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| Now's the time to buy an annuity ��� but hurry while the bargains last Anyone approaching or reaching retirement in 2008 stands to be one of the few winners of the credit crunch. While rising interest rates, soaring inflation and a drought in the borrowing markets have all been bad news for most of us, one positive side effect is that annuity rates are now at a six-year high. Bank annuity commissions and fees up 13 percent Bank annuity commissions and fees hit $539.6 million in the first half of 2008, up 13 percent over the $476.9 million earned during the same six months last year. Income earned from the sale and servicing of mutual funds and annuities was $2.86 billion, down 0.9 percent from $2.86 billion in 2007, according to the Michael White-Symetra Bank Fee Income Report. PNC MassMutual Enhances Variable Annuity Portfolio, Providing Greater Retirement Income Options Massachusetts Mutual Life Insurance Company announced today several enhancements to its variable annuity product portfolio, including expanded investment choices from well-known firms and a shorter contingent deferred sales charge . MID-SHORE: Easton man pleads guilty to tax evasion BALTIMORE ��� An Easton business owner pleaded guilty today in the U.S. District Court to evasion of income tax and bank reporting requirements. Bank annuity commissions and fees up 13 percent Bank annuity commissions and fees hit $539.6 million in the first half of 2008, up 13 percent over the $476.9 million earned during the same six months last year. PNC BAC Charter Oak Bank Records Deferred Tax Asset Charter Oak Bank, OTCBB:CHOB headquartered in Napa, California has eliminated its deferred tax asset valuation allowance resulting in increased earnings of $800,000 for 2008. Prior to 2008, a deferred tax asset valuation allowance was established as it was not likely based upon past earnings that the deferred tax asset would be realized. Now that the Bank has become profitable, it is now more ... Annuity cuts bad news for pensions ANNUITY rates are heading down again after reaching a six-year high, pension investors have been warned. Seven of the biggest annuity providers have announced rate cuts in rec Backers of tax question have just $24,753 in bank Supporters of a ballot question that would eliminate the state income tax in Massachusetts reported having just $24,753 in the bank heading into the final push before Election Day. Charter Oak Bank Records Deferred Tax Asset NAPA, Calif.----Charter Oak Bank, headquartered in Napa, California has eliminated its deferred tax asset valuation allowance resulting in increased earnings of $800,000 for 2008. Prior to 2008, a deferred tax asset valuation allowance was established as it was not likely based upon past earnings that the deferred tax asset would be realized. Billions to flow into new tax-sheltered savings accounts: survey Canadians - rich and poor, and young and old - will stash a projected $20 billion in the coming year and $115 billion over the next five years into a new tax-sheltered saving plan, which offers something for everyone, a major bank investment house projects. || Total News Items Found: 10 || |