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. How about you? Do you own an annuity? Are you confident on how it works,...
The Wall Street Journal reports that “Many major brokers, banks and financial advisers take revenue-sharing payments—legal kickbacks that mutual-fund companies pay to reward sales of particular funds. Such payments vary from 0.01% to about 0.15% of the amount...
Consumers say they will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year, according to the annual survey released today by the National Retail Federation and Prosper Insights &...
Poll Recap: When it comes to funding our kids’ college education, Axiom readers are outliers. A recent report shows that American parents are paying 23% of their kid’s college costs out of pocket[1].Adding those parents who borrowed to pay for their child’s tuition,...
About one-third of Americans with kids under 18 say they plan to use retirement savings or “could use if needed” to help pay for their children’s education, according to a recent survey by Sallie Mae, one of the nation’s largest student loan lenders.[1][1]...
