by EveryIncome | Retirement
“Should I buy an annuity with my 401(k) or roll my 401(k) into an IRA?” Many people struggle with the annuity vs. an IRA question as they approach retirement. Before we delve into the pros and cons, it’s important to understand the nature of each type of retirement...
by EveryIncome | Retirement
Americans have up to $2 trillion invested in retirement annuities and $5.7 trillion in 401(k) plans. Both types of retirement plans are popular, but which is the better retirement choice? When you consider an annuity vs. a 401(k) plan, you’re comparing apples and...
by EveryIncome | Retirement
Despite Americans holding over $2 trillion in variable annuities, the average person knows little about how annuity retirement plans work or their pros and cons. What is an annuity? An annuity is a special type of life insurance that provides reliable income in...
by EveryIncome | Retirement
While educating yourself on retirement investing strategies, these two terms likely come up often. And there are key reasons why. Keep reading to learn more. What is a mutual fund? A mutual fund is an investment opportunity allowing you to pool your money with that of...
by EveryIncome | Retirement
The 457, like the 401(k), is a tax-advantaged plan that allows you to put a portion of your pretax income into retirement savings. Here, we’ll discuss the pros and cons of the 401(k) vs. 457 plans. 401(k) vs. 457: What’s the difference? Perhaps the biggest difference...
