The Annuity Expert Blog
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Learn strategies and solutions regarding insurance, annuities, retirement planning, personal finance, and more. Hi, I'm Shawn. I've sold annuities and insurance for more than a decade. At The Annuity Expert, our mission isn't to find you a good solution. Our mission is to find you the perfect solution. I strive to take the guesswork out of retirement planning and finding the best..
The Annuity Expert Blog
5d ago
Investing Your 401(k) in Gold In today’s uncertain market, many people want to protect their retirement savings by investing in assets that historically hold value, like gold. By transferring a 401(k) in-service distribution or rolling over an old retirement account into a fixed index annuity with a gold index, you can diversify with gold exposure ..read more
The Annuity Expert Blog
2w ago
What is the COLA Increase? The Social Security Administration (SSA) recently announced a 2.5% Cost of Living Adjustment (COLA) for next year. While this increase is below the average 2.6% adjustment over the past decade, it is an essential update for many retirees relying on Social Security for a stable income. In this guide, we’ll ..read more
The Annuity Expert Blog
3w ago
What is the Most Common Settlement? A Joint and Survivor option is the most common settlement for spouses, ensuring lifetime payments continue for the surviving spouse. For single retirees, a Life with 10-Year Certain option is popular, which guarantees payments for life, with at least 10 years of payments, even if the retiree passes away ..read more
The Annuity Expert Blog
3w ago
Can A Pension Be Inherited? Yes, a traditional pension can be inherited, but it depends on when the pensioner passes away and the pension plan’s rules. Here’s what happens in each scenario: Before Annuity Payments Start: If the pensioner dies before annuity payments begin, many pensions offer a survivor benefit or a lump-sum payout to ..read more
The Annuity Expert Blog
3w ago
What is Your Tax Bracket When You Retire? When you retire, your tax bracket is determined by your total taxable income, which includes withdrawals from traditional IRAs, 401(k)s, pensions, and any part-time work or investments. The federal tax system is progressive, with rates ranging from 10% to 37%, depending on your income level. State taxes ..read more
The Annuity Expert Blog
3w ago
Are Indexed Annuities Fixed or Variable? Indexed annuities are a combination of both fixed and variable features. Fixed index annuities (FIAs) offer a guaranteed minimum interest rate, much like a traditional fixed annuity or CD, but the opportunity for growth is tied to the performance of a stock market index. These annuities allow you to ..read more
The Annuity Expert Blog
3w ago
In this video, we break down the timeline for receiving money from your Thrift Savings Plan (TSP) after submitting a withdrawal ..read more
The Annuity Expert Blog
3w ago
Thinking about retiring at 55? You might be wondering if you can start receiving Social Security benefits at that age. The short ..read more
The Annuity Expert Blog
3w ago
If you have a 403(b) retirement plan, knowing when to start your Required Minimum Distributions (RMDs) is crucial to avoid ..read more
The Annuity Expert Blog
3w ago
In this video, we break down the key factors to consider when converting a pension to an IRA: The Core Question: Do you prefer ..read more