Health and Life

• Life Insurance
  If your Required Minimum Distributions are not needed for current or future income or you anticipate that the funds will not be of use by you in the future, consider using the RMD to fund a large Life Insurance Policy. The Life Insurance death benefit will pass on to its named beneficiaries’ tax free.

Personal

• Annuities
  No single product meets all of an individuals retirement needs. Consumers should diversify with a combination of products that may include annuities, mutual funds, stocks and bonds. When it comes to investing safely for retirement Suze Orman says ”Money needed for retirement income should be out of the market 10 years before you retire.” At Amerity Financial we agree.