Only if the annuity is an IRA or Roth IRA. A non-qualified annuity does not have this rule.
A variable annuity is beneficial in an economy such as ours now. That way, when interest rates rise (however many years that will take), your annuity will also be at a higher rate.
You can visit a company like mystructuredsettlementcash to sell annuities and structured settlements. They have lists of buyers to take over your annuity payments.
It grows tax deferred. If you take an income stream or annuitize the annuity, the money is taxed as ordinary income.
ordinary annuity
yes, i creditor can garnish a bank account to $0 regardless of where the funds in the account came from
You can annuitize with an Immediate Annuity to take income now. Here's some info on that consumerboomer.com/should-you-annuitize-immediate-annuity-income
Only if the annuity is an IRA or Roth IRA. A non-qualified annuity does not have this rule.
A variable annuity is beneficial in an economy such as ours now. That way, when interest rates rise (however many years that will take), your annuity will also be at a higher rate.
There is a simple but accurate online annuity calculator at http://www.bankrate.com/calculators/investing/annuity-calculator.aspx. Just enter your information into the form, and the website will take care of all the calculations for you.
You can visit a company like mystructuredsettlementcash to sell annuities and structured settlements. They have lists of buyers to take over your annuity payments.
No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.No. A judgment creditor cannot take possession of child support payments to satisfy a lien.
It grows tax deferred. If you take an income stream or annuitize the annuity, the money is taxed as ordinary income.
Yes.
no
Usually 20%
Generally, if the car is jointly owned, a creditor may be able to go after the co-owner's interest in the vehicle. However, laws vary by jurisdiction and the specific circumstances of the case can also impact how the creditor can pursue the debt. It is advisable to consult with a legal professional for guidance on this matter.