Overreacting to market movements or trying to “time the market” by guessing its future direction can create additional risk that could negatively affect long-term portfolio performance.
Unlike retirement accounts, there are no federal contribution limits for variable annuities, and the investment gains won’t be taxed until they are withdrawn.
A letter of instruction could be just as important as a will in helping loved ones settle an estate and move forward with their lives.
After age 65, retirees can use HSA funds for any purpose without incurring a penalty.