According to Matt Wallace of The Times Herald, “Not all annuities (are) created equal.” Annuities are an excellent investment for many investors in many circumstances, but you always want to spread your savings over multiple investments that will be used for different purposes. Annuities are …
The New York Times article “The Annuity Puzzle,” by Richard Thaler, ponders why more people with control over their retirement income do not choose annuities. The guaranteed lifetime income offered by annuity products seems like a “no-brainer” over other investments where you might run out …
According to Insurance News Net’s article “Annuity Sales Post Double Digit Increase,” variable annuity assets are at the highest level ever. The guaranteed income from annuities has made them very popular, especially with the millions of baby boomers who retire each year. The Insured Retirement …
Our series of Real World Scenarios continues with a future inheritant’s question regarding their father’s death benefit annuity. My elderly father has an annuity. When he passes away, will I be taxed only on the gain, or will I be taxed on the entire amount? …
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