Single Premium Deferred Annuity

Investing for retirement requires careful planning and consideration of various financial instruments. One such option is a Single Premium Deferred Annuity (SPDA). In this article, we will explore the concept of SPDA, its benefits, risks, factors to consider before investing, tips for choosing the right annuity, maximizing returns, tax implications, common misconceptions, and address frequently … Read more

5 Technical Terms In An Indexed Annuity

Indexed annuities are complex financial products that can provide a guaranteed income stream and protection against market downturns.Let’s learn 5 technical terms in an indexed annuity. To understand how indexed annuities work, it’s essential to understand some of the technical terms associated with them. In this article, we will define five technical terms in indexed … Read more

Are immediate annuities a good investment for seniors

Are immediate annuities a good investment for seniors? For seniors who are concerned about the possibility of running out of retirement funds or require a steady source of income to manage their everyday expenses, an immediate annuity can prove to be an appealing investment option. Immediate annuities have long been a popular investment choice for … Read more

Tax Implications of Annuities for Estate Planning

An annuity is a financial product that can provide a steady stream of income over a period of time, typically for the remainder of an individual’s life. Annuities are often used in retirement planning to provide a source of income after an individual has stopped working. However, annuities can also be used as part of … Read more

Index Annuity vs. Fixed Annuity

Index Annuity vs Fixed Annuity Today we are going to talk about the differences between an index annuity versus a fixed annuity.   Fixed annuities offer a guaranteed rate of return, while index annuities provide the opportunity for greater returns based on the performance of an index. One key difference between fixed annuities and index annuities … Read more

Index Annuity Reviews

 Index Annuity Reviews Index annuities can be a great investment product for those looking to participate in market gains while protecting against market losses. But with so many providers and products to choose from, it can be difficult to know where to start. Reading index annuity reviews from real investors can help you make an … Read more

Taxation of a Non-Qualified Annuity

Annuities are excellent financial planning vehicles. However, when funds are withdrawn, the taxation of a non-qualified annuity is different then other financial investments. Here are some tips to consider. Funding: Qualified annuities are often funded with pre-tax dollars,  so all of the funds removed from the annuity will be taxable as ordinary income. Roth IRA … Read more

Non Qualified Annuity vs Qualified Annuity

Non Qualified Annuity vs Qualified Annuity Most annuities are technically non qualified annuity contracts, but if they are used to fund a qualified annuity account, they become qualified and any additional funds that are added must also be qualified. What exactly does qualified mean? Qualified annuity funds are funds that are placed in an Internal Revenue Service … Read more

Is The Equity Indexed Annuity The Best Investment?

Equity Indexed Annuity Is the equity indexed annuity the best investment in today’s economic environment? Let’s analyze the most important investment attributes. Yield: Most equity indexed annuities pay a bonus of 6-10% on the initial amount invested. After that, the returns are tied to the performance of an index like the S&P 500 or the Dow … Read more

Immediate Annuity-

What Is an Income or Immediate Annuity? The immediate annuity is an insurance product.  An immediate annuity is funded with a first time payment and then the policy begins making monthly payouts. Your annuity can be funded by several methods. The money could come from savings, retirement accounts, real estate or other sources of funds … Read more

Inherited Annuity Options

What You Need to Know About Inherited Annuity Options An inherited annuity is an annuity that has been purchased by someone other than you, such as your spouse or child. The reason that the annuity is being passed on to you is because it has a death benefit that can be used for your funeral … Read more

Fixed Annuities

Fixed Annuities A fixed annuity is an investment product that pays out a regular income. The amount of the income can be adjusted each year and it is guaranteed for life. There are two types of fixed annuities: immediate and deferred. Immediate annuities begin paying the investor the first day they are purchased, while deferred … Read more

Moving Parts of an Annuity

The index annuity has several moving parts which can have an effect on the return. It is important for the owner to understand these parts, how they move and the effect they can have on an annuity. The moving parts consists of caps, asset fees,  participation rates and methods of interest crediting. 1. Caps The cap is … Read more