Annuity investments, although they are quite common in the United States, most people still find themselves asking the question ‘what is an annuity investment?’ An annuity investment is a contribution that an individual makes towards a life insurance policy by a single premium. The returns of the insurance plan will be enjoyed by the insured … Read more
Are you looking forward for an enjoyable and hassle-free retirement days? The very best thing to do is to invest as early as possible so that you will reap the fruits of your labor sooner or later. If you will be saving at an early age, you will also enjoy your investment earlier. There are … Read more
When buying annuities, several things must be considered including what type of annuity would be best for you. There are two main types of annuities: variable annuities and fixed annuities. A fixed annuity would give you a stable income when retirement rolls around in exchange for an upfront payment of principal. Fixed annuities are kind … Read more
When annuities first became available, a single premium immediate annuity was more popular than other kinds of annuities. Immediate annuity rates were the primary concern rather than rates for the now more preferred, yet more complicated, deferred annuity. An immediate annuity is simpler, needing only one lump sum payment to qualify for periodic income payments … Read more
A charitable gift annuity is a transaction wherein an individual ‘donates’ cash, marketable securities, and other sorts of assets to a charitable organization in exchange for fixed annuity payments to one or two annuitants. These annuitants may be anyone but is often the ‘donor’ themselves. The transferred cash will be readily accessible to the charity … Read more
Have you ever had annuities explained to you? Learning about annuities can be very confusing and hard to understand. Let’s make it super simply to understand by starting off with just the basics. Annuities are financial products sold by insurance companies and are usually intended for eventual retirement. Insurance companies provide people who buy annuities with payments … Read more
As a deferred annuity owner, you can receive momentary, tax-free access to your funds through annuity loans. In general, you can take as much as half of your annuity investments in a lump sum. Provided that you make the loan repayments on time, you can take advantage of non-taxed loan money. The loan interest and … Read more
