EPISODE · Oct 14, 2021 · 18 MIN
Episode 41: Introduction to Annuities (Part 1)
from EASE Into Retirement · host Tom Mosley
Annuities are long-term financial contracts between a policy/contract owner and an insurance company. Annuities are insured by the claims paying ability of the insurance company. Lifetime income could be a big positive for an annuity, but there are likely surrender charges and potential tax penalties for early withdrawal of the assets. For more information go to: www.mosleywealthmanagement.com
What this episode covers
Annuities are long-term financial contracts between a policy/contract owner and an insurance company. Annuities are insured by the claims paying ability of the insurance company. Lifetime income could be a big positive for an annuity, but there are likely surrender charges and potential tax penalties for early withdrawal of the assets. For more information go to: www.mosleywealthmanagement.com
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Episode 41: Introduction to Annuities (Part 1)
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