So for the next 7 to 8 weeks we’re going to be camping out on the fiscal cliff. The view from up here is breathtaking... as in holding your breath. We now have a new definition of what is wealthy in America. The affluent will be paying more in income and capital gains. The revenue generated from the rich may not pay a third of the interest only on the 16.4 trillion dollar debt. But with taxes going up on the wealthy individuals and prosperous businesses, tax advantaged insurance products could be a mainstream investment option just for the tax relief alone. Steve and Eric welcome you to the New Year and present the update on annuity rates.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the number one online author and videographer of insurance content. During his 30-year... More
Lew Nason recently shared that "All successful people men and women are big dreamers. They imagine what their future could be, ideal in every respect, and then they work every day toward their distant vision, that goal or purpose." Brian Tracy
Steve Savant recently shared that What Advisers Should Know About Buying a Home with veteran realtor Mike Bodeen on Steve Savant's Money, the Name of the Game - http://youtu.be/SCAAqh7FkZw