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Retirement Roadmap: Understanding Annuities (Part 1 of 5) - Ep0601, 2021

⏰ 15-MINUTE NO COST, NO HASSLE, NO-OBLIGATION CONSULTATION Request Your 3-Step Review Series Overview: In volatile, uncertain times, annuities are a financial tool that can add some stability. They can serve as a financial protection and a form of insurance. There are different types and styles, that have different purposes but, a couple things annuities do particularly well (because it is what they are designed to do) is 1) they can protect principal 2) they can protect income 3) they can provide (measured) growth. The specific goals you have for your money would determine which type of annuity you may want to consider. Many savers and investors have a common questions, “What should I be doing with my money?” The answer to this comes in the form of thinking through and defining your answer to another question, “What do you want your money to do for you?” Those have ALWAYS been the questions that we have tried to help clients and podcast viewers/listeners fi

LEGAL CORNER: Does an inherited IRA become community property in the event of a divorce?

Attorney Genia Coleman Lee, with the SWLA Law Center, answers the following questions: Does an inherited IRA become community property in the event of a divorce? If the inherited IRA is rolled over into an account in the name of the heir, and his children are named as beneficiaries, does the wife have to agree? For more Local News from KPLC: For more YouTube Content: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA When it comes to divorce, one of the most complicated issues that couples face is the division of property. This can be particularly challenging if a couple owns different types of assets, such as an inherited individual retirement account (IRA). This raises the question: does an inherited IRA become community property in the event of a divorce? The answer to this question is not simple and depends on the state's