A fixed annuity is one popular way to secure an income for retirement, with the main advantage being that the annuity guarantees you a certain amount of income. While some fixed annuities may pay income for the
A fixed indexed annuity is a deferred annuity designed to provide growth potential based on the returns of a market index (e.g., the S&P 500® Index) while providing protection against negative returns of the same market index. In addition, they frequently offer a guaranteed level of lifeti...
Annuities are often used as a part of someone’s retirement plan and can be customized based on a client’s needs. An annuity may pay out over a fixed period of time or it may provide income for the remainder of someone’s life, which is attractive for retirees looking for financial sec...
An annuity is a contract between an investor and an insurance company that can provide a unique combination of insurance and investment features. Annuities can complement other retirement plans and, depending on the annuity type, they may provide guaranteed lifetime income1, guaranteed yield1, market...
Foreclosure may not be the time of your life, but if it’s a time in your life, here’s some information on what it is and how to remedy it.
A period certain annuity pays benefits for a set period of time rather than a lifetime. The payments are provided over a fixed amount of time, such as 10 or 20 years. If you die during the payment period, payments can continue to a beneficiary. However, if you live longer than the pa...
Whole life insurance offers guaranteed cash value growth and a fixed premium, providing lifelong coverage and a death benefit payout. Universal life insurance, on the other hand, offers more flexibility by allowing the policyholder to adjust the premium and death benefit amount. ...
These annuities are designed to provide a guaranteed income stream to the annuity owner for a specified period of time, or for the duration of their lifetime. The income stream is determined by the amount deposited, the age of the annuity owner, the annuity owner’s life expectancy and ...
F&G Annuities & Life was a top 10 seller of fixed annuities in 2023 and came in first place in J.D. Power's 2023 U.S. Individual Annuity Study. Its Performance Pro® Annuity is a fixed index-based account with a $10,000 minimum initial premium and an annual contract fee of just ...
1. Fixed Immediate AnnuitiesFixed immediate annuities typically offer you a ‘fixed’ income stream for the duration of your lifetime by paying you some of your original principal plus earned interest each month. This type of annuity is designed to produce income by liquidating the principal ...