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investment

Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity,

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

by Hans HeggeJune 1, 2017

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’ve earned. Consequently, it’s taxed as regular income would be. The capital portion of the return is not taxed. The return on capital, or the additional balance after the principal capital is subtracted, is taxed. This is because it’s considered part of the annuitant’s gross income. What Is The Exclusion Ratio? The exclusion ratio is a calculable ratio used to identify the portion payout that is excluded from taxable income. The

Annuities For Growth, Income Annuities,

How to Get Guaranteed Retirement Income for Life

by Hans HeggeApril 18, 2017

Retirement Income for Life Hitting retirement and having no guaranteed income can be detrimental to your health. According to the American Psychological Association, older individuals with lower socio-economic status are at risk for increased mortality rates, higher stroke incidence, higher progressive chronic kidney disease, and lower health-related quality of life. So, having a secure way to receive a steady income after retirement will help you live a full life. But how do you go about doing that? How do you get guaranteed retirement income for life right now? Well, we’re here to talk about how you can get a guaranteed income stream with an annuity and avoid the scammers because they are out there. So, let’s dig in. How Does An Immediate Annuity Work? A single premium

Annuities For Growth, Income Annuities, Index Annuity, What To Watch Out For,

Two Distinct Phases of an Annuity

by Hans HeggeMarch 12, 2017

What Are the Two Phases of an Annuity? The Accumulation (or Investment) Phase: This is the phase in which you add money to the annuity and collect interest in some form. A purchased deferred annuity is necessary when this option is utilized. You can purchase one in one lump sum. You can make investments periodically over time. The Distribution Phase: This occurs when you begin distributions from the annuity. Two general options for receiving distributions are available. The first option allows some or all of the money in the annuity to be withdrawn in a lump sum. The full contract value can be “rolled” into another agreement without paying taxes. This is called a 1035 exchange. The second option while using an income rider is to turn on the income