People often see annuities as one of the steadier and simpler ways to develop an income stream. However, annuities come in lots of types and pose specific challenges. If you're ready to talk with an annuity advisor about your plans, take these four challenges into account.
Guarantees vs. Growth
Fixed annuities are popular with folks who want to know that they'll have the same income available regardless of the circumstances. The downside to this approach is that it limits the growth potential of the annuity.
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What Does A Business Gain From Third-Party Financial Management Services?
Financial management services sound like a problem a company would like to handle in-house. However, many firms, even large ones, lean on third parties for help with financial management needs. What do these enterprises gain from seeking outside assistance? They often see benefits in these 5 areas.
Cash Flow Management
One of the main goals of any business is to sustain sufficient cash flow to continue operations and seize opportunities as they materialize.
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How Is Personal Investment Advice Different?
In the world of investment advisors, guidance comes in general and specific forms. Likewise, within the specific forms, there are also business and personal investment sectors. If you're looking at personal investment advisors, you might wonder how this guidance will differ from the other types. You can expect the advice to be different due to these 5 factors.
Narrowness
When it comes to general and business investing, a lot of advice works across domains.
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Should Your Retirement Plan Include These 3 Types Of Accounts?
Although it's often spoken of as one single thing, retirement planning actually involves a wide array of different elements. For today's retirement savers, this increasingly includes traditional tax-advantaged accounts, Roth accounts, and taxable accounts. Why should you integrate all three into a more stable retirement plan? Here's what each brings to the table.
1. Tax-Advantaged IRA and 401(k) Accounts
What most people think of as 'traditional' retirement savings accounts actually defer taxes until withdrawal.
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