Jason Soloman |
February 18, 2014 |
Annuity Taxes, Deferred Annuities
Are you considering investing Non-Qualified (non-IRA) money in the Total Value Annuity, American Equity Bonus Gold, Allianz Core Income Benefit, Athene Choice 10, Security Benefit’s Secure Income Annuity, or any other deferred annuity? It may be a good investment for the savings and income portion of your money, but then again it may not. This article is intended to provide you with tax information that will help you make more informed decisions when deciding which investments will work best for you near or in retirement....
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Jason Soloman |
December 17, 2013 |
Annuity Basics, Fixed Annuities, Index Annuities, Jason Soloman, Member Posts
The debate about fixed annuities has been going on for years. Some advisors/insurance agents will only sell indexed annuities to retirees; other advisors/agents won’t associate their name with such products. I on the other hand believe that for the right person, an indexed annuity could be a piece of a holistic retirement plan. Listed below are 3 reasons I like and hate indexed annuities. Things I love About Indexed Annuities 1. Income For Life People can bash the Social Security system all they want, but...
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Jason Soloman |
December 6, 2013 |
Annuity Basics, Annuity123, Index Annuities, Jason Soloman, Member Posts, Surrender Charges
Some annuities, specifically indexed annuities, have a surrender charge that ranges from 3-15 years. So if you are not terminally ill, require nursing care for more than 90 days, and want to withdraw more than 10% from your annuity there will probably be some monetary consequences to go along with your withdraw. Some surrender charges are defined and won’t change; others fluctuate via their Market Value Adjustment. So what is a Market Value Adjustment (MVA)? Essentially a Market Value Adjustment is the insurance company’s way...
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