by Katie Benson Let's Talk About Annuities.com As we enter 2024, it's essential to gear up for the inevitable changes to the tax code. Although 2023 didn't witness sweeping federal tax reforms, the IRS has made certain adjustments for the 2024 tax year that will impact income tax brackets, standard deductions, retirement contributions, and [...]
by Katie Benson Let's Talk About Annuities Annuities, increasingly popular financial instruments whose roots date back to ancient Egypt, have evolved to the extent they are now a crucial component of modern retirement planning. In such a volatile economy that's often hostile even to those who plan well, more retirees and those about to retire [...]
"It's always something…" Roseanne Roseanna Danna (Gilda Radner) by Katie Benson Let's Talk About Annuities.com It doesn't take the end of the world to upend your life. From hurricanes, floods, and earthquakes to manufactured economic disasters, the world is plagued by the unknown and rocked by the unexpected. Financial preparation, then, is less of a [...]
By Katie Benson Beginning in 2022, the United States witnessed a significant uptick in the sales of annuities. Annuities became a desirable asset due to heightened volatility in the equities markets and increasing interest rates. LIMRA (The Life Insurance Marketing and Research Association) says that total U.S. annuity sales in 2022 soared to over $310.6 [...]
"When you pass away, do your Social Security checks go away too?" If you're like most people, you're dreaming of the day when you'll no longer have to spend hours sipping lukewarm coffee during horrific commutes, when you can finally kiss your job (and maybe your boss) goodbye and enter your golden years. If so, [...]
With an estimated 70 million retirees expected by the end of 2030, the challenges and disparities in retirement savings and financial advice have become increasingly evident. Women, in particular, face unique retirement challenges, often lagging in savings and encountering obstacles in accessing quality financial advice. Several external factors contribute to the retirement disparities faced by [...]
Authored By Katie Benson, Let's Talk About Annuities In the 21st century, retirement is undergoing a significant transformation, shaped by various factors, including economic uncertainty, high inflation, and changing societal attitudes. -Katie Benson by Katie Benson For many people, the traditional notion of retiring at a fixed age and enjoying a life of leisure has [...]
Annuities are an often misunderstood but highly beneficial tool for retirement planning- Katie Benson by Katie Benson Although individuals and businesses have used them for centuries, annuities have gotten a bad rap recently. This tarnished reputation has likely arisen because of how annuities are marketed and sold by overzealous agents. Yet, when a company creates [...]
Authored By Katie Benson With their promises of financial security and regular payouts, income annuities may be an attractive option for retirees. However, the ideal age to purchase an annuity isn't the same for everyone. Younger individuals may not reap the same benefits from income annuities as their older counterparts. In this article, we'll discover [...]
Authored By Katie Benson, Let's Talk About Annuities Looking around, you can easily see that design is an inherent feature of the universe, often concealed until our awareness unveils its presence. Design is resident in the grandest entities we encounter and also in the minutest details of our world. It manifests in bottomless ocean canyons [...]
