Knoxville based BankEast Corp., which operates in Knox County, Sevier County, Blount County, and Jackson County as BankEast, has recently reached an agreement with the Federal Reserve Bank of Atlanta. [Read more...]
The Equity-Indexed Annuity
September 28, 2008 By Leave a Comment
In the last Annuities post, The Single Premium Immediate Annuity, we learned how that type of annuity pays a stream of income after retirement. Now we’re going to take a look at the Equity-Indexed Annuity. [Read more...]
Understanding Annuities
July 7, 2008 By 1 Comment
An annuity is a type of investment that allows for wealth accumulation – and retention – on a tax-deferred basis. The ability to tax-defer interest earnings is a powerful benefit, and is one of the reasons that annuities have become so popular. Because annuities are able to grow a cash value tax-deferred, they’re perfect for anyone seeking to build savings for retirement. [Read more...]