Steve Thompson

If you have an annuity or a structured settlement and you want to sell it, or sell off parts of it, there are several things that you will need to be aware of so that you will be prepared for any negative things that could happen during the process. If possible, it’s best to...
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Insurance revenue has made a significant increase in bank holding companies in the U.S. A total increase of 38.5 percent, that is, over $10 billion in 2008 and $15 billion in 2009. Bank holding companies, such as Citigroup, Inc. and Wells Fargo & Company led in total insurance revenue in 2009. They were accompanied...
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The U.S. government has recently realized and given appropriate attention to a serious financial concern regarding the availability of workplace annuities. Nationally, less than 1 in 5 companies operating in the U.S. offers annuity options as part of their 401(K) plans. Reportedly, companies are not able to fully embrace the proven financial safety net...
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For business owners, there is a temptation to invest retirement funds back into the company. After all, investing in one’s own business not only shows confidence in the company, but puts the money to work in practical ways. Such investment has short term gains with seemingly long term benefits, especially since many businesses grow...
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CHARITABLE TRUSTS allow clients to enjoy the rewards of giving and receiving. Basics of Charitable Trusts Items are established by transferring beneficiary properties to a trust. Charity maintains trust agreements for beneficiary. Trustee controls the items within trust to sell, buy, enhance, or increase value for the charitable organization. There are no debates concerning...
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With the American economy still trying to find a way to rebound, there are several avenues people can take to save themselves money. Normally, estates are subject to the estate tax, but there are several ways people can avoid this tax and transfer estates to their spouse, tax free. Throughout this year, 2010, the...
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There are a lot of variable annuity contracts which give “living benefit” guarantees. These are available by paying additional fees and can help shield owners of variable annuities from market uncertainty or running out of money once they retire. If you add a guaranteed minimum withdrawal benefit to a variable annuity contract, this would...
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