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Tag Archives: annuities
When Do Immediate Annuity Payments Begin?
I asked this question to David Pipes in Fresno, California and here is what he said: ” Generally speaking the annuity payment starts within one year of making the deposit. Otherwise it is called a “deferred annuity.” Annuity payments come … Continue reading
Annuities are not designed to keep up with the market
What is your definition of competitive returns? Annuities are not designed to compete with market returns. That being said, Fixed Indexed Annuities might, I said might be able to do that. If you want an annuity to keep up with … Continue reading
Ask Robert J Russell – Annuities
Question: Does Wells Fargo have Annuities? Answer: Wells Fargo bank refers their business in annuities to many Life Insurance companies and agencies. So you are not directly purchasing an annuity insurance contract from them directly. Just like their insurance companies … Continue reading
Sock away a larger amount of cash and defer paying taxes…….
What are the advantages of annuities? The biggest advantages annuities offer is that they allow you to sock away a larger amount of cash and defer paying taxes. Unlike other tax-deferred retirement accounts such as 401(k)s and IRAs, there is … Continue reading
The annuity 99% of clients should avoid (and one that’s better)
It’s naïve to assume that Jane Bryant Quinn, who writes monthly columns for AARP Bulletin and AARP.org, would pass up the opportunity to caution folks against certain types of annuities; and she does so in both the book and an interview … Continue reading
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