Typically, you want to consider an annuity only after you’ve maxed out other tax-advantaged retirement accounts, such as 401(k) plans and IRAs. But beyond that, there are at least 5 other situations where buying an annuity makes a lot of sense: The stock market freaks you out ...
We own four residential properties, all unencumbered. Two properties we rent out. Most would consider these part of our net worth as assets that generate income. This is correct if we think in purely in spot terms (i.e. as of today). These assets, however, exist to hedge a forward lia...
If you are specifically investing money for retirement, consider an individual retirement account (IRA). With both a traditional IRA and a Roth IRA, your earnings are not taxable from year to year. There is trade-off, however. You may...
“A lot of folks come to us, and if they don’t have a pension, they might need a fixed annuity to act like a pension,” Tucker says. Annuities are financial products that pay the owner on a regular basis and, in some cases, they can be structured to essentially replace the ...
I consider myself to be reasonably technically proficient, but when I tried to safeguard my (learning disadvantaged) son from being able to access web sites associated with gambling, pornography or bomb making – found myself continually having to override the technology in order to enable him ...
Consider the following two mutually exclusive projects: 1: (a) What is the IRR of Project X? 1: (b) What is the IRR of Project Y? 2: What is the crossover rate for these two projects? A project's equivalent annu...
deposit(CDs). However, this could introduce reinvestment risk. Since interest rates are currently near your 5% target, there is no assurance they remain there in the future. You could structure an annuity or build a laddered fixed-income portfolio that aligns with your expecte...
Should I wait until I'm rich to give back? This is a question I have fought with a lot over the years. Spending time with the upwardly mobile in places like NYC and LA, one can't help but believe the consensus: It is better to wait until you have made a
At the same time, we should also consider the issue of the proportion of local income growth, which I will continue to talk about. < /p > < p class= "p15" style= "margin-top: 0pt; margin-bottom: 0pt" > span style= "font-family:" Song body ";" font-size: ";" "" "" >...
Advantages and Disadvantages of Buying an Annuity Within Your 401(k) All of this means that there are a number of factors on both sides to consider when thinking about whether it makes sense to hold an annuity in your 401(k). Advantages of Buying an Annuity in Your 401(k) Sharing ...