Tag Archives: Wade H. Mayo

The Affordable Care Act and Your Investment Income

So how might you avoid having taxable income from the above sources push you over the income threshold, subjecting you to the 3.8% surtax? One strategy being used by savvy investors is to shift your investment strategy towards assets that provide more tax-efficiency and control, such as fixed, traditional, or indexed deferred annuities. Continue reading

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Getting close to retirement, but unsure if you can afford it?

Did you know that it takes 75% to 85% of your pre-retirement income in order to maintain your current lifestyle in retirement? What’s more—even though you don’t know how long you’re going to live—you should assume that you’ll need to have enough to live on for at least 25 to 30 years. Continue reading

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FAQ of the Week: How is interest rate credited?

By Wade H. Mayo, President, Life Insurance Company of the Southwest, member of the National Life Group Overall, indexed annuities are relatively simple to understand, but figuring out how your interest rate will be credited can take some time to … Continue reading

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FAQ of the Week: What is a Market Index?

An index is a number that goes up and down as the market it represents changes. When looking to purchase a fixed indexed annuity, your agent will talk to you about how interest is credited. A fixed indexed annuity allows you to benefit from the positive changes in the index (subject to the policy’s caps) while being protected if the index falls. A fixed indexed annuity may credit more interest than a traditional fixed annuity in periods when the index is rising. When the index is falling or remains level, the value of the fixed indexed annuity remains constant. In other words, an indexed annuity allows the policy owner to potentially receive more interest than a traditional fixed annuity, but without being subject to market risk. Continue reading

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