Annuities can be complex, and it's easy to be overwhelmed by the different types and sub-types, but they are one of the best ways to receive guaranteed income in retirement. While $5 million sounds like plenty of money to retire … Continue reading → The post How Much Would a $5 Million Annuity Pay appeared first on SmartAsset Blog.
thing to do. but apparently that s what the republicans want to do, is to keep a promise that actually harms americans. physically harms them. denies them health insurance. denies them the benefits. and you go to the tax policy, you know, actually most of the majority of middle americans will see a tax increase in the days ahead. eliminating the medical deduction. let me tell you what that means. a fellow came up to me, one of my constituents, says, are they really going to do that? i said, apparently they want to. he says, let me tell you what it means to my mother. she s in a nursing home. she has an annuity. she s able to make that annuity pay for her nursing home care because of the medical tax deduction. eliminate that and she s going to be on medicaid. she won t be able to take care of herself. she ll become a burden to the government. this is really dumb policy that the republicans are pushing forward. student interest deduction. we want students to get an