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Annuities are unique investment tools that are sold by insurance companies and provide guaranteed returns and/or income streams as you get older. They are a great way to supplement retirement accounts or life insurance policies while providing a way of deferring taxes in the short or long-term. How do I know the difference between an [...]
September 10, 2020

Category: Annuities

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If you are looking for a safe and insured fixed interest investment account, you should compare a bank CD to a guaranteed fixed annuity account. Both offer pros and cons depending on what features are most important to you. The chart below compares the advantages and disadvantages of both accounts side by side. Annuity accounts [...]
August 7, 2020

Category: Annuities, Articles

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Annuities serve many purposes, but you might want one to safely and efficiently transfer assets to your heirs. One popular annuity feature offers an increasing death benefit in order to guarantee growth each year. This rider might be appropriate for someone who does not anticipate needing their funds. Perhaps they have ample liquidity and investments [...]
July 17, 2020

Category: Annuities, Retirement Planning

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You may want to know how your business entity works with an annuity account. In most cases corporations, partnerships, trusts, and other entities can own an annuity much like an individual would. That's the good news, but there are some subtle differences to how these accounts operate on a tax and operational basis. You'll want [...]
June 8, 2020

Category: Annuities, Retirement Planning

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A commonly misunderstood and/or overlooked annuity feature is the Market Value Adjustment. This provision will influence the value of your account during its term. It can have a noticeable effect on the account should you surrender your annuity early. And in some cases, it can help you exit an underperforming annuity with gains that wouldn't [...]
April 27, 2020

Category: Annuities

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Investors like annuity policies for a lot of reasons, but a new feature is adding even more certainty to these guaranteed products. Some companies are now offering a death benefit rider on their contracts to assure policy growth every year. This optional feature allows your death benefit to grow each year by a guaranteed rate [...]
June 5, 2019

Category: Annuities, Retirement Planning

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We are all working toward a comfortable, financially stable retirement. We want to enjoy more time with our loved ones while immersing ourselves in the activities that bring us peace and joy. The Hyers & Associates team is here to help you achieve your retirement goals. The fact is you need a plan to create [...]
April 23, 2019

Category: Annuities, Retirement Planning

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As an independent agent, I see a lot of misinformation on annuity policies. One of the primary concerns with investors is liquidity. Some critics say annuities offer no liquidity. This is simply not true. There are several way you can withdraw money from your annuity account. Many have several different liquidity options so you can [...]
March 13, 2019

Category: Annuities

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The Hyers & Associates team works with annuities of all kinds and can help you understand how they are used in conjunction with your retirement - or as an investment opportunity. Many people search for safe and reliable ways to manage their money while retired, and an annuity is an option you should consider. Understanding [...]
February 14, 2019

Category: Annuities

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Investing for the future helps people maximize their income during retirement and ensure security in the years to come. With a variety of options to consider, a one-size-fits-all strategy does not work. Consumers must work with an educated agent and do research to make the most sensible choices. A smart approach is to learn about …

June 28, 2018

Category: Annuities

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After years of hard work, people want to retire and relax. To make this happen, people need to plan for their retirement years. There are many ways to save for your golden years. Often it becomes confusing and people wonder what choices to make. Find out the basics about a fixed annuity and reasons to …

June 5, 2018

Category: Annuities, Retirement Planning

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No matter how old you are, thinking about retirement is essential. Not only is employment changing — with more people being self-employed, it’s less likely that you’ll have a cushy pension to fall back on after you retire — but the very existence of retirement benefits like Social Security may not be as stable as …

October 26, 2017

Category: Annuities

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If you’re considering taking out an insurance policy, it’s important to understand the components that go into it. And review the options that you have, starting with one of the most crucial concepts – the annuity. Are fixed annuities a good investment for you to make? Consider how they work to make an educated decision. …

September 28, 2017

Category: Annuities

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If you are shopping for (or own) a fixed index annuity, you likely have your eyes on a few different indices. Fortunately, 2016 was a good year  for most markets and many annuity accounts showed positive returns. Posted below, we have summed up the returns of the major indexes (like the Dow, S&P 500, NASDAQ, [...]
January 4, 2017

Category: Annuities

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It depends who you ask. For those selling annuities, the answer is usually yes. For those who only sell competing accounts like stocks, bonds and mutual funds – the answer is almost always no. Most everyone has some skin in the game and they’ll work hard to make the case for their products over others. …

January 18, 2016

Category: Annuities, Articles, Retirement Planning

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