasing after bottoming out a few years ago. Annuities have a lot of critics, and some of the criticism is deserved. But annuities also have a lot of benefits, if you buy the right […]
There are two standard trusts that can be used aggressively to nearly eliminate estate and gift taxes… While getting substantial amounts of property out of your estate: The grantor retained income trust and the charitable lead trust. These strategies are ideal for rapidly appreciating property, such as stocks in a bull market. The strategies are […]