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Harry Gross: Annuity might well have been a misstep (The Philadelphia Inquirer)

Dear Harry: I am 66. While I was in Florida recently, a good friend of my aunt's sold me an annuity as an ideal investment. I trusted him completely. Now that I'm back home, a good friend examined the policy and told me it was anything but a good investme
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Lincoln Financial Group Enhances Its Lincoln Director(SM) Retirement Program (PR Newswire via Yahoo! Finance)

Lincoln Financial Group has announced it has combined its two micro-small market group variable annuity offerings, Lincoln Director and Lincoln American Legacy Retirement, to create an enhanced program aimed at providing employers with a comprehensive retirement plan that will best suit the needs of their employees.
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Lincoln Financial recruits Plymouth Meeting Firm - IFAwebnews.com

Lincoln Financial recruits Plymouth Meeting Firm IFAwebnews.com, MD - 21 hours ago Lincoln Financial Group, headquartered in the Philadelphia region, offers annuities , life, group life and disability insurance as well as 401(k) and 403(b) ...
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Annuity Payouts That Rise With Cost of Living

Immediate annuities are attractive because they promise a guaranteed level of income for life, no matter what happens to the stock market or interest rates. But your fixed payout will buy less when the cost of living rises. To combat that concern, several companies are starting to offer immediate annuities that increase the payout to keep up with inflation. Some raise payouts automatically by 3% or 5% a year. Others tie payouts to changes in the consumer price index. But this feature comes at a big cost: The payouts start much lower than they do with the fixed version... Kiplingers:
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