Category: Annuities, Articles, Retirement Planning
Category: Annuities, Articles, Long Term Care Insurance
Category: Annuities, Articles, Long Term Care Insurance, Retirement Planning
The Pension Protect Act (PPA) was passed by Congress in 2006 and became effective in 2010. The law provides tax advantages for consumers who wish to purchase a long term care policy using a non-qualified annuity policy. The provision in the I.R.S tax code allowing for this is called a 1035 tax free exchange. Consumers can use …
Category: Annuities, Articles, Long Term Care Insurance
Understanding monthly point to point annuity with cap accounts is very important if you are a current or potential indexed annuity investor. Typically, these accounts offer some of the highest potential for yearly returns when markets steadily trend upward. This post is the second in our ongoing series discussing indexed annuity sub-accounts. Our first was an explanation …
Category: Annuities, Articles, Retirement Planning
In response to market demand, several insurance companies are offering annuity accounts with a guaranteed death benefit rider. These new riders increase the contract value each year by a guaranteed interest rate. The annuity death benefit proceeds will be passed on to the insured’s beneficiary(s) in a lump sum – or over the course of a predetermined …
Category: Annuities, Articles, Retirement Planning
If you own or are considering investing in fixed-indexed annuities, it is important to understand how a point to point annuity sub-account works. In this post, we will discuss how these accounts operate and what investors can expect from them. Considered the most conservative of most indexed annuity investment options, point-to-point accounts are the least complicated. There …
Category: Annuities, Articles, Retirement Planning
Tags: point to point annuity, point to point indexed annuity
Category: Annuities, Articles, Retirement Planning
We have written extensively about the benefits and limitations of annuity income riders. There is a lot to learn about these accounts and we do our best to educate consumers online, over the phone and in person. The purpose of this article is to discuss some of the innovations with newer income riders. Not all are …
Category: Annuities, Articles, Retirement Planning
Asset based long term care is quickly growing in popularity as those nearing retirement plan for potential long term care costs. There are only a few companies marketing long term care annuity policies and Mutual of Omaha is one of them. Their policy is called the Living Care Annuity. The primary advantages of their hybrid annuity …
Category: Annuities, Articles, Long Term Care Insurance
Category: Annuities, Articles, Long Term Care Insurance, Retirement Planning
Planning for retirement income is an often overlooked but necessary piece of any financial plan. Some retirees rely on stocks and bonds, others opt for annuity accounts, and many use a mixture of both in order to diversify their assets. Annuities have grown in popularity based on their history of safe & reliable returns and the …
Category: Annuities, Articles, Retirement Planning
Compared to what other investments? Is an annuity a good investment if you had invested the majority of your dollars with Bernie Madoff or Alan Stanford? How about if you invested in Countrywide, General Motors, Lehman Brothers, Enron, WorldCom Inc, Citi Group, Fannie Mae or Feddie Mac? Or maybe you were unlucky enough to have saved …
Category: Annuities, Articles, Retirement Planning
Category: Annuities, Articles, Retirement Planning
Conservative investors looking to protect a portion of their individual retirement account will often consider an annuity as a means to establish predictable growth and reliable income now or in the future. IRA annuity investments provide steady growth and are ideally suited for required minimum distributions. There are several types of annuity accounts to choose from, but …
Category: Annuities, Articles, Retirement Planning