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Guggenheim Life &
Annuity Company
Preserve Multi-Year
Guaranteed
Annuity 10 (250k)

Ten Year Guaranteed
Interest Rate

4.05%
10 Year Surrender Term

Product Profile

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Palladium Century 7

First Year Interest Rate
8.55%¹
10 Year Surrender Term

A (Excellent) Rating
from A.M. Best

Product Profile

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Spirit Bonus (75k)

First Year Interest Rate
(With 4.00% Bonus)

5.66%¹
10 Year Surrender Term

A (Excellent) Rating
from A.M. Best

Product Profile

Request More Information
 

 

 

 

 

Learning about Retirement Annuities

The Internet is full of information about every conceivable subject. Sometimes it can be difficult to wade through so much knowledge. Learning about retirement annuities is no different. A quick search yields hundreds of pages describing retirement annuities, but which sites can you trust? And what kind of information on retirement annuities should you be looking for, anyway?

First of all, you should understand what an annuity is. Retirement annuities are basically insurance for your retirement. What they protect against is running out of money. In exchange for a lump sum, an insurance company agrees to pay you a set payment every month, quarter or year. This retirement annuity can be used to supplement your existing retirement savings; whether they are Social Security funds, a pension or distributions from a 401(k) or IRA.

Where retirement annuities really stand out, however, is that you simply cannot outlive your payments. One of the biggest fears suffered by retirees today is outliving their savings. With retirement annuities, you can depend on a safe, stable income, outside of the government-sponsored Social Security program.

AnnuityAdvantage.com offers many sources of information on retirement annuities. Our Web site offers glossaries, a FAQ and informational pages dedicated to explaining the intricacies of retirement annuities. Also, licensed Annuity Specialists are available by calling 1-800-239-0356. These Specialists can answer your question and explain annuity terms and conditions in detail, so you feel comfortable with whatever product you purchase.

Be careful when searching on the internet for information about retirement annuities. It's an unfortunate fact that there are some shady agents operating online, so a good thing to do is check out the company’s rating with the Better Business Bureau. Another good resource to use is AnnuityAdvantage.com’s free “Second Opinion Service,” which offers an objective look at any type of annuity product that is being recommended to you to purchase by another advisor. Call 1-800-239-0356 today to take advantage of this free service.

 

 

 

 

 

 

 

 

 

 

¹ First year yield/rate reflects fixed rate plus premium bonus or interest rate enhancement.
Interest is based on current rates and subject to change without notice.
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