The Federal Reserve raised interest rates mid-month last December, which is likely a good thing for the fixed annuity industry. Insurance News Net’s Linda Koco forecasted how the .25% increase would effect the industry in the article “Rate Increase Bodes Well for Fixed Annuity Sales.” …
Although fixed annuity rates are historically low, fixed annuity products still carry value and may provide some financial stability to retirees. In The Motley Fool’s “Fixed Annuity Rates: Dependable Monthly Income,” article author Jordan Wathen refers to fixed annuity products as the “reverse” of a …
I just read another article saying that annuities have more cons than pros. If you put all Americans in a generic group together, that may be the case. But when looking at annuities on an individual level, many of the so-called cons aren’t even valid …
Low interest rates are posing challenges for retirees and have been for quite some time. A lot of research gets done regarding the best investments for retirees to choose when interest rates are low. According to Morningstar’s “Interest Rates and Retirement,” Lewis J. Walker says …
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