Combine An Annuity Fund With Immediate Payments To Create Your Ideal Annuity Retirement Fund

Annuity retirement packages can provide you with the income you need to keep you in your retirement, and they can help to replace the pension funds on which it is no longer safe to rely.

Only a generation ago, people who were due to retire faced a totally different outlook than people face today. State pensions were often adequate to satisfy very basic needs, and there was usually a good works pension to add to this. Retired people as a whole found it far easier to make ends meet while they were no longer working.

Now, there have been several factors which have mitigated to change that. Inflation has had an inevitable effect on the spending power of any income which comes in from pensions, and the sheer weight of numbers caused by the increase in the average age of the population has meant that there is simply less money to go around. Insurance calculations have to be re-made in the light of the fact that more people are living for longer.

If it is getting more difficult to rely upon a state or works pension for your retirement fund, and it undoubtedly is, then you need to find other ways of securing the income you need. The annuity fund is becoming an ever more popular way of setting this up, partly because of the inherent tax advantages and partly because of the possibilities offered for using the annuity to fund important purchases such as property. If you set it up well, an annuity can effectively pay for your home, and leave you with retirement cash left over at the end.

One point must be made while we are on this subject, and that is that annuity retirement plans do have an inherent disadvantage. They are subject to higher rates of inheritance tax if you want to leave your money to your benefactors and heirs. If you think you are likely to leave a significant sum in your annuity, you would be better advised to invest in life insurance, for at least part of your money.

You can combine you annuity retirement fund with a fund which pays out immediate money, in what is known as a split annuity. The idea here is that the immediate fund brings you money on an ongoing basis, while the deferred fund accumulates tax free in the background.

This should replace the principal and keep the annuity paying money. If you use this system to pay the mortgage on a property, you could find that the immediate payments cover the mortgage, and continue to do so over time. Eventually, the house will be bought and paid for, but the payments will continue from the annuity fund. This can be the perfect way to help fund your retirement.






 

Annuities News:

 

Custom Structured Settlements Ensuring Extra Asset Protection - PR Web (press release)

PR Web (press release)

Custom Structured Settlements Ensuring Extra Asset Protection
PR Web (press release)
Custom Structured Settlements, the leader in no-tax solutions for business scaling and exits, integrates its unique VIP„  Process and CARE„  strategies with state-of-the-art trusts for extra asset protection. EURœWhenever assets are not directly controlled .

and more »
..


Reviewing JG Wentworth (JGW) and JetPay Corporation (JTPY) - TrueBlueTribune

Reviewing JG Wentworth (JGW) and JetPay Corporation (JTPY)
TrueBlueTribune
The Company conducts its operations through two segments: Structured Settlements and Annuity Purchasing (Structured Settlements), and Home Lending. The Structured Settlements segment provides liquidity to individuals with various financial assets, such .

..


Asta Funding (ASFI) Earns Daily News Impact Score of -0.02 - StockNewsTimes

Asta Funding (ASFI) Earns Daily News Impact Score of -0.02
StockNewsTimes
The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing .

and more »
..

OSHA's Volks Rule Controversy - Legal Talk Network - Legal Talk Network

Legal Talk Network

OSHA's Volks Rule Controversy - Legal Talk Network
Legal Talk Network
Alan S. Pierce discusses a measure signed into law this year nullifying the Occupational Safety and Health Administration (OSHA) rule regarding an employer's .

and more »
..


The Blacklist recap: 'Miss Rebecca Thrall' - EW.com (blog)

EW.com (blog)

The Blacklist recap: 'Miss Rebecca Thrall'
EW.com (blog)
Apparently, Scotty grew up in a house full of lead paint that left him with cognitive impairment, so his parents sued and Scotty was awarded a $500,000 structured settlement. But a company called Waterday Financial offered to buy his settlement for an .

and more »
..


Analyzing JetPay Corporation (JTPY) and JG Wentworth (JGW) - The Ledger Gazette

Analyzing JetPay Corporation (JTPY) and JG Wentworth (JGW)
The Ledger Gazette
The Company conducts its operations through two segments: Structured Settlements and Annuity Purchasing (Structured Settlements), and Home Lending. The Structured Settlements segment provides liquidity to individuals with various financial assets, such .

and more »
..


JetPay Corporation (JTPY) versus JG Wentworth (JGW) Critical Contrast - The Ledger Gazette

JetPay Corporation (JTPY) versus JG Wentworth (JGW) Critical Contrast
The Ledger Gazette
The Company conducts its operations through two segments: Structured Settlements and Annuity Purchasing (Structured Settlements), and Home Lending. The Structured Settlements segment provides liquidity to individuals with various financial assets, such .

and more »
..


Council, board decisions await Hilliard voters - ThisWeek Community News

Council, board decisions await Hilliard voters
ThisWeek Community News
Carrier, 47, is a structured settlement consultant for Arcadia Settlements Group. He is completing his first term after his election in 2013. McGivern, 50, is an executive at Molina Health Care and is seeking her third term on city council. She is vice .

..





 

Many, if not all of the links on this website are affiliate links which means that we will be compensated if you choose to buy at some point in the near future. Please accept our sincere thanks for your support.


Technorati Tags: , ,