In the U.S. News & World Report article, “Do You Need an Annuity?,” Phil Taylor goes through the benefits of annuity products in retirement. Annuities came about to ensure that retirees do not outlive their savings. Because of their low risk, fixed annuities are a …
Sammons Retirement Solutions is moving forward with a new variable annuity despite many carriers steering clear of variable annuities. Since interest rates have been low and the stock market volatile, insurers like MetLife and Prudential have lessened their variable annuity business. Sun Life Financial, out …
According to “Retiring in a positive tax climate is only half the battle,” written by Christopher Scalese for The Times-Tribune, fixed and fixed indexed annuities could be great retirement vehicles for Pennsylvania residents. They are lucky to live in a state with favorable tax codes …
While demand for variable annuities is still very high, many insurers are stepping back from them quite a bit. According to Investment News’s Darla Mercado in the article “VA carriers hunkering down,” life insurers have had a hard time hedging their variable annuities with living …
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