For the first time in awhile, fixed annuities are selling better than variable annuities. It’s no wonder with a financial marketplace that has been less than stable recently. New York Life sells more immediate fixed annuities than anyone; they have seen an 80% increase in …
For prepared retirees with a 401(k) and/or IRA, consider supplementing your income with an annuity. Annuities are contracts between investors and insurance companies that start with an initial investment. Immediate annuities start releasing monthly payments right away, so they are paid for up front with …
Where are retirees putting their money? Currently, about $2.7 trillion sits in 401(k)s, while only $10 billion of fixed annuities were sold all last year. Fixed immediate annuities will guarantee you a set income for life so here are 8 reasons people are not buying …
Are you interested in an Immediate Annuity? Annuity FYI has a new Immediate Annuity Calculator. This will allow you to get a quote by e-mail or phone, whichever you prefer. An Immediate Annuity allows an investor to receive payments right away, or at a date …
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