Investment Center
Products: Basics of Investing: Annuities May Be the Tool for You
Annuities can supplement monthly retirement income from IRAs and 401(k) plans or other employer-sponsored retirement plans. Annuities can be a good way to arrange for a monthly income during retirement (or you can collect a lump sum). Some annuities will even guarantee a monthly pay-out for as long as you live, no matter how long you live.
You don't pay income taxes on the accrued interest until you withdraw money from the annuity. However, the contributions themselves – your non-qualified annuity premiums – are not deductible at the time of contribution.
Pay-outs can begin immediately after you open the annuity or can be deferred until a later time when you need income.
With some annuities, you can pass on death benefits to your beneficiaries.
| << Back to Basics of Investing | Back to Top |
The Fair Housing Act prohibits discrimination in housing because of:
- Race or color
- National origin
- Religion
- Sex
- Familial status (including children under the age of 18 living with parents or legal custodians; pregnant women and people securing custody of children under 18)
- Handicap (Disability)
Enforce the Fair Housing Act and other civil rights laws to ensure the right of equal housing opportunity and free and fair housing choice without discrimination based on race, color, religion, sex, national origin, disability or family composition.
Major Goals
1. Reduce discrimination in housing by doubling the Title VIII case load by the end of 2000 through aggressive enforcement of civil rights and fair housing laws;
2. Promote geographic mobility for low-income and minority households;
3. Integrate fair housing plans into HUD's Consolidated Plans;
4. Further fair housing in other relevant programs of the Federal government; and
5. Promote substantial equivalency among state, local and community organizations involved in providing housing.