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Find out if you qualify for enhanced annuities using the annuity calculator

As you approach retirement you will be considering how you are going to find the best annuity rates. You will receive a pack from your pension company outlining their proposal for your pension. At this time in your life you should consider shopping around with your pension fund to see if you qualify for enhanced annuity rates. An annuity calculator can help you find annuity rates and tell you if you possibly qualify for enhanced annuity rates.

An annuity calculator is a simple to use piece of software that very quickly tells you the rates of annuity providers from the entire market. Entering your basic details will allow you to compare the annuity rates you have been offered by your pension company against those of the other providers.

The information that the annuity calculator requires is your name and address, your date of birth, your gender and then you select options that you want built into your annuity. The options you can choose from are:

* Frequency of income
* Income paid in advance or in arrears
* Increase in Payment (Escalation)
* Partner’s Pension
* Tax Free Cash
* Guarantee periods

The frequency of income can be monthly, quarterly, 6 monthly or annually and this income can be paid in arrears or in advance, most retirees choose in advance as they require the payments to start immediately.

Once the annuity calculator has given you the base annuity rate, you need to consider whether you need the income to increase in payment, referred to as escalation. Also if you were to die you can have the payments paid to a partner and you can choose the level from 100% of the payments to none. The majority of retirees that are married choose 50% for this option.

When you take the benefits from your private pension you are allowed to take a maximum of 25% of the value of the total pension fund if you wish. This payment will be free of income tax. You are not obliged to do so and it will reduce the annuity paid to you if you do.

The final option is guarantee period, this will allow you pension income payments to continue in the event of your death before the end of the guarantee period chosen. So if you chose a 10 year guarantee and died after 36 monthly payments the annuity income would continue to pay for a further 84 monthly payments.

Finally the annuity calculator will provide you with an indication of the rates available for smokers and people with poor health, these type of annuities are called enhanced annuities.

Based in the UK, Retirement Solutions are Independent Financial Advisers (IFA) who can find you the best annuity rates from the annuity tables or by using their unique annuity calculator and provide advice from the entire market.

Image from page 279 of “St. Nicholas [serial]” (1873)
Image by Internet Archive Book Images
Identifier: stnicholasserial222dodg
Title: St. Nicholas [serial]
Year: 1873 (1870s)
Authors: Dodge, Mary Mapes, 1830-1905
Subjects: Children’s literature
Publisher: [New York : Scribner & Co.]
Contributing Library: Information and Library Science Library, University of North Carolina at Chapel Hill
Digitizing Sponsor: University of North Carolina at Chapel Hill

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About This Book: Catalog Entry
View All Images: All Images From Book

Click here to view book online to see this illustration in context in a browseable online version of this book.

Text Appearing Before Image:
culine nickname; from 27 to28, to wed; from 28 to 1, at a distance, but within view. L. H. HAZELTINE. MIXED SYLLABLES. – rot — car — net — Bul — bon — let — pup — out -son — dam — cut — pet — par. Out of these thirteen syllables form thirteen two-sylla-bled words meaning: I. The Persian nightingale. 2. Atropical bird. 3. A vegetable. 4. A clergyman. 5. Acovering for the floor. 6. A small ball. 7. A coveringfor the head. 8. A small piece of meat. 9. A varietyof plum. 10. An exit. 11. A short poem. 12. A doll.13. A sugarplum. pleasant e. todd. WORD-SQUARE. I. To wind or fold together. 2. A stout cord. 3.Mimics. 4. That which is troublesome or destructive. WORD-BUILDING. Begin with a single letter, and add one letter at atime, rearranging them to form the required words. 1. A letter. 2. A preposition. 3. A heavy weight. 4. Abrief communication. 5. Softens. 6. A short poem.7. Intense effort. 8. Certain annuities. 9. Balms. SAMUEL SYDNEY. THE DE VINNE PRESS, NEW YORK.

Text Appearing After Image:
SOME DAY, PUSSY, WE LL GO TO AMERICA. ST. NICHOLAS. Vol. XXII. AUGUST, 1895. No. 10. THE BRONCOS BEST RACE. By Cromwell Galpin. In the wide door of the barn which wasalmost in the center of what had been the greatYbarros ranch, the foreman of the Foster stock-farm stood talking to Harry Shallten, who had■come down from San Francisco for a visit to hisuncle, and a weeks hunting in the CahuengaMountains. Ah tell e, Maaster Arry, said the man, as ow we ve orses ere as ud make em.•stare at ome. He crooked a big forefinger at a groom, andpointed to a horse in a loose box at the farther■end of the barn. Put is togs on Don Sancho, he said; anda minute later the man led out a big baythoroughbred dancing and pawing and tuggingat the heavy hand that grasped the bit. That there s an orse, said the proudstable-manager, as there is nt nothink finer.Sixteen ands an a hinch e is — a son of Im-ported Australian. We re trainin ofim forthe spring meetin. I dont suppose, now,Maaster Arry, as ow

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Have you heard about the 8% annuity secret?

To get your free e-book “How To Avoid Annuity Traps” click here: http://retirementplanningmadeeasy.com/annuity-traps

When you are considering investing in annuities, you will probably come across an advertisement that seems to guarantee 8% returns on your annuity.

The advertisement may even call it an 8% annuity secret.

What’s really going on here?

Well, if it sounds too good to be true it probably is. And in this case, I promise you it is too good to be true.

The 8% applies to the growth of your income account value. If you have an income rider on your fixed index annuity, it will have an income account value.

This value is used to determine how much lifetime income you can get off the annuity.

The 8% growth rate applies to this income account value. It is not your “walk away money.”

You can’t cash out your income account value and put the money in the bank.

It is only used to calculate how much income the insurance company will be contractually obligated to pay you under the income rider.

Advertising as though you will get 8% on your money is a very “hypey” thing to do.

And what’s crazy is this: These income riders (like the 8% growth income rider) can be used fantastically to plan for your retirement income.

They can give you great predictability as to how much money you will contractually be guaranteed at a certain point in the future.

Also, the income rider gives you the flexibility to still have access to your account values. You can surrender the annuity if you no longer want the guaranteed income stream, and take your money elsewhere.

This predictability and flexibility make it a great tool to use, when used properly in a retirement plan.

So there is no need for hype.

When you invest in annuities, don’t buy in to all the hype. You’re not going to get a guaranteed 8% return on your account value.

To read the full article on this click here: http://retirementplanningmadeeasy.com/investing-in-annuities-8-percent-annuity-secret/

To download your free e-book “How To Avoid Annuity Traps” click here: http://retirementplanningmadeeasy.com/annuity-traps

Best of luck!

Chris Hammond
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