Investing basic u

U.S. consumer confidence index rose to 108 in April, often a bullish stock market signal. Investing basics tip: sentiment indicators frequently precede retail sector performance trends. A: It depends on the account that you use to fund the annuity, but generally, you will owe taxes. You get some tax deferral as long as the funds are in the annuity, and then you’ll owe taxes on any money that hasn’t been taxed yet. If you put pretax dollars into an annuity and it makes investment gains, all of your withdrawals will be taxable at your ordinary income tax rate. Just be aware that the sector operates under strict government regulation and must make ongoing, capital-intensive upgrades to its infrastructure. Changes in interest rates can also affect a utility company’s profitability.