Ken Nuss

5 days ago | kiplinger.com | Ken Nuss

Annuities can supercharge your retirement savings, but there’s a potential downside. Nearly all annuities impose a surrender period, during which excessive early withdrawals are subject to a surrender charge. With proper planning, however, you can easily avoid surrender charges. The key is knowing how much liquidity or access to funds you may need in your annuity.

1 month ago | newsmax.com | Ken Nuss

Like any other financial vehicle, annuities have their pros and cons. But they vary greatly. Different types work differently and accomplish different goals. Some are quite complex; some are straightforward. Some guarantee income; some offer growth. Get some good advice and have a basic understanding of how annuities work before you commit. Here are some of the main mistakes people make when buying (or not buying) annuities.           1.

1 month ago | thestreet.com | Ken Nuss |Robert Powell

By Ken NussLike any other financial vehicle, annuities have their pros and cons. But they vary greatly. Different types work differently and accomplish different goals. Some are quite complex; some are straightforward. Some guarantee income; some offer growth. Get some good advice and have a basic understanding of how annuities work before you commit. Here are some of the main mistakes people make when buying (or not buying) annuities.

2 months ago | kiplinger.com | Ken Nuss

Most people are only dimly aware of annuities and how they can help them achieve their financial goals and help ensure they’ll have enough income and savings for retirement. About 79% of American adults struggle to correctly define an annuity, according to a 2024 Policygenius annuities survey.

2 months ago | newsmax.com | Ken Nuss

Securing a steady income is crucial for a successful retirement. Social Security, pensions, annuities, IRAs, Roth IRAs, and 401(k) plans all exist to provide retirees with necessary assets and/or income. One good strategy, which is underused, is to buy a lifetime income annuity. This lets you convert a portion of your savings into a guaranteed stream of lifetime income—your private pension.