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 Life Insurance and Annuities Claims 2019

2019-2025 Form

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he has ago and everyone my name is derek ifasi I'm the owner of a Fosse Financial Group today's topic I want to discuss with you the difference between an annuity verse life insurance I'll make this video nice and brief essentially what an annuity is is it's a type of insurance contract that protects somebody from living too long now what exactly does that mean well what happens is these two parameters these two concepts are completely opposite of each other when somebody has an against an example I could use is let's say that somebody has a 401k account and maybe it's sitting out $100,000 and this person decides I'm 65 years old I want to retire and I want to start pulling money out of my 401k account each and every year well they could go and just leave it within that 401k or roll it over into a traditional IRA account and keep pulling out this money let's say if this person pulls out $5,000 per year and he places this h

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