As stated in an article in the Latah Eagle, “Income annuities can help fill the retirement income gap.” Many retirees will have a fixed stream of income from 401(k)’s, pensions, or promised Social Security payments. Unfortunately, all too often these planned sources don’t cover retirees …
Many consumers ask what guaranteed lifetime withdrawal benefit features are the best to have. The article “Which GLWB Is ‘Best?’” by Jack Marrion of National Underwriter seeks to answer this question. The purpose of the GLWB is twofold: erasing the fear of running out of …
Deferred fixed annuity sales grew by close to 60% last year, according to an article by Janet Kidd Stewart in the Chicago Tribune. It’s really no surprise as life expectancies continue to rise and many people’s life savings dwindle. Northwestern Mutual Life Insurance Company actually …
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 …
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