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Struggling to save for retirement? It's not just about financial circumstances.
New research shows that certain behavioral traits play a huge role in meeting your investment goals. 📈
Curious to learn more? Read our shared article for insights that could transform your approach to retirement planning. https://tinyurl.com/retsavingstips
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Imagine if just one of your retirement income sources could let you live on $100,000 to $1 million a month.
How top execs get a bigger tax break on retirement savings than the rest of us [Video]
The US could default on its debt as early as June 1, and it would result in economic catastrophe. All Congress needs to do is raise the debt
Job Losses, Cuts to Retirement Savings Likely, but Preventable [Video]
costs more than ever, and the old figures aren’t relevant. Here are tips to see if you’re saving enough for retirement. bit.ly/3WIED8i
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Anya is live and ready to show you everything. Watch her strip, dance, and perform exclusive shows just for you. Interact in real-time and make your fantasies come true.
Free to watch • No registration required • HD streaming
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What Is Tax-Deferred Growth?
Tax deferral means not paying federal income tax now, but in the future when you take withdrawals from your retirement savings account like a 401k, IRA, or an annuity. This means that you will be earning interest on money that you would otherwise pay taxes on. Your savings grow faster than they would if your gains were taxed each year. The longer you defer taxes, the better especially if you expect to be in a lower tax bracket during retirement. If you purchase your annuity with after-tax dollars, you will only pay ordinary income taxes on your earnings when you begin withdrawing money (not on your premium payments). Unlike your 401k or IRA, annuities don’t have any government-imposed contribution limits. Because of that, they can often be a good choice if you want to save more than IRAs and 401(k)s allow and still enjoy tax-deferred growth potential. Purchasing an annuity within a retirement plan that already provides tax deferral results in no additional tax benefit. So use an annuity to fund a qualified retirement plan based upon features other than tax deferral, such as lifetime income options or the guaranteed death benefit. Read the full article
