Certificate of Deposit vs. Fixed Annuity
Get a Quote »If you are in need of a safe and insured investment that will guarantee interest for a desired number of years, you should consider both a fixed annuity account and a bank certificate of deposit.
Both offer pros and cons depending on what features are most important ...
Current Annuity Interest Rates
QuotesFederal Reserve recently lowered key interest rates in order to battle the current credit crisis. This is not good news for bank investors who have relied on certificates of deposit and money market savings accounts to save and/or generate income. When inflation is factored in, most bank instruments returns are at historical ...
Income Annuity Accounts Explained
QuotesConsumers who need a guaranteed, stable monthly or yearly income will establish an immediate annuity account. Also know as an annuitization or an income annuity, these accounts provide a systematic payment for a specified period of time to the owner and the named beneficiaries. The payments will consist ...
Investment Safety
Annuity QuotesThe most recent market turmoil has many conservative investors second guessing their investment decisions. Those near or in retirement have witnessed significant losses to their IRA, 401(k) and 403(b) retirement accounts. When the market crash of 2000 is factored in, many retirees have experienced an overall loss ...
Qualified and Non Qualified Annuity Accounts Explained
Get a Quote »Regardless of the type of annuity account you own (fixed, indexed, immediate, or variable) it will fall into one of two categories; qualified or non qualified. This is to say that an annuity cannot be both qualified and non qualified. It is one or ...
Long Term Care Examples - Traditional and Hybrid
Traditional Long Term Care
Until recently, Ohio consumers had few choices when it came to long term care insurance (LTCi). Traditional policies, which provided a certain amount of selected coverage, were the norm. Policies could be designed to cover care expenses for a few ...
Wealth Transfer Using Life Insurance
Wealth transfer and asset protection are important topics for many baby boomers and seniors. Consumers want to learn efficient ways to maximize the distribution of assets to their spouses, younger generations and favorite charities. A will and/or a trust can assign assets to beneficiaries, however these estate-planning tools are not ...
Whole Life or Term Life Insurance?
Life QuotesLife insurance shoppers want to know: What is the difference between whole and term life insurance and what type of policy should they purchase? The answer is usually simple depending on the life needs circumstances.
Listed below are life insurance explanations as well as recommendations for purchasing a life policy, ...
The Boom Market Goes Bust
The S&P 500 - January’s first trading day in 2007: 1268.80
Many investors entered 2007 with positive expectations for the year ahead. In fact, a substantial number of large cap companies reported double digit income growth in the first quarter of the year. Pundits immediately chimed in with rosy prophecies of ...
