Are Annuities a Good Investment for Retirement in 2024
Are Annuities a Good Investment for Retirement Today? You have likely made contributions into a 401(k) or an individual retirement account (IRA) as a way to grow your retirement nest egg. An annuity is another option for retirement savings, but are annuities a good investment for retirement? Technically an annuity is actually an insurance contract, […]
Can You Lose Money in An Annuity?
You can lose money in a variable annuity and a registered index-linked annuity; you can not lose money in a fixed annuity, immediate annuity, or fixed index annuity. Can You Lose Money In An Annuity? Are you looking for a safe and steady way to grow your retirement savings? This annuity guide will cover which […]
How to Leave a Legacy to Your Grandkids with Annuities
A Simple Annuity Wealth Transfer Strategy Anyone Can Implement When you hear a financial advisor talking about wealth transfer strategies Life Insurance is almost always at the heart of the conversation which certainly makes sense. However, I’ve often seen situations where a client isn’t healthy enough to purchase life insurance, at least not at a […]
Understanding Annuity 1035 Exchange Rules
What is a 1035 Exchange? The Internal Revenue Service (IRS) allows you to exchange an annuity policy that you own for a new annuity policy without paying tax on the gains earned on the original contract. This can be a substantial benefit. This rule is governed by Section 1035 of the Internal Revenue Code which is […]
What are Hypothetical Annuity Quotes?
What is a Hypothetical Annuity Quote? Annuity Calculators are certainly not all the same. If you are considering buying an annuity it is important to be clear on what your objective is for this potential annuity. There are many different types of annuities that can seem overwhelming but it doesn’t have to. Annuities get a reputation […]
Should I Buy an Annuity? Pros, Cons & How to Decide (2026)
Should You Buy an Annuity in 2026? An annuity is right for you if you need guaranteed income you can’t outlive, principal protection with a competitive rate, or tax-deferred growth beyond your 401(k) and IRA limits. It is not right for you if you need full liquidity, your time horizon is under 3 years, or […]
