Annuities have long had a place in money management and estate planning. During the Middle Ages, feudal barons and kings issued annuities to cover the high costs of near-constant warfare or reward their loyal soldiers. Over the years, annuities have evolved and have been used for many reasons. Income, savings, and safety are reasons annuities […]
This is a story that most of us have heard before. Previously when you retired from your long-time employer, you received the “wristwatch “and your pension. Your pension plan was provided, even if the watch wasn’t! With the pension, you received a percentage of your income and were given a choice to include your spouse […]
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