Understanding Variable Annuities: Pros and Cons

If you fully understood variable annuities you wouldn't consider owning one Don't take my word for it, read about then from the industry watchdog FINRA: http://www.finra.org/industry/variable-annuities   Like all annuity options, variable annuity pros and cons drive the decision-making process. If you are considering the purchase of a variable or fixed annuity or if you already [...]

By |2019-02-27T21:16:56+00:00February 28th, 2019|Annuities|

To Be Or Not To Be: What Is An Annuity?

A guarantee or a guess, which would you choose? Guarantees or a future guess, which would you choose? Annuities are annuities. The term annuity, when used as a noun, can mean two entirely different products. According to Investopedia, the definition of an annuity is: An annuity is a contractual financial product sold by financial institutions [...]

By |2019-02-19T16:05:29+00:00February 27th, 2019|Annuities|

Strategic Planning with Annuity Riders

Annuity riders increase a purchaser’s payout options and some insurers offer annuity rider incentives by matching contributions or through bonuses with the purchase of an annuity. However, riders cost extra and involve a risk. They also can be quite complex and confusing. The decision to purchase an annuity is an important one, and one that requires knowledge and strategic planning.

By |2019-02-27T19:49:18+00:00February 27th, 2019|Annuities, Annuities 101|

Rating and Comparing Annuities

An annuity is a long-term financial contract, and permanent whole life insurance purchased as an alternative to annuities is also a commitment that could last for several years. Investors who wish to make a good decision can help themselves choose well by consulting annuity rating agencies in order to make an informed buying decision.

By |2019-02-27T18:13:15+00:00February 27th, 2019|Annuities, Annuities 101|

Keeping the Interest Rate Field Level with Annuities.

Years ago the state insurance regulators made annuity companies change their rules when they were in a position to make “windfall” profits. Much like the gas and oil boom in the 1980s, already producing oil wells could make substantially more from the same well, so the federal government imposed the “windfall” profits oil tax act.

By |2019-03-06T07:29:25+00:00February 25th, 2019|Annuities|

5 Things Every Baby Boomer Needs To Know About Annuities

Baby Boomers can benefit from these myths and truths.   Myths and Truths about Annuities We all remember stories from our childhood which turned out to be nothing more than a myth.  There are several categories of these stories; of course, there is the truth, but also legends, folk tales, and superstitions. When it comes to [...]

By |2020-04-07T21:18:41+00:00February 24th, 2019|Annuities, Annuities 101|

Ask Questions To Find The Best Annuity For You

Questions can help you make the best decisions for retirement choices Questions can be your strongest asset when considering your important retirement money. Asking how, what, when, where and why can lead to dramatic results when asking about money. • How are my vital retirement funds going to respond to market risk? • What are [...]

By |2019-02-19T16:05:55+00:00February 22nd, 2019|Annuities|