
News – Page 4
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AnnuitiesUtah Insurance Commissioner bans Advantage Capital and subsidiaries, citing hazardous financial practices, including a $520M deficit and risky investments. The move protects consumers but…
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Annuities
45 Versus 65: The Best Age to Buy an Annuity
Deciding when to buy an annuity can greatly affect your retirement income. While purchasing early (around 45) offers tax-deferred growth and lower premiums, waiting… -
Personal Finance
IRS Announces New Tax Brackets and Inflation Adjustments for 2025
The IRS has announced tax updates for 2025, including increased standard deductions, inflation-adjusted tax brackets, higher limits for credits like EITC and adoption credits… -
Retirement
2025 Social Security COLA Boost: How Much Will Benefits Rise?
The Social Security Administration recently announced a 2.5% cost-of-living adjustment (COLA) on Social Security and Supplemental Security Income benefits payable for December 2024, favorably… -
Annuities
Why Fixed Index Annuities Make Sense Right Now
Fixed index annuities are rising in 2024 due to market-linked growth, tax advantages and protection against losses. Popular among retirees, they offer steady income,… -
Annuities
Rate Cuts and Retirement: Navigating the New Annuity Landscape
The Fed’s rate cuts are reshaping the annuity market. While some annuity types benefit, others face challenges. Discover how these changes could influence your…