The National Association of Insurance Commissioners is still working on a new model act to ensure the suitability of annuities even though some people were questioning the need for such an act. This information comes from insurancenewsnet‘s article “Plan for New Annuity Model Continues at …
In “The Four Types of Annuities” by Stephen P. Poitevint of The Post-Searchlight, Poitevant explains the four basic types of annuities. Annuity products in general are increasing in popularity because investors want to make sure that their money lasts as long as they do. Fixed …
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 …
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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