Enhanced annuities: These pay out at a higher rate than standard annuities. They’re usually for people with particular health or lifestyle issues. You can find out more about these and other options in ourTypes of annuityarticle. Ourannuity calculatoris a handy tool that will help you see h...
Recently, another financial adviser evaluated it for me and explained what those percentages translated into dollar amounts. I was appalled! What are my chances for cancelling this annuity? I had no idea what it would cost me, therefore I want my money back and without the surrender fee ...
The S&P 500 lost about 50% of its value in the Great Recession of 2007–2009. While a 10% buffer might take some of the sting out of the market losses, it won’t protect you entirely. Alternatives to indexed annuities FIAs and RILAs are not the only options for investors ...
Potentially better investment returns are available with other retirement options. If you cash in your annuity before the end of the term you may get back significantly less than the guaranteed value. The higher the income, the lower the amount paid as a guaranteed maturity value at the end of...
Call Options In essence, the accumulation value engine on an index annuity is a call option, a legal wager; I guess to say, hey, the market will go up, and I want to make sure that I capture that up. An indexed annuity limits those gains; you’re not going to get all of it. ...
In early March 2019 I contacted Life Annuities.com to explore annuity quotations. They patiently answered my questions and explained the matters I needed to be concerned about. They then sent me a table of quotations for all the companies and comparing the numbers was very easy. I recommend Li...
I explained (above) that TIAA pays generous salaries to its call center representatives which are not that different than the commissions an insurance agent might earn. So just because TIAA doesn't have a commissioned sales force it doesn't mean that TIAA avoids personnel-related costs in its ...
When shopping around for an annuity one in every three people choose us. Annuity options Considerations Compare products Get advice A fixed or increasing incomeYou can choose a fixed income that always stays the same or set your income to increase every year to help you keep up with ...