The Baby Boomer and Retirement Income Specialist Matching Service Goes Live in Louisiana |
March 30, 2012 |
Press Releases
The first free online matching service designed to help baby boomers find retirement income specialists in their local communities is now available throughout Louisiana. Annuity123, the online retirement income educational portal, has opened their Annuity Harmony matching service for the benefit of all of Louisiana’s residents who are in need of retirement income planning guidance. This innovative online matching service is aimed to link retirees with retirement income specialists whose practice is in their local area. Over 30 years ago Americans were forced by their...
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The Merits of Annuities |
March 29, 2012 |
Income For Life, Index Annuities
In a recent blog appearing on NAIFA.org and again on lifehealthpro.com, the merits of annuities have been highlighted as a reminder of their importance in effective retirement planning for all of us to keep in mind when hearing of an isolated event of abuse which often gets widespread coverage in the media. This blog written by Robert Miller is most directly aimed at the recent theft conviction of an agent in California who sold an indexed annuity to an 83 year old woman who prosecutors...
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How to Time Social Security |
March 28, 2012 |
Income For Life, Retirement Planning, Your Retirement
When is the best time to start taking Social Security benefits? The answer to this seemingly simple question often causes anxiety among retirees since knowing that a mistake can cost thousands of dollars. Unfortunately, there is no one size fits all answer. It is most often deducted from the weighting of pros and cons which are different for every individual. A recent article by Ellen Schultz provided insight into the many factors that need to be considered when making your decision. This article describes some...
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Tax Tips for Retirement Investments |
March 27, 2012 |
Retirement Planning
With the April 17th federal income tax filing deadline fast approaching, it is important that we put some thought into minimizing our tax bills through effective retirement planning. Jean Setzfand recently submitted an article in which a nationally known expert, Jordan Amin, offers guidance on what he believes are the three most important tax issues to think about concerning your retirement investments. He highlights the importance of always take advantage of 401(k) or 403(b) plans with matching contributions, to diversify investment types, and to strategically...
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12 Retirement Planning Tips for Millennials |
March 26, 2012 |
Retirement Planning
Tough economic conditions over the recent past has led many in the millennial generation to focus more on funding near term needs than on retirement planning. This generation is mostly comprised of children from Baby Boomers with birth dates ranging somewhere from the early-1980s to the late-1990s. According to a recent survey, more than half of those under the age of 30 are unemployed. This includes 14% of those who graduated from college between 2006 and 2010. A recent article posted by Paula Aven Gladych...
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Fourth Quarter 2011 Indexed Insurance Sales |
March 25, 2012 |
Annuity Basics, Index Annuities
According to The Indexed Sales and Market Report, 2011 was a year full of records within the Indexed Insurance market. It was the fourth consecutive year for indexed annuity sales topping the 2010 record by over 13%. Indexed life also realized a fourth consecutive year of record setting sales. In fact, indexed life sales for 2011 soared past the previous record set in 2010 by nearly 40%. The results for indexed annuity and indexed life sales in 2011 were $32.4 billion and $974.0 million respectively....
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Who Inherits Your Debt? |
March 23, 2012 |
Retirement Planning, Your Retirement
Imagine that a family member just listed you as the sole heir to his/her estate which included extensive credit card bills along with a house with negative equity. Where does that leave you? Well fortunately the personal debt of a deceased most often cannot be passed along to their loved ones. However, there are many dependencies which could allow for some debt to pass through to family or loved ones. These dependencies include how the specific assets are titled as well as the state in...
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Baby Boomer and Retirement Income Specialist Matching Service Goes Live in New Jersey |
March 22, 2012 |
Press Releases
The first free online matching service designed to help baby boomers find retirement income specialists in their local communities is now available throughout New Jersey. Annuity123, the online retirement income educational portal, has opened their Annuity Harmony matching service for the benefit of all of New Jersey’s residents who are in need of retirement income planning guidance. This innovative online matching service is aimed to match baby boomers and retirees with annuity and retirement income specialists whose practice is in their local area. Annuity123, owned...
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8 Estate Planning Mistakes to Avoid |
March 21, 2012 |
Retirement Planning, Your Retirement
Estate planning is an arduous task which unfortunately can be prone to mistakes. Even using a professional planner to facilitate the process will not guarantee an error-free result. Fortunately, a CFP named Ed McCarthy recently posted an article (linked here) which highlights the 8 most common mistakes that were brought up from survey of experienced advisors. Here is the list of most common mistakes from his article: 1. Improper beneficiary designations – We frequently see advisors improperly completing beneficiary designations. Examples: not changing the beneficiary...
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