WikiProducers
Editing
Annuity (finance)
(section)
Jump to:
navigation
,
search
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Example: Rolling Over a 401(k) Into an Annuity == Letβs say Maria, age 60, is retiring with $400,000 in her 401(k). Sheβs concerned about: * Losing money in the stock market * Running out of money in retirement * Paying too much in taxes She rolls her 401(k) into a **Fixed Index Annuity** (FIA). Her benefits: * π« **No market loss** β her account is protected from downturns * π **Index-linked growth** β she participates in market gains (with a cap) * π΅ **Guaranteed income for life** β the annuity pays her $2,200/month for the rest of her life * π§Ύ **Tax deferral** β no taxes owed until she begins withdrawals * π **Protection from lawsuits or creditors** β varies by state
Summary:
Please note that all contributions to WikiProducers may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
WikiProducers:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Edit