Glenn Daily on Buying Annuities and Why it Might Make Sense to Wait
Glenn Daily is one of the top financial advisors in the country.
Specializing in life insurance and annuities, Glenn is widely...
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Insurance Company
A financial entity that pools risk and provides insurance coverage to individuals and organizations.
Achaean Financial is Proving Innovation is Alive and Well in the Annuity Business
Lorry Stensrud, a seasoned executive turned entrepreneur, is on the leading-edge of retirement income product development with his new Venture Achaean Financial.
Achaean’s Income Plus+ product provides a relatively high level of guaranteed starting income while maintaining both...
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Are there single premium immediate annuities offered direct from A++ rated companies?
Good question.
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How is the value of an annuity calculated once you have started to receive payments in order to determine the IRS required minimum distributions?
Great question.
We are not tax / financial advisors, but will try to provide some information that points you in the right direction and enables you to present good questions to your advisors.
The relevant section of the IRS code appears to be: Treas. Reg. section 1.401(a)(9)-6, Q&A12
Note that there appear to have been some relevant modifications to the IRS code in 2006.
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Is the River Source Variable annuity backed by the State Guaranty Association?
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