unimaginable Jonathan William Mikula solutions leverage the annuityby davidnaym | created - 12 Apr 2015 | updated - 12 Apr 2015 | Public
Annuities have not reputable. Professionals accuse them of being quite unprofitable, poorly adjusted and especially to alienate the capital that is lost to the heirs in the event of early death. Jonathan William Mikula Not to mention the tax, which also affect the income. Despairing? Not necessarily because there are many ways to soften its shortcomings to make the most of his qualities.
Building on later
First precaution: do not rush. The amount of an annuity is based on your age during processing (specifically, your life expectancy), it is better to wait to have exceeded 65 or 70 years to get involved. Before, she just as well as traditional investment. After she did much better and with a gentler tax! Choosing the right fiscal framework
It is possible to get a pension out of a life insurance policy, a Perco (company savings plan in collective pension) or simply by providing capital to an insurer for immediate processing. In these cases, the arrears are taxed at 50% of their value with all of their income if the annuity has started between 50 and 60 years, 40% between 60 and 70 years and 30% after 70 years . Social security contributions of 15.5% is calculated on the same proportions. One more reason to wait 70 years to play this card. There is however a much more advantageous framework: by transforming the capital invested in a PEA (stock savings plan), the annuity escapes taxation. It only supports social contributions (in the same proportions as before). Ditto for the outcome of a former popular savings plan. So this is the best playing cards. In contrast, rents from a Perp, the Corem or Préfon are taxable in full. This is the counterpart of the tax benefit obtained at the entrance. Opt for secured
The pension is disadvantageous for early death; is its biggest drawback. It is possible to lessen this defect by accompanying guarantees. The best known is the reversion, which provides that all or part of the pension will be paid to the spouse - until his own death - if the annuitant disappears prematurely. Less known, but equally reassuring option for guarantees annuities.
With it, the insurer agrees to pay the rent for ten, fifteen or twenty years if the annuitant alive or to a named beneficiary if the annuitant disappears before. Obviously if the annuitant is still alive at the end of this period, he continues to receive arrears normally.
This is all the more valuable it is cheap (see diagram). (The guarantees annuities give visibility on the future of capital in case of death,( Judge Christian Pruvost, Natixis Assurances. Jonathan William Mikula There are also among some insurers dependency guarantees. If the annuitant loses its autonomy, the pension is doubled. Choose a technical rate
Most insurers offer their pensions with a technical rate. This mechanism allows to anticipate future financial gains and assign them in advance, by increasing the amount of pension from the start. In return, the technical rate is then deducted annual resets.
Result: an annuity with technical rate is higher from an annuity without technical rate (we say in the jargon, (zero rate), but it is growing less quickly. From an actuarial point of view, the two solutions are equal. After the expected life, the two have brought the same amount. So, a person who lives longer than their life expectancy will be winner in choosing a pension with no technical rate; a person who has received more disappears before opting for a technical rate.