Fixed Indexed Annuities are a great way to reduce your retirement risks FIA Fixed Indexed Annuitiesprovide tax-deferred growth, liquidity, and income options, plus a death benefit that may bypass the costs and delays of probate.A Fixed Indexed Annuity can also provide you with a guaranteed income stream and you have the ability to choose from …
Setup an Annuity Program to Supplement your Retirement Annuities may be purchased by individuals who have already accumulated a large estate, individuals who have exhausted 401(k) and IRA opportunities, or who are self-employed and seeking to plan for their retirement. These are just a few examples of appropriate annuity candidates. Other individuals who may benefit …
Borrowing from a 401(k) plan might seem like an easy way to access money for important short-term goals, but it could have significant negative effects on your ability to achieve and maintain long-term financial security. Before you convince yourself that borrowing is the best way to address your current financial priorities, make sure you understand …
Retiree Robert Shively spends his days on the golf course. For many, that would be a dream come true, but not quite in the way Shively does it. The 68-year-old is the cart mechanic at the Niagara Falls Country Club. Two and a half decades ago, his then employer, Occidental Petroleum Corp., cut its traditional …
5 reasons to roll a 401(k) to an IRA Why would a 401(k) participant want to move his money out of a 401(k) and roll it into an IRA? Here are some thoughts on the issue: Most 401(k) s and other company plans have limited investment options. They may offer 50 different mutual funds and …
What is an Annuity? An annuity is long-term retirement product that can help protect you against the risk of outliving your assets. It is a contract between you and an insurance company: you receive future income in return for your contributions.Any earnings on contributions are tax-deferred until they are withdrawn, usually at retirement. You may …
Income riders have become one of the most popular benefits ever to be added to fixed deferred annuities. Members of the National Association for Fixed Annuities (NAFA) report that more than 50 percent of people who purchase fixed deferred annuities also choose to add an income rider. These income riders are also known as guaranteed …
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