Fixed Annuities

Fixed annuities were once the go to investment for retirees who needed a safe haven for their retirement savings. Interest rates are simply not as good as they once were with fixed annuities and although they are more risky, variable annuity programs are becoming more popular as investment vehicles. The difference between fixed and...
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It seems that the insurance industry is not fond of the name “equity indexed annuities.” They dislike it so much that they are gathering two hundred thousand signatures to get the name changed, including signatures from every CEO involved in the business. If the change goes through, it could end up costing costumers quite...
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Buying an annuity has become a widespread option as investors and retirees search for guaranteed returns in a volatile market. And annuity salesmen have been more than happy to capitalize on this sentiment. However, there are downsides to annuities that are important to consider before purchasing this investment. FEES & EXPENSES Annuities have long...
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Roughly nine out of every ten independent financial advisers expects the demand for conventional annuities to drop. They believe that this will trigger an increase in demand for alternative annuities. These conclusions are drawn in a climate where the annuity prices are sinking. According to the MGM Advantage Annuity Index, rates have fallen by...
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For many years, the primary social program offered by the government to provide income for people in their retirement years has been Social Security. However, because it is a government program it can be subject to the winds of politics. Especially in recent years, some have been howling about the unsustainability of Social Security...
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When thinking about retirement investments, most people find themselves asking it what they have will be enough to support them for the rest of their lives. There are many risks associated with purchasing investments and life insurance and unless you are a seasoned investor with a significant amount of capital to start with, you...
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Aviva currently offers the highest position in terms of annuity rates. They hold the position this month despite the value having dropped by twenty pounds during the month of October. Currently, the level annuity rates sit at 5,970 pounds per year. The drop is especially large when compared to the rate in November of...
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The Jackson National Life Insurance Company enjoyed a boost in sales and deposits during the first nine months of 2010. The boost of 37% in total sales was primarily the result of an increase in sales of the variable annuity (VA) market. This sector of sales experienced a 57% increase, amounting to 10.5 billion...
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A recent study was conducted by the Center for Retirement Research at Boston College to determine if people were actually saving or investing enough into their retirements. They calculated the amount of income that was currently being generated by these individuals and determined how much retirement income would need to be generated to keep...
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Ipsos Survey has recently conducted an online poll of 1,000 workers that had unexpected results concerning retirement plans and annuities. Of these 1,000 people surveyed, three quarters of the respondents stated they would like a fixed rate annuity as part of their 401(k) plan. Of the respondents that did not have a retirement plan...
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