Developing a Financial Plan

June 25, 2018

How are the annuity payments taxed?

The tax rates will differ for qualified and non-qualified plans. An annuity that is tax-qualified is one that funds a qualified retirement plan. When this qualified […]
June 25, 2018

How and when do I collect my annuity?

There are a few choices that you have when choosing to collect your annuity. Some people opt for a lump sum, even though it negates one […]
June 25, 2018

What types of annuity are available?

Single-Premium Annuity. This is where the investment is made all at once in a lump sum. Flexible-Premium Annuity. This annuity can be funded with a series of payments. […]
June 25, 2018

What do I need to beware of when investing in an annuity?

You will not be able to withdraw any of the money in an annuity during its tax deferred growth period without incurring large fees. You will […]