All about fixed index annuities, also known as equity indexed annuities, or FIAs. This website provides information regarding the advantages and disadvantages a fixed index annuity and planning for retirement.
After record breaking sales in 2022, Q1 annuity sales for 2023 hit $92.9 billion, a 47% increase. Information from InsuranceNewsNet confirms that this is the highest quarterly sales ever recorded with results from LIMRA’s Preliminary U.S. Individual Annuity Sales Survey. “Market conditions cont...
Using a Fixed Annuity to Obtain More Value from a 401(k) Plan: Employers Can Make Employees and Retirees Aware of the Value of Fixed Annuities.An interview with Chris O'Flinn, president of insurance agency ELM Income Group, is presented. When asked about the importance of promoting fixed ...
A lot of retirees who could benefit from investing in annuities typically steer clear of them, and it is because many Americans underestimate how long they live. …Fixed Annuity/Multi-Year Annuities Fixed Rate Include Multi-Year Guarantee Annuities (MYGAs) and CD-type Annuities Multi-Year ...
for stable retirement options, a fixed index annuity with a simple and transparent design, can help deliver a steady stream of reliable income. This is echoed in the IRI study where 87% of near-retirees said they were likely to purchase a financial product described as a fixed index annuity...
Rates and availability vary by state, so request Today’s MYGA Report for state-specific rates and detailed product information. For purchasing options, call us at 1-800-501-1984. Choose Annuity Investment LengthAll 2 3 4 5 6 7 8 9 10 Company NameProduct NameLenght in YearsGuarantee Rate...
All Fixed Annuity Rates Use the menu to select a term length and view fixed annuity rates for specific durations. Rates and availability vary by state, so request Today’s MYGA Report for state-specific rates and detailed product information. For purchasing options, call us at 1-800-501-1984...
They can sign up for a fixed annuity that promises a certain monthly income for the life of the annuity. Others look to invest in bonds. For example, municipal bonds offer tax free income for the term of the bond. These bonds usually offer a fixed income yield from 3% to 6%. Because...
What is an Annuity? Discussion Comments Bycafe41— On Apr 30, 2011 @Latte31 - Wow what a great way to retire. I wanted to add that getting a reverse mortgage also allows for a fixed income for seniors. I believe you have to be of retirement age to apply and the way that it works...
The annuity will generate a guaranteed income payout for a specified period or for the life of the annuitant. Depending on the contract, the payouts may continue forbeneficiariesafter the annuitant has died, such as a surviving spouse or dependents. ...