People plan for their eventual retirement to ensure they can enjoy their golden years in comfort and security. Annuities are a popular component of many retirement strategies, particularly with the increasing life expectancy in the U.S. in recent decades. However,... Read more
Comparing annuity rates is no easy task. There are numerous factors that go into determining annuity rates, most of which depend on the type of annuity you choose. However, there are other factors that influence your annuity rate, such as... Read more
Annuities are a financial vehicle that has long been very popular for retirement planning, and people tend to have a lot of questions about how they work. More specifically, those looking into annuities as a retirement income option often wonder... Read more
Even if you’re lucky enough to love your work, the fact is, you’re going to have to retire eventually. This is a major life event on par with getting married or having children, and it’s similarly something that you need... Read more
It would be more accurate to separate immediate and deferred annuities into categories rather than types, since all different types of annuities can be classified as either immediate or deferred. Both immediate and deferred annuities can be fixed or variable... Read more
Planning for retirement is an involved process that can be stressful. Annuities, which are a popular way of planning for your retirement, are often misunderstood. Though not complicated in practice, there is a lot of nuance when it comes to... Read more
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
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