As we are always stressing here at Annuity FYI, there are both good annuities and bad annuities. In Steve Vernon’s article for CBS News’ Moneywatch, “The best way to buy annuities for retirement,” he says that annuities hold an important place in your retirement planning …
A new variable annuity and a new benefit option have just been introduced by Prudential Annuities. According to the Prudential Financial press release, “Prudential Annuities Launches Prudential Defined Income Variable Annuity and Highest Daily Lifetime Income v2.1,” these products have been designed to help current …
In “Demystifying Variable Annuities,” Bank Investment Consultant’s David Blanchett explains why a variable annuity with a guaranteed lifetime withdrawal benefit (GLWB) is worth looking into. The GLWB is often referred to as a GMWB, or guaranteed minimum withdrawal benefit. This optional rider guarantees that you …
I think that pretty much all legitimate financial experts agree that you shouldn’t put all of your financial eggs in the same basket. Once you have bought an annuity with some of your retirement savings, it allows for more risk with your other money. In …
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