Income Annuity
An income annuity is exactly what its name describes. These annuities turn some, or all, of your savings into a payment stream. The payment stream is almost always a monthly check. Obviously the amount you put in and how long you want the payments to last dictates the size of the monthly payments. Read More…
Deferred annuities are annuity contracts that delay payments of income, installments or a lump sum until the individual elects to receive them. Hence, the title deferred annuities. One of the many advantages of tax deferred annuities is the tax bracket you’re in when you start receiving the income payments. Read More…
Single Premium Annuities
To make sure things are truly simple a single premium is an easy concept to comprehend. It means you pay the insurance company one time and have a contract for life. You can either start receiving payments immediately or defer your income for a number of years in the future. Read More…
Annuity Quotes
Annuity quotes may be one of the most important quote you ever received in your investment career. The reason is simple. According to current mortality tables, if you are the average 65 year old American, you will live an additional 18 years. Statistics show that a large number of retirees will live much longer. Because Americans are living longer, they are very concerned they will outlive their retirement income. Given the current state of affairs in the stock and real estate markets, these people have very real reasons for concern. Read More…
Fixed Annuities
Fixed annuities are insurance contracts in which the insurance company makes fixed dollar payments to the annuitant for the term of the contract. The annuitant is the person receiving the payment and the term is usually until the annuitant dies. Read More…