In a 401(k) plan, the balance of the participant’s account will be the amount of retirement income he/she receives. A low-cost 401(k) plan is a little hard to find, but the research will pay off: the few minutes you save every day now can add up to a significant improvement in how much you […]
Tag Archives: Variable Annuities
The wide variety of annuities offered by insurance companies can make this investment product confusing and intimidating. However, most annuities fall into a few categories. Therefore, you can simplify the process of choosing an annuity by first understanding the types of annuities. Immediate or deferred payments The first category of annuities is based on when […]
My parents have been a firm believer in life for as long as I can remember. I remember, even in my teens, calculating the premium payment over several years, looking at the face value and wondering why anyone would bother buying insurance. So you see, life insurance has been an ongoing topic in my family […]