In part 1 of my 3-part series on annuities, I presented a high-level primer on the types of annuity options in the marketplace based on the purpose they serve (accumulation vs. income). In this next installment, we will go deeper on accumulation annuities which are focused on growing your asset value until you need the …
The Good, the Bad, and the Misunderstood – Accumulation Annuities Read More »
Annuities are a deep chasm of confusion for many people. For one, they have been misused at times in our industry where the wrong people were sold the wrong annuity at the wrong time in their life. And two, even when used correctly, there are so many varieties of annuities with so many different features …
My last blog covered the new rules around inheriting investments as a spouse, per the SECURE Act of 2019. Now we turn to non-spouse beneficiaries (e.g. children, siblings) and it gets even more complicated, particularly when it comes to inheriting IRA’s. Note that there is typically no difference when it comes to inheriting non-retirement investments. …
It’s an emotional time. Your loved one has just passed, and now you are left figuring out what to do with the money you have inherited. And everything you may have known about this topic changed with the passing of new rules in the SECURE Act in 2019. So, I am going to walk you …
