EPISODE · Oct 21, 2021 · 15 MIN
Episode 42: Introduction to Annuities (Part 2)
from EASE Into Retirement · host Tom Mosley
With immediate annuities the income flow starts immediately after a single premium purchase is locked in, and likely has no tax penalty for pre 59 1/2 withdrawals. Deferred annuities allow assets to accumulate until needed, maintain your withdrawal options for the future, and can be surrendered or withdrawn but likely have tax penalty of 10% for pre 59 1/2 withdrawals. For more information go to: www.mosleywealthmanagement.com
What this episode covers
With immediate annuities the income flow starts immediately after a single premium purchase is locked in, and likely has no tax penalty for pre 59 1/2 withdrawals. Deferred annuities allow assets to accumulate until needed, maintain your withdrawal options for the future, and can be surrendered or withdrawn but likely have tax penalty of 10% for pre 59 1/2 withdrawals. For more information go to: www.mosleywealthmanagement.com
NOW PLAYING
Episode 42: Introduction to Annuities (Part 2)
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.