How to Build Your Own Annuity

May 16, 2011

If you are in need of retirement income, were you aware that you can create your own annuity just as easily as you can purchase annuities? That’s right. When an insurance company invests in the market, they are no more protected against loss than you or I. Building your own annuity with a careful mix [...]

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Private Annuities and Private Annuity Trust Defined

May 13, 2011

Annuities are contracts between a person and a company in which the person puts money or assets into the company in exchange for regular payments throughout the person’s life. Private annuities work the same way, except they are between two individuals instead of between an individual and a company. Private annuities are just that, private. [...]

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Understanding Fixed Annuities

May 5, 2011

The majority of fixed annuities do not have fees associated with them, except for the small payment that is charged on a yearly basis. Even this particular fee is sometimes waived when a certain amount of money is dedicated to investment each year. So, if your insurance company is not charging you any money, how [...]

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Understanding Annuities – Confused? We’ve Got Answers

April 30, 2011

Many people do not understand what annuities are. If you are one of these people, you have come to right place. Today, we are going to give you some basic answers that will explain what annuities are, what’s so great about them, and what you need to look out for. What are Annuities? An annuity [...]

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Surprising Reason Why Pre-Retirees Don’t Have Annuities or an Income Plan

April 22, 2011

After reading the reports from last fall’s Fidelity study, I was stunned. The report revealed that three out of every four pre-retirees do not have an income plan. Okay, that’s believable. The alarming portion of the study was the reason behind not having an income plan. The top reason was driven simply out of the [...]

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How to Sell Your Lump Sum Annuity

April 14, 2011

If you need quick cash for an emergency or a financial crisis you are facing, selling your lump sum annuity might be an option you want to explore. There are plenty of companies online that offer to purchase your lump sum annuity, but unless you are armed with the proper information, you may not receive [...]

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How to Compare Annuities: Fixed, Variable, or Indexed

April 7, 2011

Once you start gathering information on annuity choices, you’ll quickly learn that there are plenty of choices designed to meet a variety of financial goals and retirement needs. There are several factors involved in determining which type of annuity is right for you and we are going to cover the basic decisions and considerations involved [...]

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What a Financial Planner Can & Can’t Do for You

April 1, 2011

The investments you make are a huge part of your financial future and security, but they aren’t the whole picture. After all, you can’t simply ignore your monthly electric bill in order to invest in the stock market. Likewise, although purchasing a home is likely the largest and wisest of all of the investments you [...]

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Tax Sheltered Annuities Explained

March 23, 2011

An annuity is a life insurance contract that promises a lump sum payment after a specified amount of time, or until the insured dies, in exchange for monthly payments of a certain amount. Deferred annuities postpone this payment until a specified time. Tax sheltered annuities are a certain type of  deferred annuity. Want to learn [...]

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The Benefits of a Reverse Annuity Mortgage

March 16, 2011

Is there such a thing as a loan you never have to pay back? Well, sort of. It’s called a reverse annuity mortgage and for certain individuals, it can be a very smart option. Of course, all loans have an eventual date in which they will be repaid to the lender, but with a bit [...]

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