Fixed Annuities and Retirement As retirement draws closer, having sources of guaranteed income becomes vital. A fixed annuity can prove to be a steady income stream that supplements other retirement resources. In this article, we will go over the basics of how fixed annuities work, and how you can incorporate one into your retirement [...]
IRA vs. Annuity What is the difference between an IRS vs. annuity? They both are a tax advantaged way to save for retirement. On one hand, an IRA is a vehicle that holds assets like stocks, bonds, and mutual funds. Whereas an annuity is an insurance asset designed to produce income. In this article, we [...]
10 Things You Need to Know About Annuities Annuities are commonly misunderstood. But they can be useful investment planning tools. In this article, we will go over 10 things you need to know about annuities to be in a better place to utilize them properly. 1. What is an Annuity? An annuity is a [...]
Frequently Asked Annuity Questions Annuities can be helpful but complex investment vehicles. We want to help clear up some of the mystery. To do this, in this article, we will answer several frequently asked annuity questions. What is an Annuity? An annuity is a financial contract between you and an insurance company. In exchange [...]
Immediate Annuities Immediate annuities are policies purchased with a lump sum contribution. This is then converted into a guaranteed income stream that can last for a set period of time or a lifetime. These income payments begin immediately after the deposit of the initial funds. In this article, we will go over the different [...]
Equity Indexed Annuities Equity-indexed annuities are a type of fixed annuity. They get their name because their interest is partially based on an equities index, such as the S&P 500. They provide an opportunity for higher returns than traditional indexed annuities provide. But they still provide the same risk protection. In this article, we [...]
Pros and Cons of Annuities An annuity is a type of investment product. It can prove to be a valuable retirement tool. In this article, we will examine the pros and cons of annuities so you can determine if one is right for you. Annuity Basics To best understand the pros and cons of [...]
How to Exchange a Variable Annuity If you purchased a variable annuity and found it is no longer the right fit for you, this article will explain how to exchange a variable annuity without becoming subject to surrender taxes or fees. Surrendering an Annuity If you are unhappy with your variable annuity, you may [...]
Mistakes to Avoid When Buying an Annuity There are at least five common mistakes to avoid when buying an annuity. Annuities can be great financial planning and retirement planning tools. But not all annuities are created equal. This article is going to outline these fives mistakes so you can purchase the right contract for [...]
Shopping for an Annuity Shopping for an annuity may seem like an overwhelming and confusing task. But if you ask the right questions you can find an annuity that is right for you. In this article, we will go over the questions you should be asking and what type of answers you want to [...]
