Asking about the difference between life insurance and annuities is common. The most common difference between life insurance and an annuity is that life insurance helps provide financial security to your loved ones if you pass away. Annuities provide either... Read more
Nearing or at retirement age and want a strategy for retirement income? Income annuities might be the right answer for you. But how can you tell for sure? In this article, we’re discussing what income annuities are and how they... Read more
Annuities offer powerful tax benefits to those planning for, or entering retirement. Unlike money market accounts, savings accounts, certificate of deposit (CDs), and most bonds, annuities carry the potential to create tax-deferred accumulation. For example, interest earned in a deferred... Read more
Deferred income annuities are types of deferred annuities that guarantee lifetime monthly incomes starting at a future date specified in their contracts. The chief purpose of a longevity annuity is to efficiently protect a portion of your assets that are... Read more
Buying a fixed-rate guaranteed (MYGA) annuity can be an effective strategy for accumulating funds on a tax-deferred basis that can be converted to income during your retirement. As with other annuities, you purchase a MYGA annuity by submitting a completed... Read more
There are several types of annuities that you should be aware of while trying to choose a vehicle for your retirement funds. Annuities can be immediate or deferred and they can provide fixed or variable returns. In this article, we’re... Read more
Deciding whether annuities are a smart financial decision comes down to where you are in your retirement journey. For example, fixed annuities are secure financial products and should be a consideration for anyone looking to maximize their retirement portfolio. However,... Read more
Nearing retirement is an exciting time filled with new plans and possibilities. But before you decide on your vacation home, you need to figure out how you’re going to fund your golden years. With retirement comes freedom, but for most... Read more
Should you buy an annuity within a traditional IRA? That’s the topic of discussion in a recently published story by Tim Grant of the Pittsburgh Post-Gazette. In the article, AnnuityAdvantage Founder and CEO, Ken Nuss, is quoted extensively. Here are... Read more
The following are excerpts from a FOXBusiness article titled, “What Rising Interest Rates Mean for Annuities,” by Casey Dowd. “Annuities can serve to be an important leg in your retirement portfolio no matter what the current interest rates are. It... Read more