Many people spend decades planning for the day when they can stop working. Those who are conscientious generally try to save and invest enough in a tax-efficient way in order to create sufficient capital to produce the necessary income to last throughout their lives. However, once you reach retirement the planning doesn’t end.   In…

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When looking for more stability and higher yields, many investors are turning to preferred stocks. These securities have some characteristics of regular stocks but also have some characteristics of bonds. According to Barrons, they are currently paying higher yields than junk bonds at an approximate rate of 6 percent. Many of these stocks are issued…

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Many deferred annuity owners have seen their accounts appreciate over the years without having to pay any taxes. However, at some point someone is going to have to pay taxes. The question is, how does one mitigate the impact of taxes?   When a deferred annuity owner takes withdrawals from his or her account, the…

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