3 Risks of Investing in Annuities

USA, New Jersey, Jersey City, Close up of woman's hand putting money into jarInvesting can be scary, especially in the short term. When you retire, it’s hard to watch the value of your lifetime of savings fluctuate as financial markets bounce up and down. Fear is a powerful sales tool.

Immediate annuities are an insurance product that prevents you from losing money and offers the benefit of guaranteed payments. However, there is a catch with those guarantees. Many annuities aren’t guaranteed to keep up with inflation, so the purchasing power of those guaranteed payments could decline over time. Tying up a significant portion of your money in an annuity also takes away some of your financial options and flexibility, because you can’t always get the money back out easily. And some annuities are outright expensive.

Here are some of the issues you could face if you invest your retirement savings in an immediate annuity.

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How Good is Your Employer’s 401(k)?

401k savings planBrightScope recently identified the industries with the best 401(k) plans. Which industries came out on top?

Our rating system is based on how quickly the average participant in a given 401(k) plan is going to accumulate the money we believe someone needs to retire comfortably within his or her industry. Law firms, utilities, mining companies and airlines were top scorers because they typically offer plans with low fees and some form of profit-sharing. Employees in these industries are highly educated and well paid. They tend to contribute at a higher rate than do employees in lower-ranked plans, and they let those dollars grow over time.

How can I tell if my company’s 401(k) plan isn’t up to snuff?

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The Best Credit Cards for Customer Satisfaction

Row of Credit CardsLindsay bought a memory foam mattress from a store that guaranteed no interest financing for two years. Fourteen months after the purchase, interest charges surfaced on her bill.

A credit card David did not open showed up on his credit report as delinquent. The debt, which he discovered because he kept getting denied new credit, will remain on his credit history for seven years.

Joyce’s son purchased a wedding band on her credit card without her approval. When she contacted the jeweler, the store refused to do anything about it.

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The Many Advantages of Accounts Receivable Financing

indexThere are many accounts receivable financing advantages. Businesses the need capital will be hard pressed to find a much better or faster option. Such financing is not dependent upon a businesses’ credit or the length of time that they have been in business. As long as a company has clients with good credit and outstanding invoices, then accounts receivable financing is a viable commercial financing option. Below, we will go into a little more detail about only a few of the many advantages of generating capital in this manner.

Fast money

Accounts receivables financing is a really great way to get money fast. Most factors are able to provide payment for invoices in about 24 hours. This process may initially take more time. However, after a business has established a relationship with a factor, the process goes really quickly. Unless a company has an open line of credit, it is difficult to think of a faster way to raise commercial capital. Even in cases where a line of credit is utilized a company is forced to pay interest which can be extremely expensive. There are no such costs associated with receivables financing.

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Guaranteed Car Finance – Learn How This Can Be an Advantageous Vehicle Financing Method

Feel free to use this image just link to www.rentvine.comPeople all over the world have a need for financial aid at some point in their lives. Now, more than ever, the global financial slump pulls down with it the purchasing power of many individuals all over the world. Acquiring a rather pricey personal necessity such as a car can prove to be a rather difficult feat these days. Credit turns out to be the most viable option in such a case.

However, everybody knows that obtaining a car loan is not easy. Most loan companies look for good credit standing to be assured that they get their money back. But not a lot of people have decent credit history.

A guaranteed car credit deal, as the term implies, assures of approved car financing to clients who are currently employed UK residents and who make moderate down payments regardless of an individual’s credit history. In these cases, finance companies and dealers team up to finance loans that are usually too dicey for banks or other lending institutions to shoulder by themselves at reasonable rates and terms. Likewise, vehicles are assets that lenders can take legal action on, thus they agree to grant guaranteed car loans.

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Advantages of Financing With a VA Mortgage

Feel free to use this image just link to www.rentvine.comA VA mortgage has numerous advantages for a borrower purchasing a new home or a homeowner who is refinancing his or her current mortgage. This type of loan is specifically for veterans or service members currently serving in the U.S. military. It is an exclusive benefit available to them in return for their service to this country. This type of financing is known for its great rates, flexible loan requirements and easy qualification guidelines.

Save Money When Purchasing a Home with this Loan

This type of loan is especially great for veterans and current military members who are first-time homebuyers because of the large amount of money it saves them. These loans do not require a down payment on home purchases, unlike most conventional home loans. Borrowers can use the money they save for other home expenses or for their personal use. If eligible, borrowers can also qualify for the first-time homebuyer’s tax credit, which can be up to $8000. This incentive is ending soon, so new homebuyers should act now.

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Advantages of Financing a Cheap New Car

financeFinancing a cheap new car offers a lot of benefits. This is the reason why most car buyers are doing their best to obtain some of the auto loans offered by lenders to finance this type of vehicle. However, not all car finders know these benefits. As a result, most of them would end up with bad credit. In case you are planning to finance a car, try to consider financing one of the available cheap new cars and obtain the following benefits.

1. A lot of financing offers

One of the most common benefits obtained from financing a cheap new car is the abundance of offers from banks and other lenders. As a matter of fact, a lot of financing agencies are willing to provide financing for creditors who are planning to finance affordable vehicles.

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The Seller Finance Solution

imagesSeller financing can be a great way to get a house sold without slashing the price. By recognizing the millions of people who can’t get traditional financing as potential buyers, resourceful property sellers (and their real estate agents) can minimize their time investment in getting a property sold. Even better, sellers who offer financing can usually get a higher asking price for their property, even in the slowest markets. Clearly this is a win-win situation.
Most home sellers never consider financing the buyer directly because they are not aware of the benefits or don’t fully understand how creating a note works. Let’s take a closer look at the advantages of owner finance.

Three Advantages

Seller financing is very powerful when the market is slow or when there are many similar houses on the market. Just listing the house as “OWC” – Owner Will Carry – will make the house stand out and attract more buyers. Because many individuals cannot get funding from a bank, offering financing will open the doors to these prospective customers as well, essentially significantly increasing the pool of potential buyers. So, advantage #1 is MORE BUYERS.

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