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Annuity & Planing

An annuity is an insurance policy. It can be used by an individuals as part of a personal savings plan, these financial products may also be used by companies. A company that uses an annuity policy normally uses the policy as a retirement plan set up for employees. These plans may be qualified under the Employee Retirement Income Security Act (ERISA)

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Annuity & Planing

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  1. Annuity & Planing http://www.rslfundingllc.com

  2. Annuity • An annuity is an insurance policy. It can be used by an individuals as part of a personal savings plan, these financial products may also be used by companies. • A company that uses an annuity policy normally uses the policy as a retirement plan set up for employees. • These plans may be qualified under the Employee Retirement Income Security Act (ERISA) http://www.rslfundingllc.com

  3. Types Of Annuity Qualified annuity • Qualified annuities are those annuities used inside of a retirement plan that is ERISA qualified. These plans sometimes receive favorable tax treatment on the contributions made to the plan Non-Qualified Annuity • Non-qualified annuities are annuities that are not qualified by ERISA. These plans allow employers to discriminate among employees. The employer decides who receives benefits and who does not. Contributions to the plan are not pretax or tax deductible. http://www.rslfundingllc.com

  4. How To Buy Annuity ? Annuities can prove to be a valuable element in funding your retirement plans. An annuity is basically a contract for which you make an up-front payment. In return, the company selling the annuity promises to pay you regular payments in the future. But you must know how annuities function http://www.rslfundingllc.com

  5. Check out the tax implications Be aware of penalties Put money into the annuity during the accumulation period Choose a beneficiary. Be clear on what the other fees are, such as any mortality and expense risks charges and administrative fees. Work with your tax adviser when considering an annuity. key features http://www.rslfundingllc.com

  6. An annuity is a promise from an insurance company to provide you with Monthly income payments for life. Whether you buy a deferred annuity for the future or an immediate annuity to guarantee lifetime payments right away, you do have the option of cashing it in on the secondarymarket. How To Cash In Annuity? http://www.rslfundingllc.com

  7. Fixed Annuity http://www.rslfundingllc.com

  8. Factors That Influence your Fixed Annuity Renewal Rate http://www.rslfundingllc.com

  9. Annuity Payout Options • There are a few different methods for taking annuity payouts. • Generally speaking, the two most common methods to receive cash payouts are the Annutilization and the Systematic Withdrawl Schedule. • The other is taking a lump-sum payment. http://www.rslfundingllc.com

  10. Contact RSL Funding, LLC National Processing Center Two Post Oak Central 1980 Post Oak Blvd., Suite 1975 Houston, TX 77056-3877 Phone: 800 5436513 Fax: 713 6000066 Toll-Free Phone: 800 5436513 http://www.rslfundingllc.com

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