Investing in a $400,000 annuity can provide a steady income stream in retirement, but how much you'll receive depends on ...
As interest rates fell last year, demand shifted from fixed-rate deferred annuities to registered indexed-linked and ...
Limra figures reveal third straight year of record sales, with demand for fixed-rate deferred annuities declining and robust ...
Annuities are back in the spotlight, thanks to the recent market turmoil causing rates to rise. These are pension products that pay a fixed income for life once you are ready to retire ...
However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...
From 2022 to 2024, annuity sales topped $1.1 trillion, according to Limra, a global research organization for the insurance industry. In 2023 alone, annuity sales increased 23 per ...
Here are five questions to ask your advisor or insurance agent before signing an annuity contract. Your annuity may offer a ...
Income annuities offer a different route to retirement security. Instead of building the value of your savings, they provide a guaranteed monthly income which can be for life (the most popular option) ...
When you consider the different methods you can utilize to earn money for retirement, an annuity is often a discussion worth ...
Total 2024 annuity sales were up 12% over 2023, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
Annuities are a financial product commonly associated with retirement planning due to their ability to provide reliable payments over time. But lately, thanks in large part to their potentially ...
If you choose a fixed annuity, you make premium payments monthly while the insurance company establishes the percentage rate at which your account will grow yearly. The growth will never change ...