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>  Get the Highest Guaranteed Returns
>  Receive Stable, Monthly Income forLife
 >  Limit Market Risk & Retire with Confidence
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Most employers will encourage their employees to start an investment scheme while they are still working. They do this by contributing part of your salary to the retirement plan that you choose. For example, someone who works in a non profit organization can invest in either a fixed or a variable annuity. Moreover, businesspersons can also take advantage of these schemes via the simplified employee pension.

FindAnnuitiesHowever, even though an employer participates in these investments the employee has to make the decision either to invest or not to invest. Financial institutions that help in annuity investments include banks, insurance firms and companies in mutual funds. When you invest in an IRA qualifies annuity, you will have the opportunity to choose the different markets within the annuity. For example, you can decide to invest in two different equity portfolios and money market. These different portfolios will require different amounts of your investment. Moreover, you can reallocate your investment many times within a year.

Investing in an IRA qualified fixed annuity has plenty of advantages. One, the schemes have death benefits. This means that you will be able to name a beneficiary in your contract. The beneficiary receives any payment that you may not have received at the time of your death. The least amount of the money that a beneficiary can receive is that which make all the annuitant’s principal paid out. However, most institutions provide the option of buying riders at an extra fee. With such a purchase, a beneficiary also receives all the interests earned by the principal investment. The second advantage with this scheme is that the interest earned is not taxed. Therefore, your investment grows at rate that is higher than it would have if it were taxed.

However, investing in an IRA qualified fixed annuity has annual limits. Therefore, you might want to invest a lot of money but then you find that it is not possible. This limit changes after some years. Moreover, these retirement plans have eligibility criteria, which are the amount of salary that an individual earns and his age. In other cases, some investors usually face some tax deductions on from the money that they invest on these plans. The first group is the people who invest on their own, without their employer’s assistance. Two, there are people whose incomes are less than the deductibility ceiling at their time of investment.

IRS has some restrictions for the IRA qualified fixed annuity plans. Therefore, you should consult with your financial advisor before starting the investment. These restrictions will include the possible penalties, withdrawal age and maximum contributions among others.

In general, these investment schemes are good options for your retirement plans. It is good to know that are gambling with your lifetimes savings. Therefore, even when markets are not performing well, you will still make some interests. Even though saving your money in a bank is another option, your earned interest will be taxed. Considering this with the tax-free annuity plan, it shows that you will make more money when you invest in an annuity scheme. The accumulated money is quite a lot especially for the persons who realize the importance of planning for retirement at an early age.

Other benefits result from these annuities. They include home nursing and terminal illness benefits. Since no one knows when misfortunes can strike, these are worthy benefits. In any case, after retirement, you might find yourself being a loner when the kids are all grown up.

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