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Their business is to sell insurance to everyone whether they really need it or not. Also, be wary of annuities ... insurance/annuity salesperson. Write a will: Don't leave this world without declaring legally on paper where you want your money to go ...
In particular she says she emphasized the hefty “mortality fees’ and commissions that, in an annuity of this size, can peel off hundreds of thousands of dollars over the years. Variable annuities charge a mortality fee — usually 1.3% a year ...
Out with the old decade, blotched with wars, terrorism and financial collapse, and in with the new. So let me offer today and tomorrow some New Decade's Resolutions regarding you and your money, steps that you should take and stumbles you should ...
Q: I sold an equity-indexed annuity (EIA) to a doctor in August 1996 ... Include dividends, and you’ll get more than your 3 percent figure. The EIA contract would have trailed the performance of some very large, popular and liquid balanced funds ...
Note: You may contribute up to a total of $5,000 for 2008 to either a regular or Roth IRA, or a combination of the two types of accounts.) Roth IRA contributions are not tax ... You may also buy an annuity online. Many online banks sell annuities ...
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