An IRA, or Individual Retirement Account, is a great option for saving for retirement, especially if you don’t have access to a 401(k) plan through your employer. While these savings accounts offer big tax breaks, they have one major drawback: the annual contribution limit. In …
If you regret not starting to save for retirement early enough, you’re not alone. According to a recent U.S.News article, 22% of Americans feel the same way. While a late start to saving can threaten a secure retirement, it doesn’t necessarily mean you don’t stand …
The trend in fee-based fixed indexed annuities continues with a recent announcement from Symetra Life Insurance Company. The leading fixed annuity provider has introduced two new FIAs built for fee-based planning, according to a recent press release. Symetra Advisory Edge and Symetra Advisory Income Edge …
For those nearing or in early retirement, the fear of running out of money is a very real concern. Enter the qualified longevity annuity contract, or QLAC. With this relatively new option, you can invest up to 25% of the total balance of your IRAs …
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