New Social Security Commissioner Cuts Clawbacks!
- Social Security Commissioner Steps Up! | Terry Savage - March 26, 2024
- How Social Security's overpayment mistakes can become your responsibility | 60 MINUTES
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Mention the word “annuity” and most investors recoil. There seem to be so many hidden secrets and costs. And high pressure sales tactics along with "free dinners."
In today’s podcast we unravel those mysteries – with the one man who has consistently worked to educate the public to the ins and outs of annuities – as well as some of the better uses of these insurance company contracts. Stan Haithcock’s website – www.StantheAnnuityMan.com -- is a great resource for free basic information and good advice on annuities. And Stan is one of the most entertaining financial speakers you’ll ever meet.
So, sit back and enjoy our podcast. We devote special attention to Multi-Year Guaranteed Annuities (MYGAs), now yielding over 5.5%. They’re the insurance industry’s version of a bank CD, without the FDIC backing. And they are a great way to improve yields either inside or outside your IRA.
To read more about MYGAs, here’s a link to Terry’s column on the subject: https://www.terrysavage.com/an-annuity-that-works-for-you-myga
And if you’d like to listen to more of Stan’s terrific approach to financial markets, both Terry and Pam have recently joined him on HIS podcast. You’ll find the links to these conversations here:
Terry Savage: The Savage Financial Truth in 2023
https://www.stantheannuityman.com/fwa-terry-savage-january-2023
Pam Krueger: Your Wealthramp to Fiduciary Advice
https://www.stantheannuityman.com/fwa-pam-krueger-february-2023
For further research:
New Social Security Commissioner Cuts Clawbacks!
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There's nothing more painful than losing your job when you're older and not being able to get a new one.
Research says there's a stigma about "older unemployment" - especially when it drags on for more than a year!
Meet Ben who is going through that right now. He remains optimistic, but details the hazards -- even for those in technology -- when a job disappears. Some helpful perspective for you - or someone you might know and love.
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