Immediate Annuities
How Will My Immediate Annuity Be Taxed?
The kind of savings used to purchase your immediate annuity will determine the taxes owed on the income payments you receive. We’ve broken down how you may be taxed.
Tag: Saving
Immediate Annuities
The Financial Value of an Immediate Annuity
Comparing the exact financial value of an immediate annuity to a traditional investment product is like comparing apples to oranges. But it’s important to make some assumptions and run the numbers. So here it goes!
Immediate Annuities
These Features Will Impact Your Immediate Annuity Quotes
Your personal attributes and the extra features you choose to customize your immediate annuity with will affect the income you can generate. We’ve broken down how each option will impact your rates.
Immediate Annuities
Should You Buy an Immediate Annuity?
An immediate annuity can provide you with peace of mind during retirement. While not right for everyone, find out if an immediate annuity fits your retirement needs.
Immediate Annuities
The Pros and Cons of an Immediate Annuity
Immediate annuities have many financial benefits that help make retirement planning simpler, but also some drawbacks. Find out what an immediate annuity has to offer before you purchase.
Immediate Annuities
What’s an Immediate Annuity?
The immediate annuity (sometimes also referred to as a Single Premium Immediate Annuity or SPIA) is a pension-like product you can buy for yourself from an insurance company using your retirement savings. An immediate annuity generates a guaranteed income stream that lasts as long as you do with income starting no more than a year from your purchase. It’s a way to diversify your portfolio, and make sure that all, or most, of your basic retirement expenses will be covered for as long as you live.
Other Annuities
4 Reasons Not to Buy a Fixed Indexed Annuity
Fixed Indexed Annuities aren’t all they appear to be. We’ve laid out the four reasons why you shouldn’t purchase one.
Other Annuities
How a Fixed Indexed Annuity Really Works
Fixed indexed annuities are complicated products that don’t do everything they promise. Here’s what a fixed indexed annuity looks like in real life.
Social Security
Changes to Social Security
While Social Security has evolved since its inception, projections of its available funding has created concerns of its future viability. There could be changes to Social Security going forward. Here’s what you need to know.
Social Security
Taxing Social Security Benefits
Your combined income affects how much your Social Security benefits are taxed. Learn what tax bracket you fall into.