Monday 21 March 2011

How to Ladder Annuities for More Income Than CDs

Retirees who want to count on a reliable income may be better off using annuities than CDs. The advantage of using an annuity over a CD is that a deferred annuity grows tax-deferred, and immediate annuity payouts are only partially taxed. All a CD's income is taxed as earned. Here's a way to take advantage of the annuity's tax break to give you more income throughout your retirement years.

Source: http://EzineArticles.com/6035114

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