Annuities and other income vehicles

I'm living so far beyond my income that we may almost be said to be living apart.

e e cummings, poet, painter and playwright (1894 - 1962)

If you have ever felt that you have assets but not enough ready cash to live on, you may want to think about annuities or another income vehicle, such as bonds.

Annuities can provide income for either now or for sometime in the future. They can also provide a tax benefit.

In addition to annuities and bonds as an income vehicle, there are also other types of income investments.

You may be interested in Bonds as an investment if you desire a steady income. If you are in a high tax bracket, tax-free or municipal bonds may give you the extra income you are looking for, without income tax liability.

I want to learn about Annuities or Bonds now

*Annuities typically have a surrender period. If an annuity is surrendered within this time-frame penalties will apply and could result in loss of principal. Withdrawals prior to age 59 1/2 may result in a 10% penalty, in addition to any ordinary income tax. The guarantee of the annuity is backed by the financial strength of the underlying insurance company.