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When an Annuity Will Work for You, and When it Won’t

Whenever I see the always present articles asking “Are annuities right for you?,” I get ready to cringe at the “expert” answers.  Depending upon the source of the article, these so-called experts may not know anything about annuities and they typically generalize their responses for …

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Immediate Annuity Can Help Spouse Qualify for Medicaid

Annuities can be very helpful for many people in retirement.  One specific use for an immediate annuity would be for seniors who are entering long term care and have what the government deems too much money to qualify for Medicaid.  On the NOLO Law for …

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New Gift Annuity Allows You More Control

Gift annuities can be used many different ways and meet a variety of purposes.  Stan Haithcock wrote a piece for Marketwatch about gift annuities titled “How annuities can benefit your charity.”  People leave gift annuities to colleges and universities as well as traditional charities like …

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Immediate Annuity Income Steady for Decades

In the Financial Post’s “The search for shelter,” Fred Vettese questions if investors are willing to sacrifice some return for guaranteed income in retirement.  Based on the responses to his previous articles, investors aren’t always fond of annuities or the insurance companies who sell them.  …

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