At first glance, annuities may seem like the Swiss Army knife of retirement planning — abounding in helpful features. While they can’t help you open a can in the Alps, they can help provide guaranteed ...
Insurance companies offer annuities to individuals looking to augment their income during their golden years. Those who enter into an annuity contract pay a certain amount of cash either in a lump sum ...
Annuities are financial products that give you a steady income stream when you retire. You can contribute to these insurance products with tax-free dollars and then pay taxes when you receive ...
Annuities give you a guaranteed stream of income in retirement, but they aren’t created equal. With hundreds of annuities in the market to choose from, some will cost you more than others. It doesn’t ...
Learn how to find the right annuity for your financial situation, risk tolerance, and retirement strategy Nick Gallo has been a financial content marketer and journalist for over six years. He has ...
Annuities can guarantee you lifetime income, but they have their drawbacks. Ramsey isn’t a fan of their high fees and commissions. A fixed annuity may also do a poor job of keeping up with inflation.
Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...
Annuities can help secure financial stability in retirement. Annuities can be passed to beneficiaries, allowing you to pass them to the people or charities you care about. These vehicles can be ...
What’s the key to a successful retirement plan? In my opinion, it’s having a balanced and diversified portfolio. “It’s all about striking the right balance between preservation and growth,” says ...
Insurance companies have been launching a barrage of annuities, new commission structures and platforms-aimed directly at fee-based and fee-only advisors. It could be starting to have an impact. Ten ...
Fee-based annuity sales are finally growing significantly. ORLANDO – Sales of fee-based annuities are growing significantly, but at $8 billion, remain just a small portion of overall annuity sales.