When someone uses the term, Retirement Annuity, they are usually referring to a particular type of annuity product called a Single Premium Immediate Annuity (SPIA). For that reason, and for the purposes of this article, we will be using both... Read more
An immediate annuity is one of the only products available to retirees that provide a guaranteed lifetime income. In other words, once you establish a life payout immediate annuity, the income payments last as long as you do and cannot... Read more
Fixed annuities, also referred to as tax-deferred fixed annuities, are available in many different product designs and configurations, but are at their core, a contract between an owner and an insurance company for an interest bearing policy that includes optional... Read more
A fixed indexed annuity is a type of deferred annuity that credits interest based on the performance of a stock market index, such as the S&P 500. The policyholder’s funds are not actually invested in the stock market, but rather,... Read more
An indexed annuity, also called a fixed indexed annuity, is an insurance contract that provides you with the opportunity to enjoy interest rates that are tied to the performance of a stock market index, such as the S&P 500, without... Read more
Equity Indexed Annuities were first introduced in 1995 as an innovative new product design that allowed individuals to earn interest based on the performance of a stock market index, most commonly the S&P 500, without any of the downside risk.... Read more
There are many reasons why fixed rate annuity products have become such a popular retirement savings vehicle for retirees and pre-retirees seeking to secure a reliable and guaranteed supplemental income for their entire lifetime; here are just four of those... Read more
If you’re exploring annuity options or considering the purchase of a fixed annuity, you’ll certainly want to do your homework. Annuity rates can vary dramatically from one annuity to the next. And, in addition to the stated annuity rate, the... Read more
Doing research is integral when making any type of big purchase. You wouldn’t blindly purchase the first mortgage offered to you, or buy the first car that you see. Researching a product before buying helps to provide you with confidence... Read more
Annuity calculators can be found all over the internet. Most insurance companies and online annuity marketers offer some version of an annuity calculator on their website. These online tools make it easier to approximate how much your annuity will be... Read more
Description Here