Special Report on
Investment for Retirees
Investment for Retirees - Trends
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High fees, low flexibility and 'horrendous' tax treatment make variable annuities less attractive than ever, except to the people who sell them. By Liz Pulliam Weston By all rights, variable annuities should be dead by now. A series of tax cuts seriously eroded this investment's main advantage of tax-deferred gains. Regulators have filed a series of enforcement actions against annuity sellers for unsuitable sales, lack of disclosure and churning. Yet, variable annuities were on pace to post their highest sales ever in 2007, according to industry reports: Sales through the third quarter totaled more than $134 ...
When you are looking for secured, safe, and conventional earning opportunities, it is most beneficial to learn about the different types of fixed income retiree investing choices. This will assist you in determining which types of investments will best serve your purpose and fit your way of living as well. As you approach your retirement years, it’s vital to eliminate or at least lessen the element of risk in your investment portfolio through fixed income investments. These types of retirement investing vehicles can be proficient tools to sustain your financial holdings whatever your age ... Read More
SURVEY RESULTS FOR
INVESTMENT FOR RETIREES
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Economic Report: Planning Your Retirement Series with Greg Gumbel