The coronavirus pandemic has caused a lot of uncertainty. From grocery shopping to social distancing, there’s so much we’re still trying to figure out. And our savings are no exception. If you’re looking for growth you can count on, we have guaranteed contracts that offer interest rates a little better than 3%.
Just because you’re retired or are retiring soon doesn’t mean you have to stop working completely. There are a ton of creative ways to earn extra income in retirement, and a lot of them can be done on your own time at home.
This is one of the most common questions we get asked from both new clients and existing clients: are annuities a good investment?
Annuities are a great, safe way to earn interest on your money, but we get asked this question quite a bit: do you have to pay taxes on annuities?
Some of the nation’s biggest banks offer an interest rate of only 0.01% on your saved up cash. To put that into perspective, that means you earn $10 per year if you have $100,000 in savings. There must be a better way! Hint: there is. Here are 3 smart places to put extra savings.