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Annuities Receive Attention in a Proposed Bill

The Retirement Security Needs Lifetime Pay Act, or H.R. 2748, was introduced this week by Rep. Earl Pomeroy (D-N.D.) and Rep. Ginny Brown-Waite (R-FL).  This news comes from “Bill would let seniors take retirement funds through annuity” by Darla Mercado of InvestmentNews.  Basically, retirees could …

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Annuity Withdrawal Advice

People everywhere are finding themselves in need of money fast due to difficult economic times.  The CEO and President of NAVA, The Association for Insured Retirement Solutions, Cathy Weatherford has advice for people in this situation.  Before taking any action, consider the following tips. Talk …

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Fixed Annuity Sales Results

According to a press release by Beacon Research, fixed annuity sales estimates in the U.S. for the first quarter of this year were $34.9 billion.  The Fixed Annuity Premium Study comprised of data from 53 insurance companies, which account for about 86% of this market.  …

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Charity-Gift Annuities…prudent or illogical?

There has been talk lately that gift annuities are not turning out to be the sound investments they should be.  An article in the Personal Journal earlier this month highlighted large problems with two charities going under and not paying annuity payments to the donors.  …

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