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A Fixed Annuity with Living Benefits from New York Life

New York Life Insurance Company released a unique fixed annuity product last October without any introduction or fanfare.  This deferred fixed annuity is one of the first to offer guaranteed lifetime withdrawal benefits comparable to those of variable annuities and indexed annuities.  This information comes …

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Don’t Make These 10 Annuity Shopping Mistakes

Stan “The Annuity Man” Haithcock makes an annuity video for us weekly where he rants about certain aspects of the insurance industry.  In his recent Marketwatch article, “Top 10 mistakes by annuity shoppers“, he offers advice to help consumers buy an annuity rather than being …

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The Only Way to Guarantee Lifetime Income Payments, Now or Later

In Kimberly Lankford’s Kiplinger article, “Add an Annuity to Your Retirement-Income Mix,” she says it best with the line “only an annuity guarantees that your income will continue no matter how long you live.”  This is important information that should not be overlooked during retirement …

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What to Know When Considering an Annuity in Your 401k

If you’ve got a 401k plan at work, you probably hear a lot about using annuities within your plan.  Currently, 16% of employers offer annuities within their 401k plans.  Workers are not forced to use them, but many recent studies have found that annuity products …

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