In 2018 the Annex Wealth Management Financial Planning team analyzed over 280 annuities. Often times, the folks they worked with weren’t sure what their annuities did or how they even operated.So we asked Axiom readers: How about you? Do you own an annuity? Are you...
Consider Who Can & Will Act As Your Power of Attorney As we age, it becomes increasingly important to have financial powers of attorney in place to ensure someone can manage our finances once we’re unable to do so. Who you select in that role is a critical...
1099-R’s have been issued and you likely have started to receive them in the mail. We wanted to provide clarification on how custodians report QCD’s (qualified charitable distributions). Custodians do not report the QCD on the 1099-R. The form 1099-R reports the...
ANNUITY WEEK | Inside: Featured – Unbiased Annuity Review | Poll: If You Own An Annuity, Do You Understand How It Operates? | MoneyDo: Review What You’re Actually Paying For Your Annuity | Annuities 101 | Are Annuities Subject To RMD’s? | Review What...
Annex Wealth Management’s Financial Planning Team just completed a review of annuities our clients hold – not to sell them another annuity, but to help our clients understand what they own, its benefits, and how much it costs them. Check out an example of...