In fact the private sector, largely through the Challenger group, already offers annuities. But only an estimated 3.5 per cent of assets held in superannuation accounts come in this form – which tells ...

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 6, 2022 – September 9, 2022 ...

FG Trade Latin / Getty Images Variable annuities are insurance contracts ... owner must submit a letter of explanation along with IRS Form 5329. Having to take withdrawals can create fear for ...

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Will annuity rates rise or fall? It’s possible to form a view of where interest rates - and therefore gilt yields and annuity rates - will head in the future based on bond prices today. Right now, the ...

An immediate payment charitable gift annuity (CGA) is often deemed a model of certainty. Once a donor and the charity agree on the rate, nothing changes. Even if the charity mismanages the ...

pooled income funds and charitable gift annuities, depending on a retiree’s financial complexity and goals. These tools, while powerful, require collaboration with financial and legal advisers ...

The Grattan Institute is proposing a government-backed annuity, or "fixed pension" scheme, to encourage retirees to draw down their superannuation balances. A report by the think tank found about ...

The Union Ministry of Home Affairs (MHA) has granted a Foreign Contribution Regulation Act (FCRA) registration to ‘His Holiness the Dalai Lama Charitable Trust’ for “religious” purposes ...

You can put money into an annuity as either a lump sum or a series of regular payments. Although both products are complicated and come in several forms, annuities can be customized with a wide ...