Many people have likely heard of annuities when they’ve done research about their retirement planning. But there’s a good chance that not everyone fully understands what annuities are and how they can play a significant role in an individual’s retirement planning.
In essence, an annuity is a financial contract between you and an insurance company. In exchange for a single payment or a pre-determined series of payments, the insurance company agrees to provide you with certain benefits once you reach retirement. There are some choices you must make regarding how you want your annuity to be paid out once you... Articles Tagged ‘tax-deferred’
Retirement Advice on the Tax Advantages of an Annuity
Many people have likely heard of annuities when they’ve done research about their retirement planning. But there’s a good chance that not everyone fully understands what annuities are and how they can play a significant role in an individual’s retirement planning.
In essence, an annuity is a financial contract between you and an insurance company. In exchange for a single payment or a pre-determined series of payments, the insurance company agrees to provide you with certain benefits once you reach retirement. There are some choices you must make regarding how you want your annuity to be paid out once you...
Thursday, April 5th, 2012
Many people have likely heard of annuities when they’ve done research about their retirement planning. But there’s a good chance that not everyone fully understands what annuities are and how they can play a significant role in an individual’s retirement planning.
In essence, an annuity is a financial contract between you and an insurance company. In exchange for a single payment or a pre-determined series of payments, the insurance company agrees to provide you with certain benefits once you reach retirement. There are some choices you must make regarding how you want your annuity to be paid out once you... 
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