| |
| |
|
|
|
|
|
|
Should You Put Your Annuity in an IRA?
Let me start by answering that question...if an annuity fits your investment objectives than there is no reason that an annuity should not go in your IRA. Okay all you smarty pants out there who keep arguing that it is tax deferred and it does not belong in your IRA...SO WHAT??? The fact that it is tax deferred is only one reason why people buy annuities. Now, let me elaborate on my thoughts here. If you are buying an annuity strictly for tax purposes, then it is obvious that an annuity should not go into your IRA. However, there are many great benefits that an annuity can provide for an IRA. For example, fixed annuitiesare provide a safe way to get a return higher than a CD. So if you would put a CD in an IRA, why not a fixed annuity? So you'll already have the advantage of tax deferral but now you get the luxury of higher rates and a safe return. Furthermore, it is one additional way to diversify a portfolio. With a variable annuity (although I am not a fan of) you get a guaranteed death benefit. So no matter whether your annuity goes up or down, the death benefit can never go lower than the original amount invested (less any withdrawals). So there is an advantage that no stock or mutual fund can provide for you. So why wouldn't you use it? The bottom line is that annuities are another type of investment vehicle. Although many professionals argue that they should not be used in an IRA, I believe that they have not fully though about the benefits of an annuity. There are many benefits an annuity can offer and if these benefits match your needs, than I can truly say, it may be appropriate. However, before you invest in an annuity, or anything for that matter, it makes sense to know what's right for your particular situation. Furthermore, it is good to know how annuities really work and which one is right for you. For this type of information, check out "Annuities: The Shocking Truths Revealed," which can be found at http://www.AnnuityMD.com. This book is very informative and tells you what to look out for, which annuity is right for you, questions to ask your agent, and much more. So for those of you who say an annuity is not right for an IRA, I'm sorry but you are wrong. The answer is it depends. It depends on the client's situation and what the client is looking for. If it can be found in annuities, then go for it... Ignorance is not bliss... Tony Bahu is the author of the controversial document, 'Annuities: The Shocking Truths Revealed', which reveals the secrets that the banks and insurance companies don't want you to know. For more information on his document, visit the site below right now!
MORE RESOURCES:
Investing - Google News |
|
|
|
RELATED ARTICLES
Find Your Investing Soulmate on the Jersey Turnpike As a followup to a previous column, "Irreconcilable Differences," I received an e-mail from a reader asking how she could ensure, ahead of time, investment compatibility with a future spouse.Unfortunately, like most issues in life, the direct approach does not work. Retire Dollar Smart Jim Miller is a registered investment advisor. This means that he is not beholden to a particular brokerage or financial institution. Creating Momentum with Options - Pro and Cons of At-the-money, In-the-money, and Out-of-the-money To create momentum in your options trading you need to understand the advantages and disadvantages of at-the-money options, in-the-money options and out-of-the-money options.An at-the-money option has both advantages and disadvantages over stock and in-the-money options. POOF goes your RRIF ! Some time ago I attended a seminar where participants were told to burn some money; a reasonably-sized amount of money. You should have heard the gnawing and gnashing of teeth in that room! Step right up, folks, and light it on fire. Annuity Help Many people today are looking for annuity help. The biggest challenge seems to be that most of the help is biased. Global Markets: A Window on the World Economy Expectations drive the market. Every stock price is driven by what people expect the company to do. Why You Need To Buy and Sell Gold Coins (Part 5) Grading coinsThe condition of a coin is commonly summarized by a grade. Because the value of collectible coins often varies dramatically with grade and overly generous grading is not uncommon, reasonable grading proficiency is an important skill for collectors. Buy: Hold: Sell: Jump I'm sitting here at my computer desk with a cup of coffee at my elbow. The coffee rest in a mug, the mug garnished with the words Buy, Hold, Sell, Jump, vertically along its sides. What is an Investor Ready Business Plan A Business Plan, as all good entrepreneurs starting out in life should know is the foundation, or rather a springboard, towards the establishment and growth of a new business. A business plan is an essential tool for companies raising capital - and your business plan needs to be Investor Ready. Forex market offers opportunity and information The forex market is what is called an international exchange currency market, where currencies are exchanged on a daily basis. There are five forex market centers around the world - New York, London, Tokyo, Frankfurt and Zurich. California Deparment of Corporations and Franchise Opportunities Law What CA Needs To Do To Address Issues in FranchisingWe should not allow anymore degradation of California through incessant over regulations in the franchising sector. No other sector of our economy provides as many jobs as franchising. Why have Investment Plans for the Stock Market If you do not have an investment plan in the stock market you are subject to impulses, urges, hunches, premonitions, strong feelings, greed, panic, fear, indecision, and just plain foolishness. In my opinion, without a plan, without that clear conception of a total stock market investment strategy, the chances of successful investing in the stock market are pretty slim. Wit and Wisdom on Money, Wall Street and Success - Part #2 Here are ten more WISDOM packed GEMS that ooffer very unqiue insights to the world of trading and investing.These quotes promote a philosophy which is readily understandable and sometimes hysterical. Finding the Perfect Company The perfect company - it's the holy grail of the investment world. The company that will make its initial investment hundreds of times over. Chinas Great Missed Opportunity While a U.S. Retirement is Never Urgent Until If you're like many people, your retirement savings have not been growing consistently over the years. We're not referring to the wild fluctuations in the stock market, but rather the fluctuations in our short-term needs. Buying a Home - Your BIGGEST Investment This column has often focused on intangible investments like stocks that a young investor might hold in their portfolio. While these are one of the most important components of an investment plan, it is not the dominant one for most young people. Investing: The Art Of Making Your Money Work For You There is a lot to know about investing. It all depends on what type of investing you are interested in as well. Just what is Arbitrage Investment? In the simplest of terms, Arbitrage means to exploit price differential.Usually it meant looking at differing sources of an investment, and if there was a price difference between Source A and Source B - then the investor / dealer / broker / manager would buy from the lower priced source, and sell on the higher priced source. Expand Your Pool of Investors for Your Company If you own a company that sells complicated products and you want more investors, consider having topics on your web site that discuss the background needed to understand your products and your company. For example, if your company specializes in producing and researching monoclonal antibodies, post articles discussing exactly what monoclonal antibodies are, how they are produced and what research your company is engaged in.
|
| home | site map |
| © BullMarketData.com 2008 |
