Comments on: Immediate Annuities Pros And Cons http://amateurassetallocator.com/2010/06/15/immediate-annuities-pros-and-cons/ Amateur Asset Allocator Fri, 10 Feb 2012 18:16:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Lump Sum Annuity http://amateurassetallocator.com/2010/06/15/immediate-annuities-pros-and-cons/comment-page-1/#comment-9979 Lump Sum Annuity Wed, 04 Aug 2010 10:31:09 +0000 http://amateurassetallocator.com/?p=5110#comment-9979 it's really Nice article on Annuity,have some very good points in addition to this i want to discuss some more points regarding Annuity ::- 1. It is just and natural that every employee saves some money for his future.He has to invest these savings so that after his retirement,he gets some money every month which he can use for his day to day needs. 2. Annuities can be structured in a number of ways; varying accumulation period, length of income payments and other factors. 3. Annuity payments are taxable payments. On each monthly payment you receive you will be held responsible for paying a tax on it. 4. Ways to sell annuities : 1.Other pension. 2.Security for a loan. 3.Big purchase. it’s really Nice article on Annuity,have some very good points in addition to this i want to discuss some more points regarding Annuity ::-

1. It is just and natural that every employee saves some money for his future.He has to invest these savings so that after his retirement,he gets some money every month which he can use for his day to day needs.

2. Annuities can be structured in a number of ways; varying accumulation period, length of income payments and other factors.

3. Annuity payments are taxable payments. On each monthly payment you receive you will be held responsible for paying a tax on it.

4. Ways to sell annuities :

1.Other pension.
2.Security for a loan.
3.Big purchase.

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