Be Cautious When Cashing Out An Annuity Early

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at 2021.04.15
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In the past, cashing out stocks, bonds, or mutual funds was simpler than cashing out an annuity. If the annuity was already paying out sums to you, then you were probably stuck with it.Today it is possible for people with annuities to sell them off and get a lump sum for them.It still may not be a good idea to cash out of an annuity early. Pay close attention to the payment dates. An annuity that will pay $150,000 in 2020 will not pay much if you try to cash it out today. If you cash out early, you may only get one quarter of what you might get on the payout date.You will also want to take the bottom line into consideration. By cashing out early you could lose up to one half of your annuity. Short of medical emergencies or other serious crisis, cashing out an annuity early may not be worth the short-term gain.Always read the fine print. There may be charges, fees, and taxes that you may not have taken into account. Before you make any decision, there are some things to consider.The IRS offers a tax treatment for a portion of the annuity. If you are under the age of 59 and choose to cash out your annuity, a 10% penalty on the taxable amount of the annuity will be forfeited to the IRS.There are other options available to cashing out an annuity. The 1035 exchange allows you to exchange one kind of annuity for another. If you want to cash out an annuity early for immediate cash flow, this option will not help.A waiver is another option to prevent tax penalties. Some annuities allow you to withdraw without penalties for a serious illness or nursing home confinement. Some insurers will allow you to take out as much as 10-15 percent.

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Joe William is an investor and commercial loan agent. He also operates and manages the annuity information web site. More information can be found at


For those who are so much into home improvement, landscaping has
become a very practical solution because there are so many options they
can choose from. And, because of the availability of landscaping
resources in various magazines and online tutorials, more and more
people in getting interested to do it on their own.

How Landscaping Can Improve Homes

– especially to homeowners who want improved homes – should bear in
mind that landscaping if not done properly can ruin their homes

The basic thing that people who are planning to do
their own landscape is that the house and the landscaping must
complement with each other. They should always bear in mind that not
all landscaping can look good in any home that is why they should
really plan carefully before doing it to avoid wasting time, effort,
and money.

As much as possible, all houses should have landscapes
because these complement other features of the construction. But, due
to lack of money, many homeowners cannot do anything about their homes.
But now, since the emergence of “DIY” or “do-it-yourself” landscaping,
many people are trying to beautify their homes using these simple

In landscaping, harmony and balance are very important
because it places everything into a very organized manner. For those
you are first-timers when it comes to DIY landscaping, they should
really consider, reconsider their plans, limit their choices to avoid
being overwhelmed, and confused with so many options. They should also
limit the extent of landscaping options to be able to come up with a
successful one.

For beginners, there are actually so many aspects
in do-it-yourself landscaping to consider. Some of these aspects
include the budget allotted, the skills of the person who will do the
job, the average climate or weather condition in your location,
personal preferences in designs and tastes, and the availability of
miscellaneous resources. To make the personal landscaping a success,
one must ensure that the landscape has a year-round theme to ensure
that it will never be outdated when seasons change. A perfect option
would be to create a combination of plant-selection that contains
flowering trees or shrubs with fall foliages.

Also, layering the
garden’s flower beds when planting to achieve a uniform or standard
look in the garden is a must. Planting beds in rows that include those
filled with tall plants, those planted with the next tallest plants,
and those containing the shortest plants can do layering.

the use of “annuals” to supplement “perennial” colors of flowers. In
landscaping, it is best to use perennial flowers for flowerbeds because
these have longer span of life. However, perennials only bloom in a
specific period of time, it is best to supplement the bed with annual
plants to fill up the empty space when perennial are not in bloom.

learning to use “evergreens” for continuity will ensure the success of
your very own landscaping. Although landscaping is more on trees and
shrubs, this doesn’t mean that one cannot include other plants such as
evergreens. This type of plant is perfect for it opens up more space,
provide uniform structureHealth Fitness Articles, and a view of variety.


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