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Annuity Rates: Getting The Best Annuity Rates By: Joseph Nikole
It is strongly recommended that one gets the best annuity rates by availing the service of a whole of market annuity broker.(read entire article)(posted on: 2010-12-15)
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Few Wise Words About Lifetime Annuities By: Simon Cronje
Are you looking forward retirement and do you have all your money saved up in saving accounts that give low interest? Then you must be looking forward to an alternative source of income so as to pursue the same standard of life style post retirement. You must be careful not to indulge yourself in any kind of investments that are risky. In such scenarios, an annuity is a perfect solution for you that can provide you with a key to a secured, guaranteed income after retirement.
An annuity is basically a contract that is signed between an insurance company and an individual. The contract mentions that the individual must pay an amount of money on a regular basis within a certain period of time. This is how you get to invest your money. Once you retire from your employment, you start receiving money in the form of regular equal payments from the insurance company for the remaining of your life.
Annuities are termed as complex and difficult as a form of financial vehicle. However, you need not be an expert of finance to grasp the way an annuity works. These are one of the best ways to have a great future. The proper and appropriate combination of annuities can give a good income that eventually comes from your savings. Therefore if you decide to invest in lifetime annuities, here are the following things that you need to take care of:
You must identify the different kind of annuities and then decide on the kind of annuity that suits your requirement. There are a variety of options that depend on different factors like the payout time, liquidation option and the type of investment that you would do. Depending upon the payout timing, you will get deferred as well as immediate annuities. In case of immediate annuity, you would start receiving immediate payments once you invest. In case of a deferred annuity, you will start receiving your payments after retirement.
There are also variable and fixed annuities that are dependent upon the investment types. Fixed annuities give you a guaranteed income and the variable annuities offer returns based on the performance of the market. Depending on the various options of liquidation, there are also annuities available that deal with or without penalties on withdrawal.
There are however certain pros and cons of an annuity. Therefore, it is a wise idea to know and understand them before investing money in it. This minimizes any complexities that are involved in an annuity investment. The advantages of lifetime annuities are:
It provides a regular source of income.
It provides you with a tax free growth on your investments.
Annuities are supported by the state guaranteed funds, which are why even if the insurance company fails to return your payments; your money is not lost.
There are several disadvantages of lifetime annuity which are:
Annuities definitely provide a regular income, but it is of no use if you need immediate cash while in an emergency.
If you withdraw any amount before the maturity of the annuity, that amount is subjected to a tax penalty which might be up to 10%.
Therefore, do a thorough research before investing in lifetime annuities.(read entire article)(posted on: 2010-12-15)
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Increase Credit Score Quickly By: autor
There are several ways to go about increasing your credit score, but only one way to really do it quickly. That is to resolve any mistakes, no matter how small, that may be on your credit report.(read entire article)(posted on: 2010-12-15)
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Benefits Of Public Bank Gold Investment – Eldora Tips By: eldoragold
It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams boiler rooms that you should watch for, and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.(read entire article)(posted on: 2010-12-15)
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Writing A Dispute Letter By: autor
If you find a mistake on your credit report, it can be pretty disheartening. Here your credit score is being affected by something you didn’t even do. However, with the billions and billions of consumers in this country, mistakes are bound to happen. So, how do you fix them? By writing a dispute letter to the credit bureau reporting the error.(read entire article)(posted on: 2010-12-15)
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Fast Payday Loans - Because Your Time Is Most Precious By: Leen Jasen
Fast payday loans offer you the best financial solution for meeting all your unexpected requirements in the shortest time possible. They give utmost importance to the time factor as its always time which is the most precious than anything else.(read entire article)(posted on: 2010-12-14)
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Free Credit Report By Mail By: autor
Requesting a free credit report by mail is fairly simple. You need to download a request form from one of the various reporting bureaus, print and complete the form, then send it off. It should take about 2-3 weeks to receive your credit report this way.(read entire article)(posted on: 2010-12-14)
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Understanding Professional Indemnity Insurance By: Groshan Fabiola
Professional indemnity insurance is a very powerful tool that anyone who works in a service sector can use to protect their business against legal actions(read entire article)(posted on: 2010-12-14)
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Cash Management - Taking Care Of Your Money By: Michael Justice
Today, there are a lot of ways in which you could end up investing your money. Depending on what exactly it is that you are looking out for, you might perhaps want to consider the aspect of seeking some professional help in the form of cash management. It might seem like something that you are not necessarily going to require, but over time, you will quickly realize as to just how important this can be. Without proper guidance, people tend to lose a lot of money, which is unfortunate and can easily be prevented.(read entire article)(posted on: 2010-12-14)
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Kansas City Tax Consulting – Helping You Sort Through Your Tax Mess By: Michael Justice
There are a number of different places that you can go to when it comes to better understanding your taxes. However, one of the places that is considered to be a top choice would probably have to be the Kansas City tax consulting. These guys know how exactly you should fill out your claims and what are the requirements that need to be met for a certain claim to come through. Many people consider this to be something that is truly challenging, which is why you need the professionals to help you out.(read entire article)(posted on: 2010-12-14)
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