Planning for retirement is an involved process that can be stressful. Annuities, which are a popular way of planning for your retirement, are often misunderstood. Though not complicated in practice, there is a lot of nuance when it comes to... Read more
A Tax Sheltered Annuity, also called a TSA or 403(b), is a retirement plan offered by public schools and certain 501(c)(3) tax-exempt nonprofit organizations. Section 403(b) of the Internal Revenue Code allows employees to save for their retirement by making... Read more
Most investors want to maximize the value of their individual retirement account (IRA) not only for their own financial needs, but also for their surviving loved ones. These accounts were created to provide a tax favored way of saving for... Read more
When you change jobs or retire, you’ll face one of the most important financial decisions you will ever need to make: what do I do with my company retirement plan or 401k account? If you make the wrong decision, the IRS... Read more
In the recent past, variable annuities have received both positive and negative attention in the media. Many articles have been published that detail variable annuities’ high potential market gains, but many more have been published describing excessive variable annuity fees,... Read more
Annuities are great retirement savings and guaranteed income products. While there are many benefits to owning an annuity, sometimes life’s circumstances change and there may now be a compelling reason to sell your annuity or structured settlement payments for cash.... Read more
MEDFORD, Ore., Oct. 22, 2013 /PRNewswire/ — For better or worse, the holidays are also the time of year when it is necessary to think carefully about one’s tax situation. For pre-retirees as well as those already retired, financial planning... Read more
MEDFORD, Ore., June 24, 2013 /PRNewswire/ — In 2012, sales of annuities hit their lowest levels since 2005, dropping 8.4% from the prior year. Variable annuities, which entail investment risk, have accounted for a substantial portion of this decline. In... Read more
When we go to the doctor, we are all used to hearing those basic questions that they start their check-ups with: “Do you drink? Do you smoke? How much exercise do you get a week? Are you experiencing any pain?”... Read more
In Part I of this article on the best states to live during retirement, we discussed the top five states for retirees as ranked by MoneyRates.com, along with the reasons why those states earned such high rankings. To refresh your... Read more
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