Retirement Watch Weekly
What Is the Required Minimum Distribution for an IRA
The required minimum distribution (RMD) rules limit the extent to which an individual can use the tax deferral of an IRA or other qualified retirement plan. The RMD rules dictate when distributions must be made from the retirement plans of certain taxpayers. The rationale behind the RMD rules is that Congress provided the tax benefits […]
What is the Future Value of an Annuity, and How to Calculate It
Future Value of an Annuity The present value of an annuity is based on the concept of the time value of money. The time value of money means that money is worth more the sooner you have it. Payments that are scheduled to be received in the future are worth less today because of the […]
What is the Present Value of an Annuity, and How to Calculate It
Present Value of an Annuity The present value of an annuity is based on the concept of the time value of money. The time value of money means that money is worth more the sooner you have it. Payments that are scheduled to be received in the future are worth less today because of the […]
What is a Structured Settlement Annuity?
The structure of an annuity can be beneficial in multiple scenarios. Given the versatility of annuities and how advantageous they can be, the concept of an annuity has been adopted in various environments. This article is going to explain the use of annuities in lawsuits, focusing on structured settlement annuities. What is a Structured Settlement […]
What is a Tax Sheltered Annuity?
The primary purpose of an annuity is to provide a guaranteed source of supplemental income during retirement. The various types of annuities have differing stipulations, but all types provide the benefit of ensuring a reliable stream of income. One such annuity is a tax-sheltered annuity. What is a Tax Sheltered Annuity? A tax-sheltered annuity is […]
What is a Grantor Retained Annuity Trust?
If one of the more typical annuity options is not the best fit for you, there are also various types of gift annuities that offer different advantages. One such type of gift annuity is called a grantor retained annuity trust. Continue reading to understand more about grantor retained annuity trusts. What is a Grantor Retained […]
What is a Charitable Remainder Annuity Trust?
Annuities can be complex financial instruments with many moving parts. One of the luxuries that annuities provide is their ability to be tailored to fit the desires of the annuitant. Given the numerous different types of annuities, it is important for potential annuitants to understand all of their options. In addition to a variety of […]
What is a Charitable Gift Annuity?
One of the most advantageous aspects of annuities is that they are highly customizable. Annuity contracts can include specifications that make the annuity fit the personal needs of the annuitant. With such a wide variety of types of annuities, it is crucial for potential annuitants to research all of the options that are available. Keep […]
