There are many advantages in choosing an immediate annuity as part of your retirement portfolio. You can start collecting monthly checks as soon as a month after purchasing the annuity. This money is guaranteed for the term of the annuity; there are many options for …
There are a few factors to consider when weighing your option of annuities for retirement income. Fixed and variable annuities are the two main types offered. With a fixed annuity, you receive interest based on contract terms with the insurance company where you purchased the …
There has been talk lately that gift annuities are not turning out to be the sound investments they should be. An article in the Personal Journal earlier this month highlighted large problems with two charities going under and not paying annuity payments to the donors. …
For the first time in awhile, fixed annuities are selling better than variable annuities. It’s no wonder with a financial marketplace that has been less than stable recently. New York Life sells more immediate fixed annuities than anyone; they have seen an 80% increase in …
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