Annuities Reviews | Annuity Fyi | Tax Shelter Annuity | Deferred Annuity Calculator | Annuity Definition Variable | Amerus Annuity Group

Annuities Reviews

Tax Shelter Annuity








A Brief Overview Of The Tax Shelter Annuity


In the past, planning for your retirement meant stuffing you bank account or the jars in your basement with as much cash as possible. However, even with this retirement strategy, the likelihood that a person would have to cut back on expenses was still very high. Retirement planning has come a long way and now the real enemy to any comprehensive retirement plan these days is taxes.

Thankfully, with the advent of the Tax Shelter Annuity, a person can save wisely and maximize their savings returns so that when retirement comes, they will have a steady and solid stream of income to support or perhaps improve their quality of life.

When it comes to choosing a Tax Shelter Annuity for your retirement needs, there are many different options. Annuities with fixed or variable interest rates, deferred payment annuities and many other annuities are all viable options. Understanding the different types annuities will help you better chose the right annuity for you and you retirement needs.

If you are unaware of the many annuities or retirement planning is new to you, perhaps the best place to start would be a standard 401k or a 403b annuity. These annuities are often offered by an employer. The 401k is a standard annuity while a 403b is the standard for certain non-profit and educational institutions. While there are several different annuities available, most work under the same premise.

Contributions to this annuity is made directly from an employees pay and as a benefit, these payments are non-taxable. However, most annuities have a maximum allowance for yearly contributions. In many cases, however, there is a make allowance that will permit a person to pay more yearly to compensate for the years that did not contribute the maximum.

Smart and prior planning when it comes to retirement is vital to ensuring that when retirement comes you are not short on income. Taxes can take a big chunk out of money over your lifetime; it is nice to have an option by which you can maximize the saving of your money with a Tax Shelter Annuity.

Take the time to find the right annuity for you and you will be prepared for retirement without having to pinch penny’s or work a part-time job to make ends meet.

 

Comments page 0 of 0
Click here to add a comment
There are currently 0 comments to display.

 

Santa Monica, Oviedo, Portsmouth, New Kensington, Louisiana, Wisconsin, Hayward, Beachwood, Rosenberg, Hickory Hills, Algonquin, Arkansas City, Palo Alto, Bellaire, Richmond, Ogdensburg, Aberdeen, Upper Arlington, East Providence, Maple Grove, Ferndale, Natchitoches, Baldwin Park, Magnolia, Jacksonville, Dana Point, New York, Callaway, Alexander City, The Colony, Corsicana, Benicia, Michigan City, Kerrville, Albert Lea, De Land, Millbrae, Monroe, Glassboro, Rome, Biloxi, Westminster, Lackawanna, Gallatin, Murfreesboro, Dublin, Bridgeton, Lakewood, Biddeford, Sioux City, Waterloo, Pensacola, Wake Forest, Centennial, Kentucky, Moreno Valley, San Buenaventura (Ventura), Michigan, Nevada, Fort Smith, Monroeville municipality, Clarksburg, Maine, Everett, Flower Mound, Montebello, Davenport, Wyoming, Ceres, East Palo Alto, Franklin Lakes, New Hampshire, Idaho, Muscle Shoals, Homewood, Middletown


Annuity Inheritance Tax Explained

By Steven Hart
Buyers of annuities should be aware of the annuity inheritance tax. For example, a recent ruling by a Louisiana appeals court stated that the entire death benefit from a single premium annuity plan paid to the beneficiary named in that plan was subject to inheritance tax because it was part of the deceased annuity owner's estate.
[READ FULL ARTICLE]

Do You Know What Life Annuities Are?

By Frank Rodriguez
Many may be unclear when it comes to life annuities. Here's a look at these popular fixed annuities that are utilized for retirement income.
[READ FULL ARTICLE]

Creative Marketing Annuities - It's All About the Relationship!

By Bill Broich
The Master's Series: The Relationship. Learn from an annuity professional how to build relationship that turn into sales.
[READ FULL ARTICLE]



Annuities Reviews | Annuity Fyi | Tax Shelter Annuity | Deferred Annuity Calculator | Annuity Definition Variable | Amerus Annuity Group