Articles, tagged with "annuitant", page 1
A Little-Known Community Spouse Medicaid Compliant Annuity Planning Technique
The legislation regarding annuities contained within the Deficit Reduction Act of 2005 ("DRA") seems to apply only to the "annuitant who has applied for medical assistance." However, most post-DRA states apply the provisions also to an annuitant that is ...
Four Helpful Information About Premium Death Benefits
If you are a contract owner or beneficiary of an annuity death benefit, you ought to understand the nature of the premium death benefit, the two ways to receive the benefits, the policy upgrade, as well as when beneficiaries can pay the benefits' taxes.
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With Lifetime Annuity, Post-Retirement Is No More a Problem
What you save today is what you earn tomorrow? This is absolutely true in case of the retirees. During their service tenure, whatever they save comes back to them in the form of their hefty pensions. However, there are some of the servicemen who hardly bo...
Investment Options for Your Retirement Should Not Be Risky Business - Annuities, 401k and You
Investments can be complicated and potentially risky ventures. The notion of your own retirement and financial well-being in your later years being "risky" or "complicated" is going to introduce fear into anyone who is making choices now that will impact ...
Information about Annuity and Retirement Annuities
An annuity can be defined as an investment made by a person either in lump sum or by regular installments paid over a certain period of time, and the person gets a specific amount of money in return yearly, half-yearly or monthly either for whole life or ...
What are the Tax Consequences to the Beneficiary of My Annuity
Retirees especially like annuities because annuities can assure them an income for life. But some retirees will die before beginning their annuity or receiving all their guaranteed annuity benefits. Their beneficiaries will then receive those benefits. Th...
Tax Deferred Annuities: Save Today, Live Tomorrow
Life is unpredictable and you cannot predict what is standing for you in the next turn! I was a banker, I always believed on saving money for future. I spared all my savings behind my daughter’s higher education and son’s restaurant. Everything was going ...
Protect your Retirement Income from Inflation with Swiss Annuities
Every retiree wants to live a long and happy life after retirement. Yet, that is only possible if one is able to outlive his or her assets. Because of this, many people invest in 401k plans, stocks, bonds, IRAs, and CD accounts before they retire. The und...
Fixed Annuities: Considered the safest investments
Due to the recession over the last few years and a rather slow economic growth, people are used to a lower interest rate. But as far as the annuities are concerned it is better to go for some good annuity rates. It is much better to get higher annuity rat...
A fixed annuity is a type of insurance product to save for your future
This is an insurance product, where an insurance company makes fixed payments to the annuitant. A fixed annuity is set for a fixed term and remains to be settled till the death of the customer. The company guarantees both the earnings and the principal. I...
Retirement Annuity Works Best after You Retire
Retirement signifies the beginning of a new phase in life. When you call it a day, you take a permanent break from the busy work schedules and sketch plans to enjoy the rest of your life to the fullest. You are no longer obliged to follow your seniors’ in...
Deferred annuity is a great investment plan for long periods of time
If you are a person who loves planning everything in life, deferred annuity is just the plan for you. An investment in deferred annuity is particularly done for your post-retirement life. A person who is planned and has foresight will definitely invest in...
Deferred annuity - A Guarantee for Your Prosperity
An unwise decision during heydays has cascading effects in the twilight years especially when it comes to making financial arrangement. Once we retire from job, the source of income becomes limited. We have to meet with what we get as pension. Unless and ...
Can You Sell Your Future Annuity Payments?
For years, annuities were a popular way to save for retirement. They were perfect for people with low tolerance for risk and the guaranteed income stream made budgeting easy. The growth of the money was tax-deferred so the annuitant would typically pay fe...
Benefits of deferred annuity
In deferred annuity contract the saving phase is nothing but the phase in which the annuitant invest the lump sum money into his account. In the second phase i.e. income phase in which the contract is converted to annuity and the annuitant start getting p...