by Art Rossetti | Jan 15, 2021 | Annuities, Life Insurance, Long Term Care
It depends entirely on your goals and attitudes. The person comfortable with an annuity wants guarantees. The principal is guaranteed and so is the income it will generate. If you’re in an annuity, it doesn’t matter one bit what the stock...
by Art Rossetti | Jan 12, 2021 | Annuities
Quite well. To begin with, the interest compounds, tax deferred. With a Certificate of Deposit, or CD, you must declare the interest each year on your tax return. Secondly, annuities pay a higher interest rate. You’d have to lock in a CD for 10-years to get the...
by Art Rossetti | Jan 8, 2021 | Annuities
It depends on what you want the money to do. Annuities are end-of-working-life solutions. If you have read this far, I’m sure you have heard of the 4% rules in financial planning. It states that if you start taking 4% out of your investments each year after you...
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