Annuities are very similar to an insurance policy. For example, you have monthly premiums with an insurance policy and if you meet the policy’s terms, you would collect on the insurance policy’s payout.

An Annuity is a guarantee to pay you a certain amount per month for the rest of your life. You purchase the annuity and make monthly payments, and after a certain number of months, the annuity starts making payments to you, based on what you have put in.

Life Insurance policies that are whole term are often built on buying into an annuity.

Annuities and Retirement

One of the advantages of annuities is that you can buy an annuity with your tax defered retirement funds and instead of paying taxes on the whole retirement amount, you only pay on the portion of the annuity that you receive. This spreads out your income and taxes.

Benefits of Annuities

Annuities have many benefits. The most important benefit to an annuity for many people is that it guarantees a monthly income in the future. An annuity helps protect your future, especially in the case of living longer than you have saved for.

How to Buy Annuities

Annuities are just one option you need to consider to help protect your retirement and enjoy your later years. Your wealth in your retirement does not have to be risky. Lee Hyder helps you consider if annuities are right for you and can help you buy an annuity.

To contact Lee, visit Lee Hyder

Owners of an IRA have complete control over where they invest their IRA funds.  If they are currently unhappy with the current rate of return or the service they are receiving from the institution where your IRA is presently held, they can move it. Did you know you can transfer your IRA to another IRA qualified investment without any penalty or having to pay any income tax?

This is done with a Direct Transfer or a IRA Rollover.

Owners of IRA’s might consider Annuity products that are a safe and secure alternative and have interest rates that are better than most Savings Accounts, bank CDs  or Money Market Funds. If your IRA is currently in a Mutual Fund and you are concerned, an Annuity is a great way to guarantee your principal while still having an opportunity for future growth.

STRETCH THAT IRA
AND MAKE IT LAST GENERATIONS
OR DO NOTHING
AND GIVE THE IRS
MORE THAN YOU GIVE
YOU’RE FAMILY

Are you looking for information that  deals with the new law that will enable to take your IRA, 401K, TSA, 403B and pass it to your heir’s tax free. That will create an income for the next generation for years to come.

Failure to take advantage will result in your heir’s needlessly paying maybe of hundreds of thousands of dollars
to the IRS immediately after your death.

Don’t Cost Your Family Millions by Lee Hyder