How Do I Make A Retirement Plan?

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   James E. Tome

   Now a days retirement plans, can be started for as little as $600.00 per year, or $50.00 per month.  Annuity IRA's can also offer great upside potential, with no downside risk. many now include income riders, that guarantee an income growth, provided the funds are taken out in a stream of income, rather than a lump sum. Income riders can still be obtained offering as much as 10% simple interest. Growth continues until distributions begin, in most cases. Any distribution taken from a Qualified Fund such as an Individual IRA, are subject to penalties, if withdrawn prior to 59 & 1/2. Speak with your tax adviser on your specifics.

   Answered on June 20, 2013

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