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Are Annuities a Good Investment

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Are Annuities a Good Investment

There are two different types of annuities: deferred annuities and immediate annuities. The type of annuity you choose depends on how soon you expect to receive payments. If you are looking for a long term investment where you plan on making withdrawals once you reach retirement then you might choose a deferred annuity. If you are looking to make withdrawals sooner than you may want to choose an immediate annuity.

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English: Types of Annuities (Photo credit: Wikipedia)

Either type of annuity can be fixed or variable. A fixed annuity acts like a CD from a … Read more at 2011 Tax.

Tax Carnival Ecstasy – July 18, 2013

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Little Book of Common Sense Investing (Photo credit: Wikipedia)

Welcome to the July 18, 2013 edition of Tax Carnival Ecstasy. In this edition we have 5 great articles starting with Daniel’s letter to the IRS disputing an insufficient funds charge. Bill Smith looks at reasons to adjust your w-4 withholding at work this year. And John Schmoll has investment advice for your retirement investing. Hope you like all the articles, bookmark, share, tweet and come back real soon.

Bill Smith presents Why Investors Should Be Interested In Bank Of America – FastSwings.com posted at FastSwings, saying, “There are several

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Strange 2011 Federal Tax Deductions

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2011 Federal Tax Deductions

Everyone is looking for deductions for their 2011 federal tax situation.  We’ve all heard of the mortgage deduction, the medical deduction, and even deductions for owning an electric car–but are those all the deductions you can find?  It’s important to know all the deductions, so you can maximize your own personal benefits this tax season.  There are many “unique” deductions that are perfectly legitimate that most individuals probably are not even aware exist.  These deductions have been used in the past and are still on the books. Perhaps they might even help you this tax season. … Read more at 2011 Tax.

Commonly Overlooked Tax Deductions to Watch Out For

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Tax season is upon us, and with it comes a lot of work and a lot of stress. It is everyone’s goal to come out of a tax filing with some extra money in pocket – or at least to have to come up with as little out of pocket as possible. Therefore, it is extremely important not to miss any and every possible deduction you can take whenever you are preparing your tax forms. If you are not an expert in tax code, then it is likely there are some deductions you could miss if you are not conscious … Read more at 2011 Tax.

How To Get A Tax Credit For Retirement Savings

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If you want a tax credit for retirement savings contributions, you might be able to get it if you already make eligible contributions to your company sponsored plan. It all is based on how old you are and how much you are earning.

How much you can get back

Should you be making eligible contributions to an IRA, 401k or another retirement plan, it might be possible to get a credit of as much as $1,000-$2,000 if you are married and filing together. The credit is based on a percent of the contribution amount. The lower your income, the … Read more at 2011 Tax.

Tax Carnival Ecstasy – February 16, 2012

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taxes (Photo credit: 401K)

Welcome to the February 16, 2012 edition of Tax Carnival Ecstasy. In this edition we have an article by Bill Smith on Discharging Your Tax Debts In Bankruptcy Court. Pat Huddleston wants you to protext yourself from fraud in Accountants; A Love Story. And finally we have 8 Tips to Prepare for Retirement including a tax perspective. Hope you enjoy the articles, bookmark, share, tweet, like on Facebook and come back soon.

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Frank Goley presents Bond Analysis posted at Easy Forex News.

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Bill Smith presents Can You Discharge Your Tax Debts In Read more at 2011 Tax.

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