What Are Fixed and Index Annuities and How Do They Work?

  What is An Ordinary Annuity? Per Wikipedia “An annuity is a series of equal payments at regular intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.” This is partially true. On this site you will find reasons to invest in fixed andContinue reading “What Are Fixed and Index Annuities and How Do They Work?”

How Do I Know If An Insurance Company Is Creditable?

  What To Look For In A Fixed Annuity When It Comes To Ratings How do I know the insurance company is creditable? There are about 50 insurance carriers, but ONLY 12 investable. If an AM Best Rating is below an A-, it would be advisable to disregard any investment or long term relationship withContinue reading “How Do I Know If An Insurance Company Is Creditable?”

Why Invest in Annuities? Because The Exclusion Ratios Means Tax-Exempt ROI

 Why Invest in Annuities? Exclusion ratios are tax-exempt portions of your annuity return. For example, each annuity payment you receive can be split into two distinct parts. The annuity investment capital is one portion. The other portion is an additional amount that is taxed at the current income rate. This portion is interest that you’veContinue reading “Why Invest in Annuities? Because The Exclusion Ratios Means Tax-Exempt ROI”

What are the Pros and Cons of Annuities?

 It may send your mind into an infinite loop to imagine using money to buy money products, but that’s just how the financial world works. And Americans did just that! In just the third quarter of 2016, USA investors analyzed the pros and cons of annuities and spent $51.3 billion on them. Sound like aContinue reading “What are the Pros and Cons of Annuities?”

Does Your State Protect Your Annuity From Creditors?

Protect Your Annuity From Creditors O.J. Simpson & Florida Exemptions For Annuities Remember O.J. Simpson? I’m not talking about the notorious car chase in the Ford Explorer. According to MarketWatch, O.J made some poor financial decisions in Vegas. Consequently, those decisions led to lawsuits that ordered him to pay back creditors. O.J. put most ofContinue reading “Does Your State Protect Your Annuity From Creditors?”

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