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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Nick Guida |
April 6, 2017 |
Annuity Basics, Fixed Annuities
Ever wonder why so many people include annuities in their financial plans? It’s because they’re looking for safety and guarantees. The most popular annuities today are Variable Annuities and Fixed Indexed Annuities. One of them offers safety from market loss and guarantees on your real money; the other does not. Variable Annuities do not offer any downside protection from market loss to the investments within the annuity. If you have a Variable Annuity, this may come as a shock to you, so please read on....
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Granger Hughes |
January 3, 2017 |
Annuity Basics, Annuity Definition, Income For Life, Index Annuities
Many people today are faced with the harsh reality that they may wake up one day and their 401(k), or other retirement plan, may be cut in half. We put our lifetime and hard-earned savings onto the proverbial blackjack table. In reality, many people who play blackjack wouldn’t dare take their entire stack of chips and bet it on one hand; however, we do it every day with our retirement. Is this because we don’t know better, or have we been hardwired to think this...
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Joseph A. Grutta |
December 19, 2016 |
Annuity Basics
Have you ever asked your financial advisor who they work for? Do they truly represent your best interests or those of the firm they work for? Are they acting on your behalf? Is their advice based on a fiduciary standard or a suitability standard? Do you know the difference? These are very important questions to know the answers to before turning your hard-earned money over to someone to manage on your behalf. For many years, I have encouraged people who are looking for help managing...
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Sam Liang |
April 26, 2016 |
Annuity Basics, Social Security, Your Retirement
The Social Security Administration (SSA) can’t help you with your Social Security benefits. That sounds funny, I know, but they can’t. What I mean is that they can’t help you put a plan in place to maximize your benefits. An article in last year’s Wall Street Journal said it best: “The Social Security isn’t your financial advisor.”1 Everyday, 182,000 people visit an SSA office. They field 445,000 phone calls daily. In 2014, they received 17 million applications just for new and replacement cards. 59 million...
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Bryan Bentley |
February 11, 2016 |
Annuity Basics, Annuity Caps, Fixed Annuities, Income Riders, Index Annuities, Participation Rate, Retirement Planning
So, you are considering purchasing an annuity to help protect your retirement savings or to solve a concern that may not be easily addressed with other investment vehicles. Here are a few things to consider when making a decision about buying an annuity. 1. Surrender Charge Period Expressed in terms of years, the surrender charge defines how long your money must remain in the annuity before you have unrestricted access to it. With most annuities, a portion of your money is available penalty-free during the...
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Gary Scheer |
December 15, 2015 |
Annuity Basics
If you are 55 years of age or older, chances are you regularly receive invitations to seminars and lectures on such topics as “How to Secure Your Finances in Retirement”, “How to Maximize Your Social Security Benefits”, “How to Create a Guaranteed Income for Life”, “How to Enjoy Stock Market Returns with No Downside Market Risks”, and more. Quite often, these presentations focus on the benefits of including fixed indexed annuities, also known as indexed annuities, as a “safe money” strategy for one’s retirement income...
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Gary Mattson |
December 8, 2015 |
Annuity Basics, Income For Life, Index Annuities, Retirement Planning
If you have planned for retirement, then hopefully, you’ll be ready to enjoy a lifestyle with steady income that gives you enough every month to pay for your recurring bills, along with having the funds to enjoy travel, assist grandkids with education, delve into a hobby or start a new one, or anything else on your “bucket list”. As you’re enjoying the prospects of helping grandchildren and family members learn from your financial success, tragedy happens. A loved one passes, leaving you alone and worried,...
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Tim Fitzwilliams |
December 5, 2015 |
Annuity Basics, Annuity Bonuses, Fixed Annuities, Income For Life, Income Riders, Index Annuities, Variable Annuities
As a consumer planning for the future, it’s important to understand what an annuity is, how it works, and how much income you’ll receive for the rest of your life. An annuity is a vehicle that is designed to provide income for the rest of your life. The three most common types of annuities used when planning an income include: fixed, variable and indexed. To keep things very simple: Fixed = A set interest rate. Variable = Based on the stock market and has market...
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Robbin Broome |
September 22, 2015 |
Annuity Basics, Fixed Annuities, Index Annuities, Retirement Planning, Variable Annuities
During the last two decades, seniors have experienced a roller coaster financial market. Products are constantly changing, and I am always informing clients about some policy variation. Volatility seems to be the wave of the future. With all this said, what should you look for in an annuity? After all, it is your financial future in question. Individuals need to ask themselves a few questions before purchasing any product in today’s environment. For instance: What are my goals for my money? Am I going to...
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