QDRO – Dividing up Retirement Accounts at Divorce |
March 25, 2013 |
Cathy DeWitt Dunn, Member Posts, Retirement Planning
Written By: Cathy DeWitt Dunn | President of Annuity Watch USA Divorce can have dire consequences for women and their retirements if proper care is not taken. During years of marriage, many women have focused on raising a family…instead of focusing on building personal wealth. If you’ve spent your life taking care of family while your spouse earned all or the majority of the income, here’s something you need to know – QDRO. A QDRO is a “Qualified Domestic Relations Order,” which provides a legal...
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Marvin Hurwitz Joins the Annuity123 Network of Retirement Income Advisors |
March 21, 2013 |
Press Releases
Annuity123 is excited and honored to report that Marvin Hurwitz has joined its network of retirement income counselors for the benefit of consumers in Baltimore, MD who are in need of obtaining personalized retirement income guidance. Please see below for an overview of Marvin’s practice. Company Name: Hurwitz Financial Advisors Business Description: Marvin Hurwitz has more than 30 years of experience advising retirees and people planning for retirement on how they can receive a guaranteed income they cannot outlive. He also helps clients with their...
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Why a $7.2 Billion Loss from the USPS This Year is Not a Concern |
March 21, 2013 |
Cal Burgess, Member Posts, The United States Economy
Written By: Cal Burgess | Retirement Servicing Group Just recently, the Federal Reserve System announced that first-quarter losses from the United States Postal Service stood at 1.8 billion dollars. At this rate, the USPS is on track to cost American taxpayers over $7.2 billion by the end of the fourth quarter. To put this into perspective, this amount is equivalent to a $20 million dollar loss per day, with no hope of any profit for quite some time, if at all. At first glance this...
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Can I Find a Better Option for My CD Money? |
March 20, 2013 |
Member Posts, Retirement Planning
Written By: Alan D. Marx, CLU, ChFC | Retirement Planning Specialist Many of today’s retirees have done an excellent job of saving, and they are enjoying a comfortable life style pursing those things they want to do rather than those that they have to do. They are living off of a combination of income streams. They have pensions, social security, and in some cases, some withdrawals from IRAs and annuities. They also have liquid saving s in an amount necessary for any unexpected emergencies. Finally,...
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Carl Ostenson |
March 19, 2013 |
Carl Ostenson, Income For Life, Income Riders, Member Posts, Retirement Planning
Is it possible to upgrade your older annuity into a new one that has more benefits? The short answer is, YES. But the real answer is that it depends, and you need to do a little homework to be sure you are making your situation better, not worse. First let’s go through some common reasons why people might want to switch from one annuity to another. 1) Fees: This would apply mainly to Variable Annuities. The total fees can range from 2% to over 5%...
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Carl Ostenson |
March 18, 2013 |
Alan Schuh, Income For Life, Member Posts, Retirement Planning
Written By: Alan Schuh | Heritage Retirement Income Planners There is a great article today on MarketWatch.com by Larry Stein (click here for the full article). “In September 2012, Apple traded above $700 per share. Analysts were jumping over each other to predict that Apple would soon trade at $1,000 per share. Apple (NASDAQ:AAPL) was THE company, an unstoppable juggernaut with innovation that no company could touch. Just six months later, Apple traded at $420 per share, down 40% from its previous high. If you...
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Carl Ostenson |
March 18, 2013 |
Press Releases
Annuity123 is excited and honored to report that Neal Stokey has joined its network of retirement income counselors for the benefit of consumers in Dallas/Ft. Worth and Austin who are in need of obtaining personalized retirement income guidance. Please see below for an overview of Neal Stokey’s practice. Company Name: The Legacy Planning Group Brief Business Description: I graduated from The University of Texas at Austin with a B.A. in History and a J.D. in Law and have been helping people make smart choices about...
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Carl Ostenson |
March 18, 2013 |
Income For Life, Member Posts, Retirement Planning
Written By: Mark MacDonald | Sage Financial Partners When you were a kid, what was the best part about a box of Crackerjacks? The prize inside, right? Sometimes my friends and I would dump out the candy just to acquire the prize. Many Fixed Index Annuities have a prize inside. It’s called the Guaranteed Lifetime Withdrawal Benefit (GLWB). It’s an optional rider – you have to proactively request it – but for the right person, it can be one of the best retirement prizes you’ll...
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Carl Ostenson |
March 18, 2013 |
Income For Life, Member Posts, Retirement Planning
Written by Leonard Ohanian L.U.T.C.F All you baby-boomers or soon-to-be retirees depending upon a supplemental income to their Social Security retirement benefits are searching for financial ways to enhance their long and rewarding life. Many consider annuities as an option for this purpose. A terrific idea….but, did you know that the annuity you buy as a way to supplement your retirement income may be losing money due to inflation? As you know, annuities are insurance agreements issued by a company who promises a fixed dollar...
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