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When an Annuity Will Work for You, and When it Won’t

Whenever I see the always present articles asking “Are annuities right for you?,” I get ready to cringe at the “expert” answers.  Depending upon the source of the article, these so-called experts may not know anything about annuities and they typically generalize their responses for …

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Should You Buy An Annuity in Your 20’s?

New York Life Insurance Co. wants younger people to start buying their successful deferred income annuities.  Darla Mercado of Investment News talks about the recent change they’ve made to attract younger investors in “New York Life cuts initial deposit for annuity to attract youth.”  Previously, …

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New York Life Sells $1B of Deferred Income Annuities

The Wall Street Journal’s MarketWatch recently published an article by Anne Tergesen stating that “More boomers (are) buying ‘longevity’ annuities.”  While immediate annuities are still a popular choice for retirees, some younger Baby Boomers are purchasing deferred annuities as early as their 50’s, even though …

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Indexed Annuities and DIAs Are the Stars in 2012

After compiling the annuity sales data from the 4th quarter, LIMRA has released the total year sales numbers from 2012.  According to Insurance Networking News’ Carrie Burns in the article “2012 Annuity Sales: A Mixed Bag,” they are neither all bad or all good.  Fixed …

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