Assets, an online resource for financial planning, has released a guide to deferred and immediate annuities as part of a retirement strategy.
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The recently announced guide covers the basic principles of immediate and deferred annuities, as well as contribution limits, tax advantages, and death benefit provisions.
More information can be found at https://assets.net/why-would-a-deferred-annuity-or-annuities-due-be-preferred-as-a-retirement-investment
The new Assets guide is aimed at people who may be approaching retirement and who wish to explore annuities as part of a comprehensive retirement plan for a secure financial future.
A recent report from Forbes shows that annuities can be a beneficial way to guarantee a regular source of income in the retirement phase of life, as it functions as a long-term investment vehicle that delivers payouts when a person stops working. The Assets guide to annuities helps people understand why this type of arrangement might make a good addition to their financial portfolio. “Retirement investments can be tricky, so understanding the basics of annuity payout options and accumulation is worth your effort,” explains a company representative. “We help you learn the difference between different types of annuities so you can decide whether an immediate or deferred annuity offers the right balance between protection against market fluctuations and steady growth over time.”
The guide covers the differences between fixed deferred, variable deferred, index deferred, and “straight life” annuities, noting that investors have the option to postpone regular payments, thereby allowing capital to accumulate and grow over time, or start receiving payouts immediately.
Readers will also learn about why a deferred annuity is generally preferable to an immediate type, as the former offers several advantages, such as the possibility for unlimited contributions, tax reductions, and death benefit provisions that can assist a person’s family.
The Assets team also explores some practical areas in which a fixed deferred annuity might be useful for retirees, such as paying for long-term care, nursing homes or assisted living facilities, home health aides, medical equipment, and health treatments.
In addition to the guide on annuities, the Assets team answers a wide range of questions regarding retirement planning, with information available on a range of related topics, like tax laws by state, how to manage IRAs and 401 (k) plans, and step-by-step instructions on how to build a retirement investment portfolio.
Interested parties can find more details at https://assets.net
Contact Info:
Name: Scott Hall
Email: Send Email
Organization: Assets
Address: 60 W 23rd St Suite 638, New York, NY 10010, United States
Website: https://assets.net/
Source: PressCable
Release ID: 89114558
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