Timothy Sumer

Here is a question I hear often – when is the best time to obtain a fixed annuity? By no means is there an exact science to timing as is also true for the amount for a fixed annuity. It is based on your individualized circumstances. And you don’t have to be approaching or in retirement to need a fixed annuity. Let’s learn the different ways and at which time a fixed annuity can be instrumental to you, whether in retirement or not in retirement. So, watch the video till the end to learn when a fixed annuity may be needed for purposes other than retirement. Please Subscribe and don't forget to press the bell, 🔔, like, comment and share. Stay safe and love all. 😍😘 Table of Contents: 00:00 - Introduction 01:13 - Type of Fixed Annuity While In Retirement 01:55 - Types of Fixed Annuities When Approaching Retirement 03:58 - Situation where Fixed Annuities are Right at Any Age 05:56 - What about a Fixed Annuity For Tax Planning? 06:56 - Fixed Annuities

5 Fixed Annuity Features That Will Be Popular In 2023... 1. Accumulation Guarantees Currently: - 3 & 4 Year annuities between 4.90% and 5.00% - 5 & 6 Year annuities between 5.00% and 5.40% - 7 Year annuities between 5.10% and 5.50% - 8-10 Year annuities not as attractive as shorter terms 2. Guaranteed Income Options What is hot: - Interest Only Withdrawals (accumulation values & DB remain steady) - Free withdrawal provision (built in even at higher rates, 5% - 15%) - Immediate Annuities (Single or Joint Lives, period certain for laddering) - Split Annuities (advantage to non-qualified funds and the knowledge of exclusion ratio) 3. Carrier ratings, history and longevity What I feel should be looked at beyond ratings: -Ratings are just a stating point (Be aware of how long a carrier has had a rating) - Check multiple ratings agencies (AM Best, Weiss, S&P, + Comdex) - Total carrier admitted assets (under $1 billion or $10’s of billions) - History (Has the ca

🔴 SUBSCRIBE for more FREE tips: 🤝BECOME OUR CLIENT: Click here to qualify to become a client: Then, I will send you a link to.... 1. Watch our free (60min) Masterclass to ensure Annuities are something you want to commit to. 2. Once you watch the video you will be prompted to apply to become our client. 📲CONNECT WITH US ON SOCIAL MEDIA: www.linkedin.com/in/ccannon DISCLAIMER Charles Cannon makes content available as a service to its customers and other visitors, to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Charlie Munger, the Vice Chairman of Berkshire Hathaway and long-time business partner o

🔴 SUBSCRIBE for more FREE tips: 🤝BECOME OUR CLIENT: Click here to qualify to become a client: Then, I will send you a link to.... 1. Watch our free (60min) Masterclass to ensure Annuities are something you want to commit to. 2. Once you watch the video you will be prompted to apply to become our client. 📲CONNECT WITH US ON SOCIAL MEDIA: www.linkedin.com/in/ccannon DISCLAIMER Charles Cannon makes content available as a service to its customers and other visitors, to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Bond funds have long been considered a safe investment option for those seeking steady r

The Managing Director of SAC Wealth Management Sdn. Bhd. explained some differences between Private Retirement Scheme provided by unit trust companies and the Deferred Annuity Plan provided by insurance companies. Both plans qualify for additional RM3000 tax relief on top of the existing RM6000 EPF + Insurance Premium and RM3000 education and medical insurance premium.... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Preparing for retirement is an essential aspect of financial planning. It involves setting aside a portion of your income in a retirement savings plan that will provide you with sufficient funds when you retire. There are several options for retirement savings, including private retirement schemes and deferred annuities. Private retirement schemes, or PRS, are voluntary long-term investment schemes desi

Free Annuity Calculator Pension Information Here: Roger Walker created RetireCode after spending years of Financial Management and conducting countless Seminars, where people craved the answer to their biggest question, "Do I take the Lump Sum or choose one of the Annuity Options?". Our goal at RetireCode is to help you find what's actually best for you and your family. Check out our Free Pension Training: ... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing When planning for retirement, one of the most important decisions to make is how to receive your pension benefits. There are two primary options: lump sum or annuity. A pension annuity calculator can help you understand the differences between these two options and decide which one will work best for your situation. Lump Sum A lump sum distribution i

To start your retirement planning early, you may consider savings, investment or deferred annuity. A deferred annuity is an insurance product that enables policy holders to turn their capital into a stable stream of income. To learn more about deferred annuity, please visit: ... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As we grow older, retirement planning becomes increasingly important. With changing economic conditions and the uncertainty of government-provided benefits, it's essential to create a secure financial future. One of the most popular and effective ways is to invest in a deferred annuity. A deferred annuity is a contract between an individual and an insurance company where the individual pays an initial premium or a series of premiums, with the intention of receiving a guaranteed income strea

How confused are you when I keep throwing out all of these terms or acronyms for a retirement annuity? See, I just did it again. Well, here it is, a crash course on fixed annuities and a thesaurus for annuity terminology for the annuity types. You can check out this video at any point in time and look at what the retirement annuity term or acronym means. Further down in the description, I will link several videos which will give you more the ‘dictionary’ explanation for the annuity types. Table of Contents: 00:00 - Introduction 01:01 - Retirement Annuity 01:58 - Guaranteed Income Annuity 02:13 - Longevity Annuity 02:30 - Tax Deferred Annuity 02:59 - Immediate Annuities 03:36 - Deferred Annuity 04:32 - Deferred Income Annuity 05:04 - Qualified Longevity Annuity Contract 05:59 - Multi Year Guaranteed Annuity 06:33 - Fixed Index Annuity Watch the video till the end to learn why a fixed index annuity is classified as a fixed annuity! Please Subscribe and