An annuity is a type of insurance product that can provide income you cannot outlive. Generally used as part of a retirement strategy, annuities are able to provide a steady stream of income, making it a popular choice among investors.
Here’s how an annuity works: (more…)
If so… you have four options when leaving an employer where you have contributed to their 401k plan.
Keep it in your current plan
Transfer current 401k plan to new 401k plan with new employer
Cash out your 401k
Rollover – Move it to another qualified retirement account.
3 ways they work together – to put you ahead.
When setting your retirement goals, have you thought… “If I should die before those, who depend on me… will there be enough savings for them?”
Here we will understand importance of incorporating life insurance with your retirement plan in order to give you and your family the comprehensive safety net in the event of premature death or disability. As stated on the LIFE Foundation blog: “A retirement plan without insurance is just (more…)
Did you know that Annuity contracts can be traced all the way back to Roman times?Apparently during the Roman times they were know as annua, or “annual stipends” in Latin. Roman citizens could enter into this contract known as an annua, which would promise the individual a stream of payments for a fixed amount of time or possibly for life.
Annuities are gaining back their popularity these days with the Obama administration encouraging (more…)
This just may be what your 401k needs.
2010 will be here before we know it. With all the uncertainty that we are experiencing these days within the financial realm one thing that IS CERTAIN pertains to the Roth IRA. The 2010 conversion period is just around the corner. To help with understanding what your options are and the NEW 2010 (more…)