Comparing Bank Certificates Of Deposit To Fixed Annuity Accounts
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
Medicare Supplement Discounts
When shopping for Medicare supplement plans, it’s important to know many providers offer spousal and/or household discounts for married applicants – or those who share a residence. These discounts usually range from 5-12% depending on the insurance company guidelines. There are several providers offering supplemental premium discounts to those who qualify. AARP United Healthcare, Aetna, Anthem Blue …
January 26, 2016
Category: Articles, Medicare Supplements
Should I Buy An Annuity?
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
Qualified Longevity Annuity Contracts
Qualified longevity annuity contracts (QLACs) are popular retirement vehicles for those who want to create a deferred income stream later in life using pre-tax dollars. Longevity contracts were approved by the IRS in June of 2014 and offer very attractive tax reduction strategies. Many institutions offer these plans, but insurance companies are uniquely suited to …
May 27, 2015
Category: Annuities, Articles, Retirement Planning
An Indexed Hybrid Long Term Care Annuity
If there is a knock against fixed annuity accounts lately, it’s low interest rates. The Federal Reserve has kept rates low for several years to spur economic growth. In turn, the stock market has provided much higher returns than most fixed interest investments. In response to the overall economic climate, State Life has issued the …
January 15, 2015
Category: Annuities, Articles, Long Term Care Insurance