Browse by Categories - AssetBuilder Inc. - Registered Investment Advisor

Register | Sign in | Contact Us

AssetBuilder Inc, - Registered Invesment Advisor - Simple Investing Smart Future

in

All Categories » Variable Annuity Watch » Q&A (from print) (RSS)

Call Us	Email Us	Need Help?

Browse All Categories

All Categories » Variable Annuity Watch » Q&A (from print)

Article
14
May 08

Immediate Annuities Can Be a Useful Tool

By Scott Burns Q. I wonder if single-premium immediate annuities (SPIAs) are for me. I am 75. My wife is 73. We have no debt, $850,000 in IRAs (mostly in the American Fund family) and $150,000 in a ROTH, again with American. We also have $150,000 in CDs and money markets in taxable accounts. We live...

Posted to Registered Investment Advisor (Weblog)

Article
02
May 07

It's Important to Know Your Tax Bracket

Q. We have three variable annuities that have matured. We have been advised to consolidate (total of $325,000) to one variable annuity. First, how can we get out of these annuities with minimum tax consequence? If we have to start a new annuity, should we consider Fidelity or Vanguard for lowest cost...

Posted to Registered Investment Advisor (Weblog)

Article
11
Apr 07

Don't Grieve Over Not Maxing-Out Plan Contributions

Q. I am a 49-year-old engineer working at a large consulting firm. Our company has a high percentage of highly compensated employees and has limited pre tax contributions to 9 percent of gross income. In my case, this is $4,000 short of the allowable annual pretax limit of $15,500. They include Roth...

Posted to Registered Investment Advisor (Weblog)

Article
07
Mar 07

A Tough Decision about a Variable Annuity

Q. We have an annuity with John Hancock. In the nearly seven years we have had it, we have received no dividends from it. It is divided into 47 percent T. Rowe Price Equity Income, 12 percent T. Rowe Price Blue Chip Growth, and two other funds. We contributed $72,888. It is now $72,648. The annuity has...

Posted to Registered Investment Advisor (Weblog)

Article
17
Jan 07

Annuities: Some Are Useful, Some Not.

Q. In a recent column you said that "one of the best ways to deal with uncertainty is to turn a portion of your portfolio into a life annuity." But in the next Q&A you said, as you often do, to run fast from annuities. Why the advice to buy in the first question and to run in the second question? --...

Posted to Registered Investment Advisor (Weblog)

Article
13
Dec 06

Take More From Your Nest Egg As You Age

Q: You have often cautioned against withdrawing more than 5 percent a year from retirement funds. Would you modify this rule of thumb for someone who retires later, such as age 75 or 80? In the case of required minimum distributions from IRAs, a person deferring retirement could take the RMD and invest...

Posted to Registered Investment Advisor (Weblog)

Article
01
Jun 06

You Know You Are Rich When...

Q. Your recent series on financial planning was interesting, but I still don't know the answer in my own case: "How much is enough?" I'm always trying to find the answer. What are your thoughts on this? ---B.S., by email from 940 A. My all-time favorite answer came from a reader: "You know you are rich...

Posted to Registered Investment Advisor (Weblog)

Article
02
Feb 06

Worry, yes, But Don‘t Overdo It

Q. A recent article suggests that incoming Federal Reserve Chairman Ben Bernanke faces quite a challenge: "a housing-bubble-triggered consumer recession and deflation, exacerbated by foreign flight from the dollar and bonds." How should that affect my investment decisions? ---D.C., by email from Dallas...

Posted to Registered Investment Advisor (Weblog)

Article
28
Aug 03

Not To Worry, There Are Alternatives to Employer Plans

Q. I am a health care worker who is about to take a job with a small non-profit hospital. They offer a variable annuity through VALIC. I am concerned about taking this job because I have heard such negative reports about variable annuities, especially if they are your primary source of retirement savings...

Posted to Registered Investment Advisor (Weblog)

Article
22
May 03

Shop and Think Before Buying An Immediate Annuity

Q. I am an 85-year old widow. I recently sold my house and am moving into an independent living facility, which will cost $2,000 per month. From the sale of my house, money market funds, value of equities, life insurance proceeds and cash, my total worth is close to $270,000. My Social Security benefits...

Posted to Registered Investment Advisor (Weblog)

Page 1 of 2 (17 items) 1 2 Next >

Contact Us | Code of Ethics | Privacy Policy | Site Feedback | Disclosure Information | ADV Part II | Press Room

Copyright © 2007 - 2008, AssetBuilder Inc - DFA Advisor. All Rights Reserved. View our Terms & Disclaimers.