Important Changes in Variable Annuities
Wall Street Journal reporters Leslie Scism and Liam Pleven recently highlighted the modifications made by insurers to variable annuity benefits. These annuities have been very popular with baby boomers looking…
Variable & Fixed Annuities: Good Recession Investment
The incoming Obama administration will likely increase taxes on individuals in higher tax brackets. Gail Liberman from the Palm Beach Daily News suggests that annuities are a very good option…
Nationwide: Historic Rates for 10-Year Fixed Annuity
Nationwide has raised their 10-year fixed annuity rate to a historic 7%. Currently, this rate is 3.62% higher than the 10-year Treasury rate. Review our fixed annuities comparison page for…
MassMutual Suspending Sale of GMIB
MassMutual has announced that it will be suspending sales of its Guaranteed Income Plus 6 rider on December 2, 2008. Features include… -Guaranteed 6% annual compounding rate -Immediate withdrawals -Annual…
