5 years at a yearly interest rate of 7% compounded monthly. The the future value of this annuity , at the end of 5 years is????
Posts Tagged ‘months’
I am 53 years old and made the mistake of putting my savings into an annuity only four months ago. the entire?
23
Mar
I am 53 years old and live in Ohio and made the mistake of putting my savings into an annuity only four months ago. the entire amount is money Ive already earned and paid taxes on it. The amount is $100,000. Now, my health, home, etc are in jeopardy. can I get my money out? I understand there is a surrender fee. what are the steps to liquidating this.
what I really need to know is if I cashed in the annuity and took the huge surrender fee, would the money I get be taxable again as income and would I have to pay a 10% penality to irs for early withdrawal? the money I put into the annuity has already been claimed as income and I paid the taxes and penalities on it last year?
I need a place to invest 100000 for a monthly payout, I retire in 7 months?
21
Mar
I have to take the money out of a 457 plan and put it somewhere. consumer report says Met Life’s annuity is the best one available but is there a better place that I don’t know about
I am 53 years old and live in Ohio and made the mistake of putting my savings into an annuity only four months?
16
Mar
I am 53 years old and live in Ohio and made the mistake of putting my savings into an annuity only four months ago. the entire amount is money Ive already earned and paid taxes on it. The amount is $100,000. Now, my health, home, etc are in jeopardy. can I get my money out? I understand there is a surrender fee. what are the steps to liquidating this.
what I really need to know is if I cashed in the annuity and took the huge surrender fee, would the money I get be taxable again as income and would I have to pay a 10% penality to irs for early withdrawal? the money I put into the annuity has already been claimed as income and I paid the taxes and penalities on it last year?
What is the present value of a five-year annuity; with the first $3,000 payment being made three months from?
06
Mar
What is the present value of a five-year annuity; with the first $3,000 payment being made three months from today, if the required return is 7% EAR? How can I calculate can you show?