In The Coloradoan, James Watt stresses the importance of choosing your annuity plans wisely in “Financial planning: Properly chosen annuities offer lifetime benefits.” While it’s true that there are multiple facets to understand about annuities, unfortunately they are all too often misunderstood products. When the …
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 …
Despite a 15% drop in sales of variable annuities over the past year, Matt Ackermann from Financial-Planning.com reports that several insurers are actually increasing their prices! Some are even predicting that variable annuity prices may double in the near future. While it may not make …
While the value of a variable annuity has sunk along with the stock market, it may actually be a good idea to purchase one soon if you’re interested. Marc Ruiz in the Chicago Post-Tribune points out that the variable annuities currently on the market filed …
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