Q. Start with the basics. What is an Annuity? A. The quick answer: An annuity is a series of payments that are typically made over…
Annuities Glossary of Terms
1035 Exchange: A tax-free transfer of an annuity contract or life insurance policy from one insurance company to another. Typically done when an annuity has performed…
What is an Annuity?
For those gearing up for retirement, there seem to be countless terms and strategies to know, not the least of which is an annuity. The…
Annuity Basics, Recommended Posts
Annuities 101
Annuities are a type of insurance product that you pay into now for the purpose of receiving a payment or series of payments at a…
Annuity Basics, Recommended Posts
When to buy an Annuity?
Annuities can be incredibly beneficial retirement income planning vehicles because of the advantages they offer over other savings and investment chassis. From tax deferral on…
Annuity Payment Options
Annuities serve as a valuable tool to generate a fixed income in retirement, wherein the money grows tax-deferred until the time of withdrawals. However, a…
The Annuity Glossary – A to Z
Annuity: A contract that makes payments to the investor at regular intervals based on tax-deferred contributions to a retirement savings account. Annuitization: The process of…
Annuities vs. Pensions
If you are retiring soon and want to turn your nest egg into a stream of income, there are some key issues to consider such…