Q&A
Asked by Kathleen
This is an excellent question. Annuities
may/may not be an ideal situation for you, but
I think it would be in your best interest to
compare and understand all your op...
Q&A
Asked by an anonymous user
I actually believe in many cases that
investing in very low cost index funds on a
fully taxable basis yields better results than
investing in an annuity. The reason i...
Q&A
Asked by an anonymous user
This is an excellent question, but one that
isn't that easy to answer. Annuities are a lot
like laptop computers, they call with all
sorts of features, benefits, and p...
Q&A
Asked by an anonymous user
Paying back your 403b loan = paying back your
retirement plan. In every respect, it's a good
idea. However, if for financial reasons you
aren't able to pay this back, ...
Q&A
Asked by an anonymous user
Good question! You are close, the 1035 tax
free exchange will allow you to exchange an
existing annuity or permanent life insurance
contract to a new one that has a L...
Q&A
Asked by Yvette
Answered by Stacy Marcus
CDFA™ CFEI™ in New York, NY
CDFA™ CFEI™ in New York, NY
Yvette, I hope you received qualified
professional tax and financial planning advice
when you made the decision to roll over your
401(k) into an annuity. The terms an...
Q&A
Asked by Lee
Answered by David Wasson
Insurance Agent in Rohnert Park, CA
Insurance Agent in Rohnert Park, CA
I would ask you first, is the 401(k) your only
way to pay for the hybrid? 401(k) money can
be expensive since it is normally 100%
taxable. Next I would ask if the lo...
Q&A
Asked by an anonymous user
Answered by John Carlson
President, Carlson Wealth Management in San Diego, CA
President, Carlson Wealth Management in San Diego, CA
Hi - No question your first step should be to
build a retirement income roadmap. As a
complimentary service we can help you build it
so you can evaluate your options....
Q&A
Asked by Michael
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hi,
Thanks for your question. The following
MoneyTips article outlines the pros and cons
of buying annuities, and also briefly
contrasts these products with IRA's a...
Q&A
Asked by Carol
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Carol Hosenfeld,
There are a multitude
of great firms and great strategies for your
retirement funds. Rather than debate the pros
and cons of TIAA-CREF's variou...
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