Matt Jackson |
May 8, 2017 |
Annuities in IRAs, Annuity Basics, Income For Life, Index Annuities, Your Retirement
There is a war going on for your money, and you probably don’t even know it. Licensed stockbrokers, Wall Street, and big banks offering risky securities are fighting against insurance companies and banks offering principal-guaranteed products. These groups are as opposed to each other as Coke and Pepsi. So, why the fighting? Why don’t stockbrokers tell you about the advantages of some of these principal-guaranteed products, like fixed indexed annuities (FIAs)? I believe it’s because of the reoccurring fees generated by the amount of money...
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Winter Troxel |
May 9, 2014 |
401k and IRA Blogs, Annuities in IRAs
In 1978, 401k plans were enacted into law and have become a popular savings option for millions of Americans. The rise in popularity of 401ks coincided with a decrease in defined benefit pensions provided by employers. These plans, along with similar defined contribution plans, have many attractive benefits like automatic payroll deduction for contributions, employer match arrangements, and the ability to defer taxes on the monies in the account. As millions of baby boomers retire, most are wondering, “What am I supposed to do with...
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Laura Johnson |
February 5, 2014 |
401k and IRA Blogs, Annuities in IRAs
As you near retirement, your nest egg is even more sensitive to market volatility and potential loss of your hard earned savings. In fact, the US Federal Reserve released figures showing that the median US household net worth dropped 39% between 2007 and 2010, reducing 18 years of prior gains. If you were already retired and taking income from your nest egg, the devastation was even worse if you were exposed to the ever-changing stock-market. Many 401(k)s and other retirement plans offer fund options that...
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Rob Brinkman |
September 17, 2013 |
Annuities in IRAs, Annuity Videos, Index Annuities, Member Posts, Rob Brinkman, Variable Annuities
When does it make sense to put an annuity inside of an IRA (Individual Retirement Account)? This is a frequent question and the answer lies in what you are wanting to accomplish with your particular investment. We all know that annuities are tax-deferred and so are IRAs. So, is an investor paying for tax-deferral unnecessarily when utilizing an annuity inside a qualified plan? In this video, Rob Brinkman explores this question and gives some answers to when it does and doesn’t make sense to put...
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Rob Brinkman |
August 7, 2013 |
Annuities in IRAs, Fixed Annuities, Index Annuities, Member Posts
By Marvin Hurwitz in Baltimore, MD Ever since I started as a financial services and retirement advisor in the early 1980s, I have read numerous reports and heard from many so-called experts and financial planners that tax-deferred annuities should not be the source of funding IRA accounts. The reason for not using annuities in IRAs is that vehicles such as annuities and tax-free bonds are already tax-advantaged. So why take an investment that is either free of taxes (municipal bonds) or tax-deferred (annuities) and use...
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