Immediate Annuities COLA Riders to Stay Abreast of Inflation
Many millions of Americans depend on immediate annuities to deliver them with the twin advantages of keeping their principal secure and deferring taxes. The major disadvantage of immediate annuities is that those secure fixed payments never rise and therefore do not keep pace with inflation. For example, let us assume that you are depositing $100,000 in a single premium immediate [...]
Categories: immediate annuities Tags:
Creating an Annuity Ladder with Immediate Annuities
As an older retiree, you could possibly no longer wish to worry about market variation effects on the segment of one's investments you rely on to offer you income. Immediate annuities will provide stability in your retirement many years. In that case, you may want to convert the some variable investments (e.g. stocks, equity funds) to an annuity to give [...]
Categories: immediate annuities Tags: annuity ladder, immediate annuity, laddering annuities
Immediate Fixed Annuity Payments - How much will you get?
One of the advantages of immediate fixed annuities is the feature that provides you with income for the rest of your life, for both you and your spouse, or simply to pay you for a fixed number of years. But what?s the best choice for you? Let?s consider some payouts based on annuity type and other factors to get a [...]
Categories: immediate annuities, retirement income Tags: immediate fixed annuity
Immediate Fixed Annuity: An Alternative to Tax Free Bonds
While tax-free bonds can be a popular source of tax-free income, some retirees are not aware that they can receive a potentially higher source of cash flow from insurance companies using an immediate fixed annuity. In exchange for the premium payment, the insurance company pays the annuity owner a cash payment for life or for a term of years. Each [...]
Categories: immediate annuities Tags: immediate fixed annuity
Retirement Annuity Rates--Where to Find Them
Although there are several flavors of annuities, the term "retirement annuity" typically refers to an annuity taken from an employer pension plan (e.g. monthly payments for life) or a non-qualified annuity purchased by an investor with after tax funds in return for monthly payments from an insurance company. Retirement annuity rates or monthly payments will depend on the amount you [...]
Categories: immediate annuities, retirement annuity Tags: retirement annuity rates
Reducing Taxes With an Immediate Annuity
Your Immediate Annuity May Give You a Double Tax Break If you?re concerned about having enough income to last and you want to maximize it while reducing taxes ? perhaps an immediate annuity is for you. You?d ensure an income for life but it?d depend on your age and sex. When you die, that?s it ? your investment is gone. [...]
Categories: immediate annuities, reducing taxes Tags: reducing taxes
