Money Article Library LOGO spacer.gif - 1kb Top Commissions, Great Re-orders, Best Support & Promotions

Home | Retirement & Estate Planning | - Buying Annuities

The World's Perfect Global Home-Based Business
Unbeatable 80% Re-Order Rate Makes the Perfect Home-Based Business. Top demonstratable products in 5-Mega-Profit Industries, World-Class Training, Free Website, Huge Commissions, Bonuses, Travel, Cars. Top Support Team & LEADS Program... CLICK HERE FOR FREE DETAILS!


Retirement Annuities - Enhance your Financial Support through Fixed Annuities

By: MikeAnderson

Annuities facilitating a secured financial future are considered as one of the most essential tools of retirement planning. With Retirement Annuities coming up as the finest alternative to other financial plans like, individual retirement accounts (IRA’s) and 401K plans, securing your financial future on your own terms is no longer a difficulty. However, to avail the maximum benefits of this particular financial scheme, it is advisable that you opt for Fixed Annuities. The fixed annuity scheme is known to be wonderful option of reaping the best benefits of annuities designed for retirement period.

Let us gain a comprehensive knowledge and a general overview concerning Retirement Annuities and benefits offered through Fixed Annuities on your retirement income-

What are Retirement Annuities?

This particular annuity plan is designed specifically for the retired individuals. It functions in similar way to the standard annuity plans. The plan of retirement annuity revolves around the basic idea of contributing a certain amount to the insurance company in exchange to obtaining the sum of money over specific periodic. This period of receiving money can vary on the line of being, quarterly, monthly, or yearly. This particular plan gains an edge over standard annuities on the line that, you can fund it with pre-tax incomes.

What are the Pros and Cons of Retirement Annuity?

Retirement Annuities, being an investment option focusing on financial transactions are benefited through a number of advantages. Likewise, being a financial investment tool, this plan also features certain risk factors to it. The trick is to understand the subject well before moving on with the investments. Here is a quick glance at the pros and cons of the plan -
Retirement Annuity – The Pros
Benefits are guaranteed through the income plan
Tax deferred growth of income growth in the account
No limits, as into other retirement financial plans - 401k or IRA
Offers lifetime payment choice, as in to offering income throughout your living
Retirement Annuity – The Cons
Rates are high
Not liquid enough in emergency situations like, 401k or IRA
You need to pay a surrender fee on early withdrawn or cancellation of account

What are the Taxation Terms of Retirement Annuity?

Retirement Annuities though comes with a tax deferral plan features a number of hidden clauses attached to it. Before finalizing your deal, you need to gain a comprehensive knowledge on its tax-deferral policy. The catch lies in deferment of taxes on the earned income until it is withdrawn. After, you are done with your initial withdrawal; the income is taxed according to the policy of income tax.

Fixed Annuities – A wonderful Choice of Retirement Annuity

Fixed annuities are referred to as the best option available in the market of plans concerning retirement annuities. The annuity plan that revolves round the fixed plan ascertains a steady growth in investment. However, this regular investment growth can get affected on termination of the plan. It is advisable that to come to terms with the best-fixed plans for annuity offering high rates, always shop during enhanced interest rates.

Article Source:

Mike Anderson is a business consultant who has good information on fixed annuities and retirement annuities. For more information visit


Please Rate this Article


Not yet Rated

Click the XML Icon Above to Receive - Buying Annuities Articles Via RSS!

More of our Article Directories:
AWeber - Email Marketing Made Easy


The World's Perfect Global Home-Based Business
Unbeatable 80% Re-Order Rate Makes the Perfect Home-Based Business. Top demonstratable products in 5-Mega-Profit Industries, World-Class Training, Free Website, Huge Commissions, Bonuses, Travel, Cars. Top Support Team & LEADS Program... CLICK HERE FOR FREE DETAILS!

The owner of this website is an affiliate/advertiser for providers of products and/or services listed on this website and may receive compensation if you purchase those products and/or services. All referrals are made in good faith for sources believed to be credible and that offer good value. In all cases the decision to purchase, or not to purchase, should be made after performing your own due-diligence on the efficacy and suitability of the product or service being offered. By clicking on product/service links on this website you agree to hold this website's owners harmless in the event the product/service is found to be unsuitable for any reason. All claims for refunds must be made to the supplier/vendor of any product/service you purchase from any link on this site..

Public Disclaimer For All Users :

All articles in this directory are the sole property and opinion of the author. Author's assume all responsibility for any claims, or opinions, voiced in their articles. No article in this directory is intended to provide any legal or professional investment advise. Articles are written for entertainment and educational purposes only. Readers should, in all cases, consult a licensed professional before taking any actions with regard to money management, investments, business opportunities, etc.

This directory, it's web site developers, internet providers, web hosts, and designers accept no responsibility for any information in this directory. By submitting to this article directory, all author's agree to "defend and hold harmless" all individuals and companies associated with this director, in any claim or cause-of-action brought to any court of any jurisdiction, against them as a result of publishing and archiving the author's articles and information.

Powered by Article Dashboard