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Many Reasons for the Increasing Use of Deferred Income Annuities

We’ve talked before in this blog about the increasing popularity of deferred income annuity products.  Since 2011, their sales have increased from $211 million to around $2.8 billion last year.  The increasing sales of deferred income annuities have come partly from a decrease in variable …

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Medicaid SPIAs Shelter Savings for Middle Class Couples

Single premium immediate annuity (SPIA) products help shield money for one spouse when the the other has to enter a nursing home for care.  According to Financial Advisor Magazine’s “Sales of Nursing Home Annuities Soar“, Maureen Nevin Duffy says that these annuities are right for …

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Which Annuity Product is More Efficient? A SPIA or a DIA?

Morningstar recently published a video on their website comparing the pros and cons of single premium immediate annuities and deferred income annuities.  Neither annuity product is “better” than the other, but each has their benefits and drawbacks for an individual retirement plan.  Christine Benz interviewed …

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Prudential Introduces Three New Annuity Products

Prudential Annuities has released some new annuity products over the past year and a half.  Each product offers benefits geared towards a specific group of people.  All of the products were designed as alternative ways to save and provide income instead of traditional savings and …

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