Annuities

According to statistics, 15% of baby boomers will not get out of debt in their lifetimes. This presents a huge problem because many baby boomers will end up having to file for bankruptcy due to medical expenses or credit card debt. The main cause of this issue is the bad economy and the fact...
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The total number of assets placed into variable annuities met their all time high during the year of 2010, accounting for $1.5 trillion. The fourth quarter of 2010 showed an improvement of sales in the industry, growing by a total of 18 percent in comparison with the fourth quarter of 2009. This means that...
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AnnuitySpecs.com ran a study regarding the status of indexed annuities, referred to as the Indexed Sales and Market Report. A total of 39 different carriers provided information for the study. This was the 54th edition of the report. This means that the study obtained data from 99 percent of the companies involved in the...
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Due to drastic declines in the stock market and overall economy many people have looked for alternative ways to invest and save for retirement.  One of the most increasingly common retirement investment tools has been to purchase annuities.  These financial products offer customers a guaranteed stream of income, which would last them throughout their...
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Wealthier individuals place money into a pension plan not because they intend to use it for retirement the way that most people think about it. Instead, they use it because of a deduction in taxes. Any IRA owned by a wealthy individual can accumulate quite a bit of money, and it can become quite...
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In most cases, the middle class is typically claimed to be the segment of society most likely to benefit when talk of tax reform is on the table. Currently, however, there has been some talk about eliminating the annuity tax deferral, which doesn’t tax annuities until they form a source of income for an...
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Record breaking sales for two years running have totaled a whopping $32.1 billion for indexed annuities. According to LIMRA’s research reports, this represents a 7% hike in sales since 2009. LIMRA (Life Insurance Marketing and Research) analyzes data from a wide majority of insurance investment companies, and is an industry expert in annuity analysis....
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Indexed annuities recorded historic sales for a second consecutive year, totaling $32.1 billion, according to industry think tank LIMRA. The hike was 7% more than 2009 results, according to LIMRA’s analysis, which follows 96% of annuity sellers’ activities. The success of equity indexed annuities (EIAs) can in part be attributed to growing investor awareness...
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Equity Index Annuities have been around since February, 1995 when Keyport Life developed the concept of providing returns linked to the S&P 500 index with the safety of a standard fixed annuity. An equity index annuity provides a guarantee of principal, a guarantee of a minimum return over time, and the potential for growth...
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The European Union does not regulate investments and investments between member countries. An equivalent of the United State’s SEC oversees the investments and other similar items. While the commission does not have the full force of law, it can make recommendation to the relevant agencies in each country. The commission makes sure the insurance...
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