Annuities and the Economy
The Federal Reserve recently paused in voting for further rate increases as inflation appears to be moderating and revised economic growth is slowing. Whether this is a temporary lull or conversely that the U.S. economy is heading for a soft landing is yet to be determined. There appear to be ...
Annuity interest rates
Yesterday, the FOMC raised the overnight lending rate between banks another quarter point to 5.25%. While their initial statements seemed less hawkish - and the overall markets rallied in response - it is worth mentioning that inflationary pressures still exist to some degree on the US economy. It appears that ...
Long Term Care Annuity
The newest addition to the hybrid marketplace is the long term care annuity. This product functions exactly like a fixed annuity, but has a long term care multiplier built into the policy. There is no premium rider attached to this medically underwritten annuity policy. Instead, a portion of the internal ...
Medicaid Planning
Currently there is much debate in the insurance world about products which can help those looking to qualify for Medicaid. Recently, a life insurance product has been designed to help those wanting to protect assets and still be eligible for governement assistance. We will be discussing this innovative policy, shortly, on ...
