In USA Today’s article “Your Money: Some companies offer 401(k) annuity option,” Sandra Block explains how you can avoid the possibility of outliving your income. It’s quite hard to determine how much money to withdraw from savings during your retirement. You risk not being able …
Prudential Financial Inc. and American International Group Inc. contributed to the United States’ largest variable annuity sales increase since 2007. According to Bloomberg’s “Variable-Annuity Sales Rise 11% as Prudential, AIG Post Gains” by Inyoung Hwang, the $35.5 billion in sales was an increase of 11% …
According to California’s Daily Breeze article “MONEYWISE: Looking into the renewed interest in investing in annuities,” Stephanie Enright says that the government’s interest in promoting annuities has sparked an increased interest from investors. Annuities are most often issued by insurance companies and grow over time …
Many Boston Globe readers have an increased interest in purchasing an immediate annuity, according to Humberto Cruz’s “When you buy can affect how much you will pay for an immediate annuity.” Immediate annuities turn a lump sum payment into a stream of income you’ll receive …
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