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 …
Jackson National Life Insurance Company has fixed annuities to thank for it’s increasing sales in the first quarter of 2009. While sales of their variable annuities were down compared to last year, sales of traditional fixed annuities almost doubled from the same period last year. …
When buying an annuity, it’s very important that the insurer providing the product is stable. Doing so minimizes the risk that you will lose part or all of your investment. Ratings are a good way to find out about a company’s strength. Here are TheStreet.com’s …
This week, both State Farm and the National Life Group announced that they will stop selling Phoenix Companies annuities. Diane Levick writes in the Hartford Courant that those firms, which combined made up 82% of Phoenix’s 2008 annuity sales, have made this decision because of Phoenix’s recent ratings downgrade …
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