Examine the different types of annuities and see if an annuity is the right fit for your retirement portfolio.

Death Benefits and Annuities: Tips and Hints

Annuities are contracts with written contractual provisions which include benefits paid to a named beneficiary. In the event of the annuitant (a person) dies, the proceeds from an annuity are passed to the beneficiary. The beneficiary can be a person or persons, a trust or an organization. If the annuity names a beneficiary, the funds are paid without the need of probate.

By | 2015-05-23T07:38:47+00:00 June 7th, 2012|Annuities, Annuities 101|

Variable Annuities | Tips to fully understanding variable annuities

If you are considering the purchase or if you already own a variable annuity make certain you fully understand how they work. Annuities can be a good decision and they can also be your worst nightmare. The difference depends on how the benefits of a variable annuity can benefit you Listed below are 10 things to fully understand before buying a variable annuity.

By | 2015-05-23T07:43:29+00:00 June 7th, 2012|Annuities, Annuities 101|

Equity Indexed Annuities

The returns from these annuities are based on the increase in the stock or equity index, such as the S&P 500. If stocks go up, you get a share of the profit. If the stocks fall, you won’t lose any money, since your contract assures you minimal returns of principal amount plus pre specified interest (usually 3%). In effect, you have a chance of making a profit, but you are not liable to bear any losses. So who does? And how can someone offer you stock market profits without putting your investment at risk?

By | 2015-05-23T07:47:36+00:00 June 7th, 2012|Annuities, Annuities 101|

Finding the Best Annuity

Annuities were designed to be a tax deferred alternative for conservative investors stuck in between risky direct forays into the markets on one side and woefully inadequate returns from interest accruing retirement plans. Annuities offer a great deal of flexibility to investors in terms of selecting sub-accounts, period and amount of investment, whether or not to take on any risk as also the methods of investment accumulation and distribution.

By | 2015-05-23T07:48:30+00:00 June 7th, 2012|Annuities, Annuities 101|

Using Variable Annuities to Fund a Qualified Plan

Variable annuities are gaining popularity as a funding vehicle for qualified retirement plans. But why would an investor want to put one tax deferred vehicle inside another one? Variable annuities offer much more than tax deferral. Additional benefits include continued income flow even if you exceed life expectancy levels, guaranteed death benefits and expense charge guarantees.

By | 2015-05-23T07:49:53+00:00 June 7th, 2012|Annuities, Annuities 101|

Annuities as an Investment Vehicle

Annuities are investment products with an insurance component based on the financial strength of the annuity issuing insurance company. Annuities offer an attractive alternate option to secure a steady lifetime income stream with flexible options based on the investor's preferences of security and risk. Annuities are also unique in the sense that income from stock market gains and contributions are tax deferred until you decide to withdraw.

By | 2015-05-23T07:50:46+00:00 June 7th, 2012|Annuities, Annuities 101|

Joint and Survivor Annuity

A joint and survivor annuity is held by two or more individuals, usually by husband and wife, under an arrangement wherein annuity payments are made in full while both the contract holders are alive, and at a pre-specified percentage (50-100%) of the full amount after the death of one of the annuity holders. One of the annuity holders is the primary annuitant while others are joint annuitants.

By | 2015-05-23T07:51:44+00:00 June 7th, 2012|Annuities, Annuities 101|

Split Funded Annuities

which provides regular payments for a fixed period, while the latter is an accumulated account which accumulates cash value at interest. The value of the deferred annuity generally equals the combined value of the premiums paid for both annuities by the time the fixed annuity payments dry up. The immediate fixed annuity will provide a [...]

By | 2017-07-30T20:03:33+00:00 June 7th, 2012|Annuities, Annuities 101|