Are Annuities Safe Right Now?
Blog
In the midst of these unprecedented times, there is a lot of concern about money – not just everyday stimulus/disaster relief money, but retirement funds and accounts. Conservative investors what know about their best options for growth and safety. Our clients are concerned about reliability, security and a fair rate of return on their deposits. [...]
January 15, 2021
Category: Annuities, Ohio Annuity
What Are The Different Types Of Annuities?
Blog
Annuities are unique investment tools that are used for growth - and to provide guaranteed income. They offer predictable returns and tax deferral and are commonly used to create income streams in retirement. There are different types, however, which carry different levels of risk and reward. Some are more designed for growth and accumulation, while [...]
October 7, 2020
Category: Annuities, Ohio Annuity
What Is An Annuity? Do I Need One?
Blog
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
Comparing Bank Certificates Of Deposit To Fixed Annuity Accounts
Blog
If you're looking for a safe and insured fixed-interest account, you'll want to compare fixed annuity accounts to bank CDs. 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. It's important to know that fixed annuities [...]
August 7, 2020
Annuity With An Increasing Death Benefit
Blog
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 to guarantee annual growth. This rider might be appropriate for someone who does not anticipate needing their funds. Perhaps they have ample liquidity and investments elsewhere. The annuity [...]
July 17, 2020
Category: Annuities, Retirement Planning
Corporate Annuity Accounts
Blog
With increasing interest rates, you may want to know how your business can invest in an annuity account. In most cases corporations, partnerships, trusts, and other entities can own an annuity. This process works much like it would with individual ownership. That's the good news, but there are subtle differences in how these accounts operate [...]
June 8, 2020
Category: Annuities, Retirement Planning
Annuity Market Value Adjustment
Blog
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
Annuities With A Death Benefit Rider
Blog
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 ensure 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
A Guide to Immediate Annuities
Blog
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
Understanding Annuity Liquidity Options
Blog
At our independent agency, we work with all types of annuity policies. One of the primary concerns our clients have is access to their policies. They want to know they can make withdrawals when needed. The good news: There are several ways policyholders can withdraw money from their annuities. Most contracts have several liquidity provisions [...]
March 13, 2019
Category: Annuities
What Are Annuities? How Do They Work?
Blog
The Hyers & Associates team works with annuities of all kinds. We will help you understand how these policies are for retirement planning - or as an investment opportunity. Many people want a safe and reliable way to invest their money while retired. An annuity is a smart option worth considering. Understanding their purposes will [...]
February 14, 2019
Category: Annuities
Tags: retirement annuities
Get the Basic Facts About Choosing Ohio Bonus Annuities
Blog
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
Basics About A Fixed Annuity – Why Invest in Annuities for Retirement?
Blog
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
Quick Comparison Guide to the Best Annuity Options
Blog
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
Are Fixed Annuities a Good Investment For Me to Make?
Blog
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