The Treasury Department released a report this week announcing that investors will now be able to purchase longevity annuities within their retirement plans. By retirement plans they mean 401k’s, IRA’s, and 403b’s. On this week’s podcast, Tom...
Most investors are pitched on the “advantages of investing in an annuity”, but neglect to find out what happens in the end game. It’s not something pleasant to discuss, but what happens when an annuity owner dies? Tom and Brendan cover this...
One question that is asked a lot when it comes to annuities is, “How is an annuity taxed?”. The scary part is that the investors asking this question already own an annuity sometimes! The main point of this Mullooly Asset Management video is to educate...
It’s pretty interesting to see that so many investors don’t know how annuities are taxed. It’s interesting, but not in a good way. This is something that investors should understand before they get involved, however most learn it after they’re...
Do you already have a variable annuity inside an IRA or are you thinking about buying one? If your answer to either question is yes, you need to watch this video from Mullooly Asset Management because there are some important details you should know about annuities....
