M J Foley General Agency

Did you know if you’re not happy with an annuity you currently have, you don’t have to stay put? You can make a tax-free 1035 annuity exchange and trade in an entire annuity, or part of it, for a better annuity at a different insurance company. If that sounds like you, let’s get together to make a change in your portfolio!

Annuity Exchanges, Full or Partial, Boost Flexibility without Creating Taxes 1035 exchanges let you trade up for a better annuity or trade-in unneeded life insurance.

Immediate annuities are great for Estate Planning when funding life insurance or income for life. On the other hand the immediate annuity can be the kiss of death — no accumulation, no lump sum access. In other words your money is locked in time!

What Is an Immediate Annuity and Is It Right for You? - SavingAdvice.com Blog It can be comforting to know that you'll get a set amount of money each month to support yourself. What is an immediate annuity and is it right for you?

There’s another social security scam on the rise — the Suspended Social Security Number Scam! As with most of these types of scams, they’ve chosen to target older Americans over the phone. They’ll usually call and tell you that your Social Security Number is suspended, or under suspicion, according to Robert Siciliano, a cybersecurity expert for ETF Managers Group in Summit, New Jersey.

"Any call that states your Social Security number is under suspension is a scam," he says. Thieves are hoping you'll be scared and turn to them when they offer help. "In reality, these scammers are trying to steal your information," Siciliano says.

Don’t fall for this scam so you can get your Social Security benefits in a timely fashion without any possible hiccups!

Don’t Fall for the Suspended Social Security Number Scam Follow best practices to keep your identity and savings well-protected.