If I have a retirement account, say a 401k or an IRA, can I use those funds – not to borrow – but as an investment in a mutli-tenant residential apartment complex that I will be leasing to unrelated tenants to derive income? How is this done? Who do I talk to about the details?
Posts Tagged ‘Purchase’
final salary or money purchase scheme?
22
May
Assume i only work for 1 year at my company and i also retire in one year time. i contribute 4.1% (gross) into the final salary pension and my earnings are £15,000.
Is this calculation correct for a final salary?
1/60*15,000*1 year = 249.99
is 249.99 the figure i would receive each year after year 1 untill i die and rise in line with inflation?
or, do i opt for the money puchase scheme where my employer match my contritbution of 4.1%. 1 year later:
615+615=1230.
I know i need to use the 1230 from the final salary to purchase an annuity (assume 6%=73.8) which is alot less than the final salary of 249.99. thus, it is best to opt for the final salary?
Thanks
retire in one year one when 65.
I am a senior with good credit. I need to purchase a home in the city where my daughter lives. My “income” i?
14
May
(I am asking this question for my father – in his words.) “I am a senior with good credit. I need to purchase a home in the city where my daughter lives. My “income” is based on social security and a few annuities. I have a few IRAs and trusts set aside with other investments such as stocks and cds, plus I will ultimately sell my current home that is paid off. Will I be able to get funding for a new home purchase?”
Are there Fixed Annuites that you can purchase without any surrender charges if your over 61?
07
May
In this context the purchasers of annuties would be at least 62 years old investing anywhere from $50,000 to $300, 000. The question is are there annuties they can buy and not be penalized by withdrawing all or part of the principal regardless of the time period the monies have been in the annuity.
What is a cheap life insurance company- I can purchase online?
27
Apr
I just need something to hold me over til my next job which hopefully will offer group life insurance. Give me the company name or website- not some blog or comparison site. The company name is worth 10 Pt’s Thanks
Am I too young to purchase a Variable Annuity?
22
Mar
I am 41, married with 2 kids (15 mos. and 4 yrs old). Should I roll my $125,000. 401k into this “investment”? I am likely 20 years away from retirement. Help!
Should I purchase an immediate annuity at my age 77, or perhaps long term care insurance? Income $2000 month?
21
Mar
Or, should I buy an immediate annuity? Home value $200,000, mortgage free. CDs $150,000. Paid-up burial policy and $5,000 life insurance policy. No debts except usual household expenses and home maintenance. Disabled son lives with me.
my mother is 81 and wants to purchase a fixed annuity. does the principle go directly to beneficiaries upon?
17
Mar
her death? i’m asking because she may only get that income for a few years. i don’t want $200,000.00 to go down the drain and she only had 2 or 3 years of income. how much should she expect per month?
I will be 60 next month, should I purchase life insurance or an annuity?
10
Mar
I want access to my investment and I want to pass funds on to my son when I die.
My dad is about to purchase an annuity from Bankers Life and Casualty Co. anyone out there heard of them?
06
Mar
Whats the deal with them?
Will bankruptcy affect my ability to purchase an annuity?
19
Feb
Like the subject says, I want to know if a recently discharged bankruptcy will hurt my chances of buying an annuity. Do they normally do credit checks?
The Irish Land Acts, 1903 to 1909; Together With the Rules and Forms Issued Thereunder Tables of Purchase Annuities, and a Form of Final
19
Feb
Product Description
Title: The Irish Land Acts, 1903 to 1909 : Together With the Rules and Forms Issued Thereunder Tables of Purchase Annuities, and a Form of Final Schedule of Incumbrances : Being a Supplement to Lord Justice Cherry’s Irish Land Law and Land Purchase Acts, 1860 to 1901, 2d Ed., Edited With Notes of Cases Decided Under Each Section and Rule Publisher: Dublin : J. Falconer Publication date: 1910 Subjects: Land tenure — Law and legislation Ireland Notes: This is an OCR reprint. There may be numerous typos or missing text. There are no illustrations or indexes. When you buy the General Books edition of this book you get free trial access to Million-Books.com where you can select from more than a million books f… More >>
EOP was in Neuberger Berman REIT in Metlife annuity fund. Blackstone finalizes purchase tomorrow. When will I
19
Feb
see the results of that buyout in my Metlife Annuity account? I already noticed in Scottrade that EOP was removed from list of stocks a few days ago.
If You Want To Purchase An Annuity
30
Oct
What you should do if you want to purchase an annuity and are 65 years of age or older: part of a series of online videos about elder financial abuse and ways to avoid it.