Annuity Date Explained: Key Insights & Significance
Understanding the Significance of Annuity Dates Annuity dates play a crucial role in financial planning. They determine when you start receiving income from your annuity. Understanding these dates is essential for anyone considering an annuity purchase. Annuity dates can be immediate or deferred. Immediate annuities start payments soon after a lump sum is paid. Deferred […]
The Power of 403(b) Plans: Building a Secure Retirement
A 403(b) plan is a retirement plan offered by public schools and certain tax-exemt charities. In general terms, it is a school teachers 401(k).
Understanding the SECURE 2.0 Act of 2022: A Comprehensive Guide
Summary of SECURE 2.0 Act Changes You Want to Know As we begin 2023, the SECURE 2.0 Act is set to become one of the most talked-about legislative measures affecting the retirement savings landscape in the United States. SECURE 2.0 makes significant changes to existing retirement laws in an effort to promote retirement savings and […]
Charitable Gift Annuities – The Definitive Guide in 2025
A Charitable gift annuity (CGA) is a contractual agreement between a donor and a charity in which the donor makes a single gift to the charity in exchange for guaranteed lifetime payments.
JourneyGuide Retirement Planning Calculator
Journey Guide: A Holistic Retirement Planning Calculator If our Retirement Planning Calculator was a car the JourneyGuide would be a Porsche 911 GT2. Most financial planners and retirement planning calculators focus on asset accumulation and still rely on a “4% Withdrawal Rule” that was created using historical data from 1926 to 1976. Our holistic retirement […]
Citibank CD Rates
Citibank CD Rates Before you lock in a Citi CDCompare Citibank CD rates to today’s best annuity rates from 90+ carriers.Multi-year guaranteed annuities (MYGAs) currently offer materially higher fixed rates than Citi CDs at every term from 2 years to 10 years, with the same principal protection. Same lock-in, much better rate.See today’s best annuity […]
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 […]
Who Can Still Stretch an Inherited IRA?
5 Eligible Beneficiaries who may still be eligible to “stretch” an inherited IRA.
6-Step Retirement Planning Checklist to Get the Ball Rolling
Retirement Planning Checklist: 6 Bite Size Steps Before you start your next big chapter of retirement, help make sure you are financially on track for the golden years you want. Like many important to-do’s, breaking them down into a retirement planning checklist can make the exercise much easier to tackle. Plus, your sense of accomplishment […]
