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 [...]
Variable Annuities Variable annuities are a type of investment that is sold by insurance companies. They offer tax-deferred growth and the potential for an income stream during retirement. In this article, we will go over exactly what variable annuities are, how they work, as well as their advantages and disadvantages. A Brief Explanation Variable [...]
Annuity Myths Debunked Annuities are an often-misunderstood investment option. They can be complex, and offer many different features, which scares some away from utilizing them. In this article, we will go over common annuity myths and debunk them. Myth 1: All Annuities Are the Same Annuities have a large range of options. There [...]
