Creative Financial Professionals

Articles

Welcome to our research center! We've put together a library of information on important financial topics that we believe you'll find helpful.

Simply click on one of the general financial topics below and you'll find a selection of easy-to-understand information sheets about related financial concepts and strategies. This information is updated regularly to reflect the latest facts, figures, legislation, and economic trends.

Investment Planning

What Is an Annuity?

An annuity is a flexible financial vehicle that can help protect against the risk of living a long time because it provides an option for a lifetime income.

Investment Planning

What Is the Difference Between a Fixed Annuity and a Variable Annuity?

Both fixed and variable annuities could be appropriate options for an individual interested in purchasing an annuity.

Retirement Planning

What Is an Indexed Annuity?

An indexed annuity may provide some upside potential and downside protection.

Retirement Planning

What Is a Traditional IRA?

If you do not participate in an employer-sponsored retirement plan, you might consider a traditional IRA.

Retirement Planning

What Is a 401(k) Plan?

401(k) employer-sponsored retirement plans have many benefits, including that the funds accumulate tax-deferred.

Retirement Planning

What Is a Roth IRA?

Qualified Roth IRA distributions in retirement are free of federal income tax and aren’t included in gross income.

Investment Planning

How Are Annuities Taxed?

One attractive feature of an annuity is tax-deferral but qualified and non-qualified annuities are taxed differently.

Retirement Planning

Why Do People Buy Annuities?

Annuities, an insurance-based financial vehicle, can provide many benefits that retirement investors might want.

Retirement Planning

What Are Annuity Living Benefits?

Living benefits can help protect variable annuity owners from running out of money in retirement.

Retirement Planning

What Is a 1035 Exchange?

A Section 1035 exchange is a tax-free exchange of an existing annuity contract or life insurance policy for a new one.

Tax Planning

How Much Money Can I Put Into My IRA or Employer-Sponsored Retirement Plan?

IRAs and employer-sponsored retirement plans are subject to annual contribution limits set by the federal government.

Tax Planning

What Is a Required Minimum Distribution?

Required minimum distribution is the annual amount that must be withdrawn from a qualified retirement plan/account.

Tax Planning

What Happens If I Withdraw Money from My Tax-Deferred Investments Before Age 59½

Tax-deferred retirement account withdrawals before age 59½ generally trigger a 10% federal tax penalty.