If you’d like a safe and steady way to grow your retirement savings you can compare current fixed annuity rates at our fixed annuity marketplace. Fixed annuities pay
a guaranteed interest rate for a specified number of years (3 to 10 years).
This hypothetical example is used for illustrative purposes only. Actual results will vary. This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek advice from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information resented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.
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A Guide to the 59 1/2 Rule & Exceptions for IRA Withdrawals
The 59 1/2 rule states that withdrawals from an IRA prior to age 59.5 are subject to a 10% penalty tax.
Can I Retire at 60 with $500K?
How Much Do I Need to Retire at 60? Are you approaching your 60th birthday with a nagging question on your mind – can I retire comfortably with just $500K …
Farmers Life Safeguard Plus MYGA
The Farmers Life Safeguard Plus MYGA is a CD-type annuity that pays a set interest rate for the length of the term with free withdrawals of interest.
