Investors Daily

A straight life annuity is probably the simplest for of annuities you can buy. They are based on providing income until death. This type of annuity is less expensive because there is no other type of component to this insurance. The less time that an annuitant is expected to live, the higher the annuity will be. There is no form of payout offered to the annuitants beneficiaries upon his/her death.

Once you understand how annuities work, you know that compared to an annuitant who has a greater life expectancy, payouts per pay period are increased for annuitant with low life expectancy. Life annuities pay a pre-determined amount until death and the term annuity pays a pre-determined amount until the product expires

Just started a new job that uses
SEP IRA Plans instead of a 401k plan. Looks like I have some research to do, now, as I haven’t the slightest idea how SEP IRAs work.
In particular, I need to know more about Sep Plans. There’s some decent stuff on the net about it, but it’s hard to stay focused on it. This stuff is just so dry and dull.
At least I’ll save some money on taxes. That bite the government takes out of my paycheck just keeps getting more and more painful every year.
More on this soon.