We found their information on Indexed Annuities and Deferred Annuity products to be very helpful to the retirement demographic. We highly recommend them.
New York, NY (PRWEB) July 30, 2013
Resource4Retirement.com was awarded the "Best of the Best" by Follow Media Consulting, Inc. for excellence in the field of Deferred Annuities. Resource4Retirement.com is an excellent online educational portal for consumers looking for retirement planning information and consumer financial education.
There are two basic types of annuities: Deferred and Immediate. With a deferred annuity, money is invested for a period of time until the owners is ready to begin taking withdrawals. If one opts for an immediate annuity one begin to receive payments soon after an initial investment is made. For example, one might consider purchasing an immediate annuity as they approach retirement age.
The deferred annuity accumulates money while the immediate annuity pays out. Deferred annuities can also be converted into immediate annuities when the annuitant wants to start collecting payments.
Deferred annuities have two phases; an accumulation period and a payout period. While a client is in the accumulation period, the annuity is growing tax-deferred; clients won’t pay taxes until they transition into the payout period and begin receiving income. Deferred annuities are funded with either a single premium or they might use a flexible premium annuity where one can deposit additional premiums.
"We researched numerous websites," stated Tom Marshall, CEO of Follow Media Consulting, Inc. "Very few focused specifically on addressing the needs of those about to retire or those in retirememt. We found their information on Indexed Annuities and Deferred Annuity products to be very helpful to the retirement demographic. We highly recommend them."
Resource4Retirement.com is an industry leader focusing on educating consumers in retirement or about to enter retirement. Based in Minnesota, their brand is specifically geared towards education the boomer generation on all things financial. To know about on Deferred Annuities, visit their website at http://resource4retirement.com/deferredannuities/.
About Follow Media Consulting, Inc.
Named one of the best SEO companies by Jonas Marketing, Follow Media Consulting, Inc. is a rapidly growing worldwide firm of SEO, Social Media, and Mobile Marketing Professionals. Follow Media Consulting, Inc. headquarters is located in Richmond, VA. However, our professional team is networked across the world, with regional offices across the United States, in the United Kingdom, Canada, Australia, France, South Africa, the Philippines, and India.