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TIAA-CREF Guarantees Fixed Annuity Holders Equal Income in 2009

The Insurance and Financial Advisor recently reported good news for TIAA-CREF clients with a TIAA Traditional Annuity. An executive VP from the company confirms that the guaranteed fixed annuties will provide payouts in 2009 that are equal or greater to the income recieved in 2008.  According …

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Should You Buy A Fixed Annuity or a CD?

An article by Mark Czachowski, which recently appeared in the Effingham Herald, gives a good overview of the similarities and differences between certificates of deposits (CDs) and fixed annuities. While they are both judged to be relatively low-risk investments, neither is for everyone. A CD …

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Are Your Annuities Protected?

In the December issue of Fortune, Walter Updegrade soothes the concerns of some consumers worried about their annuity investments. Despite the struggling financial markets, so far no major life insurance company has gone under. Even AIG’s insurance subsidiaries have remained largely unscathed! State insurance departments …

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