In an effort to attract investors who are looking for low risk, long-term retirement income solutions, American International Group, Inc. (AIG) recently announced the launch of Assured Edge Income Builder. According to a recent article from InsuranceNewsNet, the new fixed annuity product is issued by …
Even though the stock market is winding down another good year, there are still many reasons why many retirees are concerned about outliving their savings. The recent rise in interest rates have undermined bond prices, and with additional rises expected, it isn’t hard to understand …
There are a lot of choices when purchasing an annuity, but in general, the guaranteed lifetime income stream is always the same, according to a recent article from The Street. Author, Stan “the Annuity Man” Haithcock, argues that whether you purchase an SPIA (Single Premium …
Last week, the LifeHealthPro Editors summarized the IRI’s second quarter annuity sales report and found that “Annuity sales (are) trending slightly up year over year.” The Insured Retirement Institute based their report on information from Beacon Research and Morningstar Inc. Second quarter total annuity sales …
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