Annuities

A deferred annuity is a contract with an insurance company that’s designed to generate income for retirement. The main difference between a deferred annuity and an immediate annuity is that while the latter starts monthly or annual payments immediately, with a deferred annuity investors have the option to delay payments indefinitely.  During this time, any […]

If you’re thinking about ways to maximize your retirement income and ensure you don’t give away more than you legally need to come tax time, annuities are a viable option to consider.  But wait, annuities are not a simple black and white issue, especially when it comes to retirement and taxation. You want to be

Annuities allow people to receive steady payments after they retire. These payments can be sizable, especially if the annuity has been given ample time to mature. Besides regular payments, annuities also grow despite how the markets perform, unlike pension funds or 401Ks. In short, annuities benefit their owners in more ways than one. However, many

You’re preparing for retirement and wondering if you should invest in annuities. These insurance products are investments designed to bolster your retirement in order to provide you with a regular, guaranteed income for the remainder of your life.  Annuities can be a great investment, however, purchasing them should not be taken lightly. There are multiple

Annuities can be a reliable source of income during retirement. That much you know. But it’s everything else you may hear or don’t hear about annuities that have left you confused, wondering if annuities are a good investment. Depending on who you talk to, you may hear completely contrary opinions. Most insurance agents will lift