Category Archives: Annuities

Take Some Chips Off the Table and Add Them to Older Income FIAs

Published on May 17, 2021

It’s a great time to purchase or add funds to fixed income annuities as part of an overall retirement income plan given the continued escalating stock market highs.

5 Lifetime Valentine’s Day Gifts for Your Spouse

Published on February 11, 2020

Here are five unique ideas that are designed to benefit you and your spouse over your lifetime. A word of caution: Brush up on your presentation skills since each one will likely be met with dead silence and/or outrage depending upon your spouse.

Uneasy About the “A” Word? You’re Not Alone

Published on May 14, 2019

When presented in the context of retirement income planning, fixed income annuities have proven to be the most appropriate and natural commercial solution for providing sustainable lifetime income.

Leverage Your Assets for Retirement

Published on December 18, 2018

When you buy a house, typical financing is a mortgage equal to 80% of the purchase price. This enables you to purchase a much more expensive home than you would otherwise be able to do without the mortgage. The goal is to increase your equity in the property over time through a combination of paying down the mortgage and appreciation.

Retain Your Gains with Fixed Index Annuities

Published on October 30, 2018

Some nerves were recently rattled when the Dow Jones Industrial Average (DJIA) declined 2,052 points, or 7.6%, in six trading sessions, going from a high of 26,952 on October 3rd to a low of 24,900 on October 11th. The loss increased to 2,830 points, or 10.5%, when the DJIA hit a low of 24,122 yesterday…

Protect Against Elder Fraud with Fixed Income Annuities

Published on June 12, 2018

An important, although unplublicized, benefit of fixed income annuities is protection against elder fraud.

The Perfect Storm for a Tax Credit Longevity Annuity Plan

Published on November 7, 2017

A Tax Credit Longevity Annuity Plan, or TCLAP, would create tax-favored private pension plans while also providing for long-term care benefits.

Are You Using This Tax-Favored Sustainable Income Strategy?

Published on June 27, 2017

If you have a sustainable income need and it isn’t immediate, one or more nonqualified deferred income annuities can provide a unique tax-favored solution.

Replace Unpredictable RMDs with Secure Lifetime Income

Published on April 4, 2017

Fixed income annuities can be purchased in retirement plans to provide sustainable lifetime income that can better meet one’s retirement needs than unpredictable and fluctuating required minimum distributions, or RMDs.

Is Cognitive Impairment Part of Your Retirement Income Plan?

Published on February 14, 2017

The basic purpose of a retirement income plan is to develop tax-efficient strategies that are designed to provide predictable income streams to meet an individual’s or family’s financial needs during different stages of retirement. A comprehensive plan should also include provisions for addressing potential life-changing experiences. One such event that’s generally associated with the latter…

Income-Proof Your Aggressive Portfolio

Published on January 31, 2017

With the Dow Jones Industrial Average (DJIA) crossing the elusive 20,000 barrier last Wednesday for the first time, a lot of people are excited about investing in the stock market. Never mind the fact that the DJIA has tripled in price from its low of 6,470 on March 6, 2009, increasing at a mind-boggling average…

The 401(k) Unlevel Playing Field

Published on August 9, 2016

With the Summer Olympics in Rio de Janeiro underway, sports are on my mind. There’s an unlevel playing field in the retirement planning world. Forgetting about defined benefit plans which are in a league of their own, 401(k) plans are the clear favorite for employees who want to save for retirement. 401(k) participants enjoy a…

Period Certain is Cheap Insurance on SPIAs and DIAs

Published on July 19, 2016

Single premium immediate annuities (SPIAs) and deferred income annuities (DIAs) are often used to provide sustainable lifetime income to replace a portion of employment income in retirement. Both are tax-favored when nonretirement funds are used to purchase them since a portion of each income payment is a nontaxable return of principal. The primary difference between…

Income Rider is Everything When it Comes to FIAs

Published on April 19, 2016

When I think about and evaluate insurance riders for my clients, I look at the potential value my client will receive from adding one or more of them to a particular insurance contract. Insurance riders are optional benefits that aren’t included in the basic policy that may be purchased at additional cost. A rider typically provides…