Personal Finance Money Tips | The Annuity Expert

The 7 Percent Rule Retirement: Your Ultimate Guide to Financial Freedom

Retirement planning can be a daunting task. With so many investment options, tax implications, and lifestyle choices to consider, it’s easy to feel overwhelmed. However, the 7 percent rule is a simple, people-first approach to retirement planning that can help you quickly achieve financial freedom. This guide will guide you through the 7 percent rule, …

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Today’s Best Credit Union Rates

When it comes to credit unions, there are a lot of things to love. They tend to have lower interest rates on loans and higher interest rates on deposits than traditional banks. This makes them an excellent option for people looking for a more affordable way to borrow or save money. In this guide, we …

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Health Savings Account

Investing in a Health Savings Account (HSA) is an ideal way to save money on taxes and financially prepare for potential medical costs during retirement. In this guide, you will learn the basics of HSA accounts and how they can be incorporated into your retirement strategy! What Is A Health Savings Account? An HSA is …

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How to Withdraw from a CD and Avoid Early Penalties

Certificates of Deposit, commonly known as CDs, are low-risk investments that offer higher returns than a traditional savings account. CD investors earn interest on their deposit for a specified period, known as the term of the CD. However, withdrawing money from a CD before the term ends can lead to an early withdrawal penalty, eating …

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What Is A Blue Chip Stock?

Investing in the stock market can be daunting for many people, especially those just starting. The stock market can be overwhelming with its technical jargon, complex financial statements, and fluctuating prices. However, one term that even novice investors may have heard of is “blue chip stock.” In this guide, we will discuss what a blue …

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How to Make A Million Dollars

We all dream of having a lavish lifestyle, traveling the world, and fulfilling all our desires. One way to achieve this is by having a million dollars in the bank. However, it may seem impossible to many of us. Making a million dollars is not easy, but it’s also not impossible. It requires hard work, …

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IRA vs. CD

Investing is a crucial aspect of financial planning, and it requires careful consideration of several factors, including risk tolerance, financial goals, and investment options. Two popular investment options are Individual Retirement Accounts (IRAs) and Certificates of Deposit (CDs). These investments offer different advantages and disadvantages, and choosing the right one can significantly affect your investment …

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What Does The FDIC Do When A Bank Fails?

As more and more people turn to banks and other financial institutions to manage their money, it’s essential to understand the role that organizations like the Federal Deposit Insurance Corporation (FDIC) play in maintaining the stability and integrity of the banking system. This article will explore what the FDIC does when a bank fails, breaking …

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APY vs. APR: What’s The Difference?

When it comes to personal finance, understanding the differences between APY, APR, and interest rates is crucial. Although these terms may seem confusing, they are essential in determining how much you’ll earn or pay on your investments, loans, or credit card balances. In this comparison, we’ll explore the key differences between APY and APR and …

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Do You Have To Die Before Your Beneficiary Gets The Payout From An Annuity Trust?

Annuity trusts are financial instruments that can provide a steady income stream to beneficiaries over a set period. Therefore, they can be essential to estate planning, mainly when providing for loved ones after you pass away. However, many people wonder whether their beneficiaries will receive the payouts from the annuity trust immediately after they pass …

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