Purchasing an Annuity
Whether you’re a retiree seeking an income stream that you can’t outlive or a new investor building a well-rounded retirement savings plan, buying an annuity […]
Month: January 2024
Qualified vs. Nonqualified Annuities
Qualified and nonqualified annuities are tax-deferred investment strategies. Qualified annuities are funded with pre-tax dollars, while nonqualified annuities are funded with post-tax dollars. You must […]
Annuity Taxation: Implications and Strategies
Because annuities grow tax-deferred, you do not owe income taxes until you withdraw money or begin receiving payments. Upon withdrawal, the money will be taxed […]
Indexed Annuities
An indexed annuity, also known as a fixed-index annuity or an equity-indexed annuity, credits interest based on two factors: a minimum guaranteed rate and additional […]
Types of Annuities
There are three main types of annuities: fixed annuities, fixed index annuities and variable annuities. Annuities can also be classified as immediate or deferred, indicating […]
Annuities-What Is an Annuity?
Annuities are powerful financial instruments designed to provide guaranteed income for life. Whether you’re planning for retirement, seeking long-term financial security or aiming to diversify […]
CURRENCY WEAKENING- Why it’s so easy to blame the banks
The reason we have a weak rand is a bigger issue than short-term trades by the big banks. A colleague of mine recently told me, […]
How a beneficiary fund can provide for your child
If your retirement fund and group life cover make up the largest portion of your assets, a beneficiary fund may be a simple and cost-effective […]
How an education protection plan works
Is it better to use life cover or an education protection plan to ensure that your child’s education is provided for in the event of […]