In an article for Time’s Money Magazine, Darrow Kirkpatrick explained “Why the Right Kind of Annuity Product Can Boost Your Retirement Income.” 1 He says that having income that is guaranteed, inflation-adjusted and lasts for your lifetime is the ultimate retirement goal. Social Security provides …
Single premium immediate annuity (SPIA) products help shield money for one spouse when the the other has to enter a nursing home for care. According to Financial Advisor Magazine’s “Sales of Nursing Home Annuities Soar“, Maureen Nevin Duffy says that these annuities are right for …
Morningstar recently published a video on their website comparing the pros and cons of single premium immediate annuities and deferred income annuities. Neither annuity product is “better” than the other, but each has their benefits and drawbacks for an individual retirement plan. Christine Benz interviewed …
There is big news for Allstate customers who were disappointed earlier this year they announced that they would no longer be selling their fixed annuities. By the end of this year, Allstate will no longer sell their Growth and Income Protector, Income Ready, or RightFit …
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