Timothy Sumer

Many of the concerns people have with moving an IRA or 401k into annuities revolve around misconceptions with how the IRS treats these transfers. As long as these transactions follow some basic rules there should be no additional taxable consequence or penalty. Dick and Eric examine the IRA to annuity transfer process and discuss some of the challenges and misconceptions that they have encountered when speaking with clients. Learn more, click our link above. Full article at Disclosure: Videos are educational and conceptual only and not a solicitation. They are not to be considered investment, insurance, tax or legal advice. It is recommended that you work with licensed professionals for individualized advice before making any important financial decisions. Annuities are not FDIC insured and their guarantees are based on the claims paying ability of the issuing insurance company. State Guarantee Associations, while offering specific protections, are not the same as FDIC in

Don't lose your retirement account because you're all-in the stock market the next time it tanks. Get your free Gold IRA/401k Rollover and gold investing kit here: As the stock market has shown us in the past 2 weeks, the Dow Jones, Nasdaq and S&P500 are anything but a sure thing investment. Dropping almost 3,000 points in 10 days, this has become a wake-up call for intelligent investors and those facing retirement. Other underlying fundamental economic indicators include: *A loss in the US Dollar index (i.e. value of the US dollar) of over 11% in less than one year *Increase in the US Federal debt to 20.6 Trillion *Drop in the purchases of home sales *No real wage increases for American workers *Inability of Federal Reserve to raise interest rates in a meaningful and significant way *Increase in company mergers and the number of company stock share buybacks *Historic All-Time Highs of P/E Ratios (price/earnings ratio) info from: ... ( read more )