or the annuity?
BQ: Where would you put it? Money Market? Stocks? Banks are only insured up to $250,000.00 per account so where do people with that much money put their cash?
or the annuity?
BQ: Where would you put it? Money Market? Stocks? Banks are only insured up to $250,000.00 per account so where do people with that much money put their cash?
I have an annuity that my mom made for me when I was younger…I am 18 years old now and was transferred into my name with no guardianship of the account…. Now I am wondering how to take money out to pay for my first car. I know about the penalty fees and what not
For those who don’t know, annuity is the lottery jackpot split up into 26 annual payments. The cash option is usually a lil less than half of the jackpot, but you get it in one lump sum.
what turns you on more
aggression or submission after resistance
After reading about buying term and investing the difference, I found out that I can save hundreds of dollars a month by buying a 30 year term policy and get more coverage. With the money I saved, it gives me options on what I can do. Besides investing it, I can also pay a little more into my debt payments.
I have about $32k in the cash value, after surrender charges, its $28k. I want to get the most out of my money, but not sure what to do. I can’t put it all in my Roth IRA. I don’t want to save it in my bank account since I only get 0.75% interest on it.
My mother and father passed away and my mom had set up a fixed annuity with Genworth Financial. I am wondering how long it will take for that payment to get here (I sent the paperwork in last Tuesday) and get processed. Any idea?
I have a check from Prudential Insurance Company for and annuity account and its for $111,000.00. I want to know how long it would take for that check to clear at Beneficial Bank.
Funds are Not tied to an annuity. They are just in a money market account right now. I just wasn’t sure if once I started taking out money if there was some requirement that I had to take a distribution every year thereafter. I’m over 59 1/2 and under 70.
Thank you all for your answers. I would give you all ‘best answer’ if I could but have to go with the person who answered first.
My husband ran up at least 2 hundred thousand dollars in debt with out my knowledge while trying to keep his business afloat. 100 thousand with the irs!!!! am I liable? Luckily when he started being secretive and forging my name to withdraw money from his annuity, I
I started to file my taxes married but separate. I talked him into putting our home in my name only. I want to sell it and pay off some of our equity line of credit. I had know Idea he owed all this money to family friends and the irs. he refuses to quit this business and get a job cause he says that at 53 years old he can’;t get a job and that his business will be fine. he won’t go to counseling, I am sick and cant hold this up much longer. what are my rights what can i do. I don’t want to lose everything.