Whenever I see the always present articles asking “Are annuities right for you?,” I get ready to cringe at the “expert” answers. Depending upon the source of the article, these so-called experts may not know anything about annuities and they typically generalize their responses for …
Annuities can be very helpful for many people in retirement. One specific use for an immediate annuity would be for seniors who are entering long term care and have what the government deems too much money to qualify for Medicaid. On the NOLO Law for …
Gift annuities can be used many different ways and meet a variety of purposes. Stan Haithcock wrote a piece for Marketwatch about gift annuities titled “How annuities can benefit your charity.” People leave gift annuities to colleges and universities as well as traditional charities like …
I found an article in Australia’s Investor Daily by Samantha Hodge talking about the purpose of the annuity changing. In “Annuity focus reprioriti(z)ed,” Hodge says that advisors are more focused on battling longevity risk than they are on accumulating more wealth now. I think this …
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