Errol Baddoo

There is not a person on the planet who does not wish that they were making more money. We would all like to build our income if possible, but many of us are uncertain of how to do this. One way that this can be done is through investment in annuities. An annuity is...
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This Wednesday, the US Treasury department announced that it would auction off over thirteen million warrants for stock in the Lincoln National Corp. These annuities would be made available with a minimum bidding price of thirteen dollars and fifty cents. The Treasury announced that this auction would start at eight in the morning by...
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The decision to retire is never easy, but deciding where to retire can be even more difficult. There are a number of factors to consider when deciding on the best place to retire such as: economic health, life expectancy, crime rate, and climate conditions. Many retirees are finding the best places to retire in...
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A.M. Best recently upgraded its prognosis for rating the annuity and life insurance sector in the Unites States from negative to stable. They further explained that this improvement will occur because perceived economic growth will be combined with continuing elevated impairments. The ratings service also noted that for nearly two years it had taken...
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A new study conducted about retirement plans offered by companies found that a majority of small businesses do not offer this option, nor do they intend to in the future. Another study, conducted by the Annual Transamerica Retirement Survey, found that companies that do offer retirement incentives are very leery about changing their current...
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Get Income for Life & a Tax Write-Off If you like the idea of helping others while still helping yourself, a gift annuity might be exactly what you’re looking for. These annuities, also known as charitable annuities, give a donor an income for life, along with tax benefits. Charitable annuities provide the same income...
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In an effort to stimulate the economy and loosen funds to spur small business loans, President Obama signed off on H.R. 5927 making it Public Law Number 111-240. The bill was made law on September 27, 2010 just four short months after being sponsored by Representative Barney Frank. In addition to the primary purpose...
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There is a new bill in the House and if it gets passed there will be good news to some. The passing of the bill would mean that you could get a tax break by turning some of your savings from retirement into a lifetime annuity. The Retirement Security Needs Lifetime Pay Act (H.R....
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