In a recent special for USA Today, investorplace.com’s Jeff Reeves asked “Can an annuity act as your pension plan?” The short answer is yes. The majority of Americans would rather have the cushy and simple pension plans of decades ago, but unfortunately those pensions are …
Now is not a great time to invest in bonds for long term retirement planning. The market conditions are not favorable because bond prices have been dropping as bond interest rates have been increasing. Many people turn to stocks when bond pricing is not favorable. …
2015 was a record breaking sales year for fixed indexed annuity products, especially in the fourth quarter. Nationwide Financial and AIG had the largest gains last year in indexed annuity sales. Investment News’ Greg Iacurci summarized last years winners and losers in the article “Nationwide, …
Variable annuities have not been getting a lot of positive attention recently. Between the companies who have stopped selling variable annuity products altogether to the others who have dropped lifetime income guarantees and other features, it’s been a tough go for the variable annuity industry. …
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