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5 popular annuities for retirees
Bankrate via AOL· 1 week agoAnnuities are highly customizable and can be structured in many ways, including added lifetime income protection and even a death benefit. Annuities are...
What are fixed index annuities? Benefits, risks and how they work
Bankrate via AOL· 1 week agoIf you withdraw money from an annuity prior to age 59 ½, you’ll get hit with a 10 percent fee from...
Best annuity companies in 2024
Bankrate via Yahoo Finance· 1 week agoThat income can last your entire retirement or a certain number of years. Annuities are tax-deferred, so you won’t owe income tax on earnings until you...
One Way to Lock In High Rates and Avoid Taxes for Your Cash
Barrons.com· 2 weeks agoLooking for a way to lock in today’s high rates and not owe income taxes for years? Consider a...
The pension lump sum ‘emergency’ tax trap that could cost you thousands
The Telegraph via Yahoo Finance· 2 weeks agoBuilding a good pension takes a lifetime of hard work, so ensuring you are making the most of every...
RI's top politicos are making their income tax filings public. Here's what we learned.
The Providence Journal via Yahoo News· 1 day agoHe is also a habitually late filer of both his income taxes and his annual ethics disclosure...
9 Best Retirement Plans for May 2024
GoBankingRates via AOL· 1 week agoPlanning for retirement is an important financial step, and you have plenty of options to choose from when selecting a retirement plan. Understanding how...
What are the implications of taking your pension at 55?
The Telegraph via Yahoo Finance· 1 week agoWhen you come to access your pension, up to 25pc can usually be taken as tax-free cash. Charlene...
How Can I Reduce the Amount of My RMD Payments?
SmartAsset via Yahoo Finance· 6 days agoIn the year that a required minimum distribution (RMD) is due from a 401(k), IRA or other pre-tax retirement account, you’re required to withdraw a...
I won $300,000 playing the lottery but immediately lost at least $88k afterward
The US Sun· 20 hours agoA LOTTERY player has landed a win worth hundreds of thousands but saw a massive chunk of the cash...