Ten Things You Should Know About Annuities

When you mention the term, “annuity”, it typically conjures up thoughts of getting a small check in the mail every month from some insurance company. It is viewed as an income. The vast majority, however, of annuities are of the “deferred...

What is Short-Term or PayDay Loans

Short-Term or PayDay Loans Short-term loans, payday loans, and cash advances, these are often frowned upon by some people. Yet there is a large market for these loans. Most advice concerning these loans is not to obtain them, however the fact remains...

How to Create Ultimate Debt Elimination Plan?

Create Your Own Ultimate Debt Elimination Plan The method is simple. 1) Set a monthly amount. 2) Pay all minimum amounts. 3) Pay extra money toward the debt with the highest interest rate. This method will ensure that you pay the least amount of interest...

How to Audit-Proof Your Business

How to Audit-Proof Your Business Police and auditors have one thing in common: they make even the most honest, law-abiding citizens nervous. After all, who hasn’t felt their heart jump at the sound of a police siren close behind them even if they...

Tax Strategies for Home based or Small Business

Tax Strategies for Those with a Home or Small Business These are some tax strategies frequently overlooked by many tax preparers. Keeping up with the many tax law changes that are made each year is quite a job. You can help yourself and your accountant...

Avoid Annuity Tax Problems

Avoid Annuity Tax Problems Millions of investors own retirement annuity accounts but few are aware of the tax implications when the annuity is passed to an heir or beneficiary. A little known tax fact is that income tax on an individually owned annuity...

Annuity Vs. Mutual Funds

Many investors tends to compare  annuities and mutual funds for retirement planning. Considerations include risk tolerance–how comfortable you are with potentially losing your investment–and short- and long-term investment goals. Fees and...

Different Types of Annuities

There are several different types of annuities available for investors. Each one has different features and meets different investment needs. The two major types of annuities are fixed and variable. A fixed annuity offers a fixed rate of return...

Pros and Cons of Variable Annuities

Variable annuities are offered by insurance companies as retirement investments. Variable annuities are similar to mutual funds with some significant differences, most substantially, regular payments after retirement. // Prospectus Insurance companies...

Variable annuities v/s Mutual Funds

Annuities are a type of financial product. An annuity is an agreement to pay the holder (or, in some cases, multiple holders) a certain sum of money on a regular basis until the holder dies. In the United States, they are typically issued by insurance...