There’s a new annuity market player in the game, and earlier this week they announced plans to introduce a contract by June 30. According to a recent ThinkAdvisor article, Ibexis Life & Annuity Insurance Co., plans to focus their first products on fixed annuities. Ibexis …
The popularity of fixed annuities has grown quite a bit recently, and it isn’t hard to figure out why. Tax deferral and guaranteed rates are just two of the perks offered with these retirement planning tools. However, with interest rates at historic lows, many consumers …
Massachusetts Mutual Life Insurance Co. has doubled down on its retail annuities business with the latest acquisition of a major annuity provider. Last Wednesday, MassMutual announced that they would purchase Cincinnati-based Great American Life Insurance Company for $3.5 billion. Great American, which is owned by …
Most of the time, folks weighing the purchase of an annuity ask all kinds of questions. Which type of annuity is best for me and why? What maturity best fits my needs? If I want to dabble in the stock market, should I go “all …
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