Archive - September 2012

1
Some Problems With Variable Annuities
2
How Social Security Earnings Limits Impact Total Family Benefits

Some Problems With Variable Annuities

Variable Annuities (VAs) have been very popular for about a decade now, ever since the tech bubble burst. Unfortunately, their popularity may be due to brokers’ commissions of 4 to 8%, and the fact that the benefits are not clearly understood by clients or many of those that sell them. I think their biggest draw is that they have some guarantees, and believe me, sellers tout those guarantees. Unfortunately, those guarantees are not quite what people think they are.

Annuities may seem complicated, especially if you read their prospectuses, but the basic structure is simple. An insurance component provides a …

Read More

How Social Security Earnings Limits Impact Total Family Benefits

As we’ve discussed in the past, there are limits on the amount of earnings that a person can receive while also receiving Social Security benefits, if the person on whose record the benefits are being received is under Full Retirement Age.  But those earnings limits don’t only impact the benefit of the primary receiver of benefits – anyone else who is also receiving benefits based on his or her record will also be impacted by the earnings limits.

How Does This Work?

As you know from the previous article, in 2012 if an individual is receiving wage income in …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login