Invest in Fixed Annuities or Fixed Annuity to Lead Relaxed Retired Life

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<h1>Invest in Fixed Annuities or Fixed Annuity to Lead Relaxed Retired Life</h1><strong> Author: <a href='http://www.articleseen.com/profile_Robert Maddy Cooks.aspx'>Robert Maddy Cooks</a></strong><br /><p>When you are planning to invest in order to get returns post retirement it is always advisable to invest in schemes which provide guaranteed returns. Thus, in order to get fixed returns the best plan to invest is Fixed Annuities or Fixed Annuity. Fixed Annuities are a great source of income for the people after retirement. The most important advantage of Fixed Annuity is that it is tax deferred annuity which means there is no need to pay any tax until the amount is withdrawn. Taxes shall be applicable after the withdrawal of the amount. Investing in Fixed Annuities is the best option for saving finances for future especially the old age. This is so because old age brings several problems with it regarding finances, health and others; however with a Fixed Annuity plan people can avail the benefits of secured and relaxed life. It is to be noted that Fixed Annuities are the most sought after plans because they are the oldest and most trusted plans. They provide a fixed rate of return on investment made by the investor. The rate of return on Fixed Annuity is decided while the investment is made along with the time for which the investment is made and duly mentioned in the plan agreement. During this time period the investment grows in order to provide guaranteed returns post retirement. After the specified period of time is over, now it is the time for the investors to get returns. The returns on Fixed Annuities are usually paid as regular monthly payouts so that the tax can be deducted conveniently. If you take the amount in lump sum then you may have to more tax. Therefore, it is advisable to receive the payments of Fixed Annuity in regular instalments so as to get maximum returns by paying minimum tax. Fixed Annuities provides absolute security post retirement and being a tax deferred annuity there is no need to worry about tax deduction and other complications. In case you have some confusion regarding Fixed Annuity then the best idea would be to seek advice from an independent financial advisor who is capable enough to guide you by providing all the details about them. Fixed Annuities provide many benefits besides being a taxed deferred annuity like they provide a guaranteed income after retirement. Another important feature of Fixed Annuity is death benefit in which the annuitant can authorize someone as a beneficiary to get the undistributed payouts on his behalf.</p><strong>About the Author:</strong><br />Robert Cook is a business consultant who has good information on <a rel="nofollow" href="http://www.immediateannuities.com/">Fixed Annuity</a> . For more information on <a rel="nofollow" href="http://www.immediateannuities/">Fixed Annuities</a> he recommends you to visit <a rel="nofollow" href="http://www.immediateannuities.com/">www.immediateannuities.com/</a>.<p> Article Source: <a href='http://www.articleseen.com/Article_Invest-in-Fixed-Annuities-or-Fixed-Annuity-to-Lead-Relaxed-Retired-Life_121871.aspx'> http://www.articleseen.com/Article_Invest in Fixed Annuities or Fixed Annuity to Lead Relaxed Retired Life_121871.aspx</a></p>

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Keywords : Fixed Annuities, Fixed Annuity,

Category : Finance : Investing