Wasatch Smart Finance feels this is the perfect year to annuitize retirement funds and purchase an annuity in 2020
Oct 24, 2020
Wasatch Smart Finance, renowned in Utah for its life insurance, annuity, and financial coaching services, is now helping Utah residents acquire the most relevant annuity for their requirements. There are more than 25 life insurance and annuity companies and various products to choose from.
Syracuse, United State - October 24, 2020 /MarketersMedia/ —
Syracuse, UT: According to announcements released by Wasatch Smart Finance and Kit Eizenga, the company wants to remind prospective Utah retirees that 2020 is a perfect year to consider annuities. In fact, many people are asking when is the right time to buy an annuity?
Mr. Eizenga discusses the reason why this year (2020) should be the perfect time to annuitize is the economic issues we have had due to COVID-19. He reminds us that many of the world economies are still unsettled due to the COVID-19 outbreak and stock markets around the world could have significant issues. He further comments an annuity is a great tool for those that are too old to whether additional stock market downturns. He further commented “We could be at the beginning of this economic shock. A lot of the stock market positivity we see happens to be an effect of the overcapitalization of a few companies. Many top companies of the S&P 500 have extremely high historical Price to Earnings ratios which makes the market seem overbought. All these economic indicators make it an opportune time to purchase an annuity.
In addition, Mr. Eizenga also tells us of Wasatch Smart Finance's sophisticated process of Annuity Planning to ensure that people still leave some money in the market because even though a market downturn seems imminent no one truly knows what will happen after the election and through the winter. Methods for transferring money from 401k’s to annuities often use Single Premium Deferred Annuities ensuring that money stays taxed deferred until retirement. Using a fixed indexed annuity to further capture market gains but not losses help protect an IRA from market downturns. For those already in retirement, we focus on an Immediate Fixed Income Annuities that have a fixed rate and can be a good transfer from wealth to income.
Talking about his passion for what he does and the need for establishing Wasatch Smart Finance, Mr. Eizenga said, “I felt that there were plenty of life insurance companies out there, just not enough of them that cared about people’s total financial futures. This is what inspired me to open Wasatch Smart Finance. I wanted to have a place where people could discuss their financial issues beyond just life insurance and annuities. A place where we can talk about estate and retirement planning. Wasatch Smart Finance is known for its life insurance, annuities, and financial coaching services. The company has helped individuals find the right annuity for their retirement.
Wasatch Smart Finance would like to remind you of their new partnership with Ethos Life. Also, they have opened a new location in Nevada at 1215 Kleppe Ln, Sparks, NV 89431.
Contact Info:
Name: KIT WILLIAM EIZENGA
Email: Send Email
Organization: Wasatch Smart Finance
Address: 1805 W 1175 S
Phone: +3853689633
Website: https://wasatchsmartfinance.com/
Video URL: https://www.youtube.com/channel/UCEAEOfUyODOpjQmk6jsWEHg/
Source: MarketersMedia
Release ID: 88982293
More News
Chinese firm unveils ‘guardian’ robot that can disarm attackers, lift cars
A knife-wielding intruder is confronted. A car is lifted to free a trapped victim. A pedestrian is pulled from the path of an oncoming vehicle. The scenes described are not from a Hollywood blockbuster, but a promotional clip for a new “guardian” robot created by the Chinese technology firm Unitree Robotics. The footage for the H2-X model, released on Wednesday, underscores a wider shift in strategy by the Hangzhou-based firm, as it focuses on finding practical, real-world uses for its athletic...
Takaichi remains popular with Japanese public. Can she maintain her grip on LDP?
Japan’s Prime Minister Sanae Takaichi has marked one year in office still riding relatively high in public opinion polls – a heady position that few political analysts anticipated despite geopolitical tensions and persistent inflation. A poll by the conservative-leaning Yomiuri newspaper published on Monday indicated that Takaichi’s cabinet retains the support of 57 per cent of the Japanese public, down two percentage points from the previous survey on September 18 and significantly lower than...
Websites go dark worldwide as AI exposes critical security flaws
Government agencies and companies around the world shut down websites on Wednesday after two critical flaws came to light involving PHP, a programming language that is the basis for a large share of the internet. PHP sits underneath popular web design platforms, so the weaknesses potentially affect a vast range of websites, from online stores and news outlets to government services. Wiz, one of the security firms that found the issues, estimated that PHP runs about 70 per cent of the world’s...
Pakistan and the US factor as China looks to sell its J-35 stealth jets
Last month, the US published the fine print of a US$686 million upgrade deal for Pakistan’s F-16 fighter jets. The deal is for data link systems, new encryption gear and a refit that keeps the jets flying until 2040. The notice says Pakistan can protect the technology to “substantially the same degree” as the US government. The Pakistan Air Force is also the only declared interested buyer of China’s J-35 stealth fighter, a generational leap in technology. The Chinese jet first flew at the Zhuhai...
Shark Returns to Sea After Over a Month Stuck in a South Korean Port Canal
The 10-foot-long dusky shark, nicknamed “Bukangi,” was successfully guided back to the open ocean after a third rescue attempt.
Meta to pay New Mexico a historic US$25 billion in Cambridge Analytica Facebook case
Meta Platforms was ordered to pay a groundbreaking US$25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal. The fine issued by state court Judge Francis Mathew is among the largest verdicts issued in US legal history. The award comes after a jury in Santa Fe determined that Meta had violated the state’s consumer protection over 43 million times based on widely viewed deceptive statements made by the company and its top...
Modi Seeks to Calm Allies by Shackling Gen Z Protests
Leaders of India’s governing coalition are trying to frame the demonstrations as a power grab by traditional political parties rather than a grass-roots youth movement.
GM Aims to Bring ‘Eyes-Off’ Driving to AI-Powered Cars Within 2 Years
General Motors is seeking help from artificial intelligence to keep up with Chinese companies that introduce vehicles very quickly.
Delhi’s Winter Season of Polluted Air Begins
As air quality plummeted in India’s largest city, the government said it would act to curtail the haze that blankets the capital every winter.
China’s AI Industry Brings Both Gains and Challenges for Its Fragile Economy
China’s exports are surging, driven by AI-related technologies. National security-driven export bans could change that.
China’s Free A.I. Models Are Thrown Into Uncertainty
Draft rules on the export of artificial intelligence technology show how China is trying to balance national security risks with its desire to outpace the United States.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.