Providing for heirs: are annuities the best way?

Article Abstract:

Elderly persons often set annuities or retirement accounts to provide their beneficiaries with financial assistance which they can use for their future. However, annuities are subject to taxation and could cost the beneficiaries thousands of dollars in income taxes.

Evaluation, Annuities

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Timing IRA withdrawals can cut your taxes

Article Abstract:

Retired persons can avoid taxes on their Social Security benefits by making staggered withdrawals on their retirement incomes. The money that is withdrawn should be large enough for a year's expenses while keeping below the taxable minimum of $25,000 a year.

Taxation, Pensions, Social security beneficiaries

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Is selling your home a smart retirement-savings strategy?

Article Abstract:

Young people should plan for their retirement to assure themselves of financial security in their old age. They should acquire assets and investments and spend their money wisely.

Aged, Elderly, Analysis, Planning, Retirement planning

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