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All About Annuities » 2013 » November

Berko: Broker pans equity-indexed annuities, lauds discount brokers

Berko: Broker pans equity-indexed annuities, lauds discount brokersNews from Business Record: Dear Mr. Berko:  My significant other and I are in our early 50s, and in March 2008, we rolled over our 401(k) accounts – which were stuck in some stupid, pitiful mutual funds offered by our company – to a Roth IRA with a [...]

Annuities: Shop Smart

Annuities: Shop SmartNews from Express.co.uk: [PH] Whether it’s shopping around for the best price on a new television or searching for a fabulous restaurant deal, we all love sniffing out a bargain. The truth is we wouldn’t dream of picking up the latest ‘must have’ electronic gadget without scouring the market – so why don’t [...]

Are annuities a bad deal?

Are annuities a bad deal?News from Fox Business: This transcript is automatically generated ANNUITIES ARE MORE THAN A 200-DOLLAR PER YEAR BUSINESS. THE FOLKS THAT SELL THEM. ANNUITIES ARE LIKE A PRIVATE PENSION, THE PURCHASER PAYS FOR IT, GENERATING AN INCOME WHEN YOU RETIRE. OUR NEXT GUEST SAYS IT’S NOT WHAT YOU THINK AND JOINING [...]

3 Reasons to Avoid Annuities

3 Reasons to Avoid AnnuitiesNews from Motley Fool: In recent months, insurers have experienced a new surge of demand for their annuity products, with sales hitting record highs. But as one of the most hotly debated financial products available to consumers, annuities may not be the best option for your investment funds. Here are the [...]

Fixed-rate deferred annuities fuel sales in Q3

Fixed-rate deferred annuities fuel sales in Q3News from LifeHealthPro: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the top of any article. Third-quarter statistics compiled from LIMRA’s Secure Retirement Institute (SRI) underscore the rising popularity of fixed-rate [...]

Annuities As A Retirement Option

Annuities As A Retirement OptionNews from Financial Advisor Magazine: As your clients approach retirement, they have certain funds designated to help supplement their pension and Social Security. They may need these funds to provide income to be constant, reliable and with little or no risk of ceasing. Annuities were designed with these characteristics in mind. [...]

Variable annuities: right or wrong for you?

Variable annuities: right or wrong for you?News from MarketWatch: By Robert Powell, MarketWatch In the main, financial intermediaries, such as insurance agents and stockbrokers, are supposed to make sure that whatever they recommend or sell, including variable annuities, are suitable for you. But if you’re in retirement or nearing retirement, there are going to be [...]

Annuities As A Retirement Option

Annuities As A Retirement OptionNews from Financial Advisor Magazine: As your clients approach retirement, they have certain funds designated to help supplement their pension and Social Security. They may need these funds to provide income to be constant, reliable and with little or no risk of ceasing. Annuities were designed with these characteristics in mind. [...]

Confused about annuities? Bank on it

Confused about annuities? Bank on itNews from Newsday: Retirement Newsday > Lifestyle Published: November 14, 2013 1:23 PMBy PETER KING  pwking@aol.com Photo credit: iStock | While many investment advisers believe annuities are good retirement investments, the FDIC, which regulates the nation’s banks, says be aware that annuities do not qualify for FDIC insurance, even if [...]

Is Rube Goldberg designing indexed annuities?

Is Rube Goldberg designing indexed annuities?News from LifeHealthPro: Winners of the Rube Goldberg Machine Contest circa 2002. AP Photo/Dave Umberger. Rube Goldberg was a cartoonist who was famous for depicting gadgets and inventions that performed the simplest of tasks in extremely complex and convoluted ways. To this day, there are annual contests named in his [...]