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Understanding Annuity Income

There are a lot of choices when purchasing an annuity, but in general, the guaranteed  lifetime income stream is always the same, according to a recent article from The Street. Author, Stan “the Annuity Man” Haithcock, argues that whether you purchase an SPIA (Single Premium …

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Immediate Annuity Options Alleviate Access Concerns

An annuity is a contractual product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, dispense a stream of payments to the individual at a later point in time. They are one of the few …

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401k Plans May Default Money into an Annuity Product

Many Americans will benefit from using a 401k annuity. By transferring some of your 401k funds to an annuity product, you can guarantee a lifetime income stream that you will not outlive. Some 401k plans are starting to default your funds into an annuity, something …

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The Five Types of Annuities That Can Work for You

People are turning to annuities in droves to help strengthen their financial plan for retirement. Barbara Freidberg wrote about the “5 Best Annuities for Your Financial Plan” in a recent article for Go Banking Rates. Annuities are a strong retirement income option because state insurance …

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