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All About Annuities » 2015 » September

Immediate Annuities Pay Sooner, Not Later

Immediate Annuities Pay Sooner, Not LaterNews from FEDweek: An immediate annuity pays out income right away, as soon as it is purchased from the annuity issuer. Sometimes these vehicles are called “payout annuities” or “income annuities.” Payouts from immediate annuities may take several forms. Examples include: * Fixed term. You might receive income for, say, [...]

The Pros and Many Cons of Variable Annuities

The Pros and Many Cons of Variable AnnuitiesNews from ABC News: If you’re middle-aged or older, there’s a good chance that a financial services company will contact you about a variable annuity. These highly complex products are often said to be sold, not bought. Annuities are basically the opposite of life insurance. With life insurance, [...]