We insure many of the most important things in our lives; our cars, our homes, our health care, and more. Insuring your life (and the income that you provide to your family) only makes sense. However, this is a type of insurance that some people don’t like to think about. Regardless of your age and …
What Type of Life Insurance Policy Is Right For You? Read More »
Annuities are retirement saving products issued by insurance companies. They are designed to provide retirees with a guaranteed stream of income that they can’t outlive. Annuities provide protection against market volatility and the potential for conservative, tax-deferred growth. With many retirees citing their number one concern as outliving their money, it’s no wonder that annuities …
Get the most out of your savings by using withdrawal strategies to help minimize tax impact Every dollar counts when you are no longer receiving a regular paycheck. Many retirees aren’t aware of strategies they could be using to help minimize the tax bite on their retirement account withdrawals. The money you lose to taxes …
Annuities are a financial tool that can be used to create reliable income to supplement Social Security during retirement. When you buy an annuity from an insurance company, you can in return receive monthly payouts, starting now or at a specified point in the future depending on the annuity you choose. There are different types …
Annuities are a financial tool that can be used to create reliable income to supplement Social Security during retirement. When you buy an annuity from an insurance company, you can in return receive monthly payouts, starting now or at a specified point in the future depending on the annuity you choose. There are different types …
Annuities have many benefits for retirees, the most important being that they are capable of providing a reliable source of outcome that can’t be outlived. When considering whether or not to purchase an annuity, many are concerned with what will happen to their annuity when they die. They want to ensure that the wealth they’ve …
Annuities have many benefits for retirees, the most important being that they are capable of providing a reliable source of outcome that can’t be outlived. When considering whether or not to purchase an annuity, many are concerned with what will happen to their annuity when they die. They want to ensure that the wealth they’ve …
Many retired workers of past generations received pension checks that lasted their entire lives. Your parents or grandparents may have worked for one employer for the majority of their lives, and upon retirement began receiving monthly pension checks in perpetuity. It was commonly used as a main source of income in retirement, along with Social …
Annuities Offer Lifetime Income Similar to Pensions Read More »
Many people are concerned about not getting a regular paycheck anymore once they retire. They are also concerned that a market downturn could wipe out a significant portion of their nest egg. Some insurance companies offer contracts called annuities, which allow a consumer to create a consistent stream of income in retirement. Some types of …
Some Pros and Cons of Fixed Indexed Annuities (FIAs) Read More »
Annuities are retirement saving products issued by insurance companies. They are designed to provide retirees with a guaranteed stream of income that they can’t outlive. Annuities provide protection against market volatility and the potential for conservative, tax-deferred growth. With many retirees citing their number one concern as outliving their money, it’s no wonder that annuities have become popular. However, …
