Inside the 2010 Farmers' Almanac |
About Us |
Contact |
For The Press |
Advertise With Us |
Newsletter |
The Daily Almanac RSS Feed |
More RSS
The Daily Almanac RSS Feed |
More RSS
Bake, Cut Firewood, Cut Hair to Increase Growth, Mow to Increase Growth, Castrate Farm... » View more Best Days
Re: Keep Deer out of garden
Hi All!
I live about 1/2 hour...
Fixed Annuity Facts
Investors have a variety of ways to save for the future. Whether it's funding retirement or saving for big purchases in the long-term, choosing an investment depends on the length of the investment, budget and expectations of performance versus the risk involved. Fixed annuities can be a good way to supplement other retirement plans and guarantee an income stream in retirement.
A fixed annuity is a contract between investor and an annuity issuer, usually an insurance company. The investor pays money to the issuer, the issuer invests the funds and pays the principal and its earnings back to the investor. The issuer guarantees (subject to claims-paying ability) a minimum rate of interest on the investment and a fixed benefit amount if you annuitize.
- Annuity contributions are made with after-tax dollars and are not tax-deductible. Most investors should fund other retirement plans first, but if you've already contributed the maximum allowable amount to those plans and want to save more, an annuity can be a good choice.
- There are two phases of annuity: accumulation and distribution. During the accumulation phase you can pay premiums in one lump sum or a series of payments
over time. During the distribution phase the investor can withdraw some or all of the money in a lump sum or can annuitize. Annuitization provides a guaranteed income stream for either a specified period or for life.
- Annuities are designed for long-term investing. Usually there is a penalty for early withdrawal, so be certain you won't need the investment until age 59 1/2.
With offices in New York and Savannah, Barbara Treadwell has more than 20 years of experience in the financial arena. A Certified Financial Planner, Treadwell embraces the LEAP Systems principals of coordinating and integrating assets for improved rates of return, tax savings and better protection against the eroders of wealth.
For more information, visit
www.treadwellassociates.com or call (800) 695-6007.
Recently filed under Home & Garden...
