4 Things You Need to Know Now About Annuities

What You Need to Know About Annuities Annuities are an appealing option for investors because they provide guaranteed income for the rest of your life.(GETTY IMAGES) WITH THE RETIREMENT playing field littered with crushed investments and dreams, the safety ofguaranteed income streams looks more attractive each day. Some annuities can provide such a guarantee. If you ask …

Who Should Invest In An Annuity?

Annuities are best suited those who have maxed out tax-deferred contributions to 401(k) plans and IRA plans. The Internal Revenue Service (IRS) defines the maximum allowable contributions to pretax 401(k) and profit sharing plans, and both Roth and traditional IRAs.  IRA and 401(k) accounts have hardship withdraw money  even it allow you at any time. However, wthdrawls prior to …