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Annuities May Be the Best Bet for Those Losing Pensions

According to the Pension Rights Center, 2009 is on track to have substantially more companies freezing the pensions of their employees than 2008.  Soon to be retirees really need to look over their options with a fine toothed comb.  The economy is likely to recover.  …

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Q4 Fixed Annuity Sales Up 79%

Limra International says that fixed annuity sales increased by 79% in the fourth quarter of 2008, according to the Wall Street Journal’s Leslie Scism. The jump is credited to olders individuals fearing that the current market turmoil will torpedo their retirement funds. Fixed annuities are considered …

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