Equity Indexed Annuities is an evolution of fixed annuities and variable annuities, allowing the client the benefits of both. The equity indexed annuity provides the same security as the fixed annuity in that the client principle is guaranteed against loss, there is no market risk. However, the equity indexed annuity differs from the fixed [...]
In a previous post, we discussed IRS Rule 72t “equally substantial distribution” which allows for early withdraws from your retirement savings program like an IRA or 401k / 403b employer sponsored retirement savings plan. The 72t rule allows for these early withdraws (prior to age 59 ½ ) without the 10% penalty. IRS age 55 [...]
The IRS rule 72t “equally substantial distribution” provides a means to access retirement savings that are currently in a 401k, 403b, or IRA retirement savings plan prior to age 59 1/2 without incurring the 10% penalty. Here is how it works. If the money you would like to access is in a 401k or 403b [...]
This morning I read an article in Moneynews.com written by award winning journalist Arnaud de Borchgrave. His article titled “U.S. Economy Faces Severe Risk”, in De Borchgraves article he sites America’s dependence on foreign loans that average between two to three billion dollars a day! And the fact economist are warning that many states including [...]
I have completed the first three chapters of Aftershock, Protect Yourself and Profit in the Next Global Financial Meltdown by David Wiedemer PhD, Robert A. Wiedemer and Cindy Spitzer. The more I read the more impressed I am with their delivery in this book. I have heard many compelling reasons from financial analyst, investment advisors, [...]
Pension Protection Act, Ed Slott This short personal interview with Ed Slott shows just the degree of benefit that comes from working with a top advisor. This information on the Pension Protection Act could literally save hundreds of thousands of dollars in income and estate taxes or more, Ed Slott’s quick presentation gives us a [...]