The Wall Street Journal’s MarketWatch recently published an article by Anne Tergesen stating that “More boomers (are) buying ‘longevity’ annuities.” While immediate annuities are still a popular choice for retirees, some younger Baby Boomers are purchasing deferred annuities as early as their 50’s, even though …
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 …
Fitch Ratings has re-affirmed its highest rating level to New York Life Insurance Company. This information comes from Reuters’ “Fitch affirms New York Life’s IFS at ‘AAA’.” The Insurer Financial Strength Rating of ‘AAA’ applies to both New York Life Insurance Company and New York …
***UPDATE: For a current list of some of the top fixed annuity rates avialable, visit Annuity FYI’s top picks.*** There is a new fixed annuity product from New York Life with only a three year term. Annuity News Journal’s Christi Roberts introduced the product in …
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