303.717.4721
Blog
An annuity is a contract between you (the “annuitant”) and an insurance company. You purchase an annuity contract either with a lump sum payment all at once, or with many smaller payments over time. The insurance company invests your payment, and promises to provide you income over a fixed period, which may include the rest…
Employer-provided 401(k) and 403(b) plans have options for investing in mutual funds of stocks and bonds, real estate investment trusts, and money market funds. Some may also offer options to save in individual retirement accounts (IRAs) and annuities. Self-employed people also have options for establishing IRAs and annuities. These products offer tax advantages by allowing…
The United States Department of Labor’s Employee Benefits Security Administration (EBSA) states that only 40% of Americans have calculated how much money they’ll need for retirement. Even more surprising, EBSA reports that, as of 2018, 30% of workers who had the opportunity to contribute to an employer-sponsored retirement benefits plan were not participating. Knowing how…
Retirees and those approaching retirement worry about volatility in the stock market. Big market drops can send a chill down the spine of those who depend on retirement savings invested in stock mutual funds, ETFs, and index funds. Market whiplash creates uncertainty about whether hard-earned and carefully saved money will be there when retirees need…
Annuities are contracts with insurance companies. Sometimes, something better comes along years after you purchase an annuity, or you may simply become dissatisfied with your brokerage and want to transfer your investments, including an annuity, to a different firm. It is critical to know how to transfer an annuity from one broker to another to…
Anyone who has received that intermittent mailing from the Social Security Administration may wonder how they can live on what they’ll get in retirement. Those who have diligently saved for retirement anticipating this shortfall have several ways to turn retirement savings into income. Here’s a brief selection of income-producing strategies for retirees. Learn the 4%…
Social security benefits may be affected by your age, the time you elect to begin receiving payments, and by how much money you make. People close to retirement age may wonder about annuities and social security income limits. However, the Social Security Administration (SSA) does not count income from pensions, annuities, dividends, or interest. It…
As the saying goes, two things are certain: death and taxes. Annuities can’t prevent the first, and taxes on them must be paid eventually. But the type of annuity you purchase or contribute to affects how much of your money will be taxed, and at what time. As with any kind of financial product, individual…
In a perfect retirement, all debts, including mortgages, would be paid off and savings would provide a comfortable lifestyle for as long as you live. Life, however, doesn’t always work out the way we plan. Thankfully, there are ways to protect hard-earned savings to ensure you have a reliable income during retirement. One strategy to…
Retirement annuities are one of many strategies that provide financial stability in retirement. Smart retirement planning often includes annuities to supplement other retirement savings and plans. Reviewing the advantages of retirement annuities should be part of any retirement planning conversation. Steady Income in Retirement Annuities provide the comfort of a steady income stream in retirement.…
- « Previous
- 1
- 2
- 3
- Next »
