Annuity Withdrawals Everything You Need to Know

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  • Опубликовано: 9 янв 2025

Комментарии • 18

  • @neryragno5289
    @neryragno5289 Год назад +1

    Great inforation Stan as always, your so full of,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Knowledge!!! REALLY

  • @georgek.8134
    @georgek.8134 Год назад +1

    On your website I am looking for information about “Immediate Deferred Annuities “ which allows me to set the start date for the income stream to start. Starting sooner than 2 or 3 months.

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  Год назад

      I believe you are looking for a SPIA quote! Here is the link below:
      www.stantheannuityman.com/annuity-calculators/spia
      If you have any questions, don’t hesitate to book a call with me:
      www.stantheannuityman.com/book-a-call/

  • @Blublod
    @Blublod Год назад +1

    Great content Stan. You really do a great job explaining things. I have a variable annuity with Brighthouse that I’ve had since 1998, and now that I’m past the 59.5 point I thought to either annuitize it or roll it over to an IRA. But apparently I can’t rollover to an IRA, which really surprised me. I am told that my only options are to annuitize or do a 1035 exchange to another annuity. What would you recommend in this scenario? If I do an exchange what product makes sense?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  Год назад

      Thanks for watching! For me to give you an answer about your specific situation, please feel free to book a call with me!
      www.stantheannuityman.com/book-a-call/

  • @yogaqueen319
    @yogaqueen319 11 месяцев назад +1

    What is the penalty on a fixed interest rate annuity if you take all money out before the guarantee term date?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  11 месяцев назад

      Great question, please feel free to book a call with us to discuss!
      www.stantheannuityman.com/book-a-call/

  • @MrGWoodle
    @MrGWoodle Год назад +1

    How do RMD fit into a withdrawal plan Does the co calculate your value

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  Год назад

      Great question, please feel free to book a call with us to discuss:
      www.stantheannuityman.com/book-a-call/

  • @shelleycharlesworth5177
    @shelleycharlesworth5177 7 месяцев назад +1

    ’m 76 and have about $290k in an annuity. I have had to take distributions since I was 70 1/2.
    The company- Venerable- keeps sending me letters saying I can take a certain amount of money each month for "the rest of my life".
    I think the last letter said the amount was $2,200 a month.
    If I live 10 more years I would be 86. So if I was to do that- take the $2,200 “ for life” right now, the money would be
    almost all gone in 10 years by the time I turn 86-right?
    I really do not WANT to live past age 86 but if I did, would they still keep paying me?
    $2,200 a month x 12 months= $26,400 a year
    $26,400 a year x 10 years = $266,200

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  7 месяцев назад

      For me to give you an answer about your specific situation, please feel free to book a call with us!
      www.stantheannuityman.com/book-a-call/

  • @pennyhamm8204
    @pennyhamm8204 10 месяцев назад +1

    Can I start withdrawing my monthly payments immediately

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  10 месяцев назад

      Great question, please feel free to book a call with us to discuss!
      www.stantheannuityman.com/book-a-call/

  • @studio16979
    @studio16979 Год назад

    I am disabled. Totally dependent on care from another person. I am over 65. Can I take out a lump sum of my annuity with out penalty?

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  Год назад

      There is not a blanket answer for this question... feel free to book a call with me if you'd like to discuss further. www.stantheannuityman.com/book-a-call

  • @scottwilliams1047
    @scottwilliams1047 Год назад +1

    I always enjoy your videos and learn something new every time I listen to one
    I’m getting ready to turn 65 and want to retire but I need monthly income and I like the MYGA strategy
    Need to generate at least $24,000 a year and I have the money to do that if they’ll let me invest that much
    I guess I need to schedule a call

    • @StanTheAnnuityMan
      @StanTheAnnuityMan  Год назад

      Thanks for watching! When you are ready, you can book a call here:
      www.stantheannuityman.com/book-a-call/