Jeff McLeod

What is an Immediate Annuity?

Immediate annuity refers to income now. The word annuity is Latin for income. With an immediate annuity, income payments start no later than one year after you pay the premium. You usually pay for an immediate annuity with one payment. When income... Read >

What is a Structured Settlement?

Structured settlements are structured cash payments through an annuity system that is established to compensate injury victims for their losses. Structured settlements are also helpful with people who may have temporary or permanent disabilities, illega... Read >

What is RMD?

When you have qualified money, retirement accounts, IRA, 401k, or 403b IRS Guidelines require they begin taking minimum distributions from these funds at age 70 1/2. Required Minimum Distribution (or RMD) is designed to help you calculate the proper minim... Read >

IRA Beneficiary Planning Strategies

Here's an estate-planning technique that allows you to lower the tax sting to your heirs, and that reduces your retirement income in case you don't think you will need all of your Individual Retirement Account funds in retirement. It's called a "stretch... Read >

Tax Deferral Power and Protection

What is a Tax-Deferred Annuity? A tax-deferred annuity is a contract between you and the insurance company with guaranteed interest and guaranteed annuity income options. There are no upfront sales charges or administrative fees during the life of your co... Read >

How Index-Linked Annuity Interest Crediting Works

One-Year Monthly Point-to-Point The monthly point-to-point index change is determined by subtracting the prior month's index value from current month's index value and dividing it by the prior month's index value. If this results in a positive mo... Read >

How Fixed Annuities Are Safe

An Explanation of the Operation of a Legal Reserve Life Insurance Company, underwriters of Fixed Annuities. Through devastating world wars, financial recessions and depressions, sweeping epidemics, earthquakes and fires, inflation and deflation, the li... Read >

What Is An Annuity?

An annuity is a contract in which an insurance company makes a series of income payments at regular intervals in return for a premium or premiums you have paid. Annuities are most often bought for future retirement income. Only an annuity can pay a... Read >

What are Indexed Annuities?

According to The National Association of Insurance Commissioners Buyer's Guide, "An indexed annuity is a fixed annuity, either immediate or deferred, that earns interest or provides benefits that are linked to an external equity reference or an equity ind... Read >

IRA Multi-Generation Distribution Payouts

Many retirement savers spend much of their working life building their retirement nest egg through the use of Individual Retirement Accounts (IRAs). The savings can be a significant part of their security throughout the retirement years. When retirement t... Read >

Litigation is not a four letter word

Civil Litigation is Not a Four Letter Word. By: Jeff McLeod In these courtroom television drama times, people can easily get confused about the true need for this part of our legal system. There are some very simple and incredibly easy expert tools... Read >