Fidelity Investments recently teamed up with New York Life to launch the new deferred variable annuity product, the New York Life Premier Variable Annuity–P Series, featuring the Investment Preservation Rider. The new annuity provides investors with growth potential while ensuring guaranteed principal protection. According to …
Fidelity Investments has recently announced the launch of IncomeSource®, a Single Premium Immediate Annuity underwritten by two Western & Southern Financial Group member companies. The first of it’s kind for Fidelity, the immediate annuity allows individuals to convert a lump sum of money into guaranteed …
Fidelity Investments put out a press release yesterday letting consumers know that they have extended their product line due to demand from pre-retirees. They will now be offering deferred income annuities to go along with their immediate income annuities. With 7,500 or so people turning …
On The Huffington Post, Dan Solin writes that immediate annuities are a less publicized yet suitable investment for retirees or those about to retire. He cites evidence that people who invest in an immediate annuity as part of their retirement portfolio are less likely to …
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