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PHILADELPHIA ANNUITY
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How Well Do You Know... Fixed Annuities?
Back before 2008's cruel lessons about the stock market, many individual investors saw little reason to bone up on boring subjects like fixed-income investments and annuities. And what was less attention-grabbing than the combination of those two topics, the fixed annuity? Nowadays, boring is better to many investors burned in stock mutual funds. Indeed, sales of fixed annuities soared 79% in the fourth quarter, according to consulting firm Limra International. In a recent quiz, we focused on variable annuities. This month, we examine the fixed variety, helping you understand the appeal and the pitfalls... WSJ: How Well Do You Know...
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UNIFI Advantage Elite Targets $3+ Million Market
UNIFI Companies Retirement Plans has announced a new offering targeting the $3 million -$20 million retirement plans market. According to a press release, UNIFI Retirement Advantage Elite is a new addition to the UNIFI Retirement Advantage Series of retirement plans’ group annuity products issued by Ameritas Life Insurance Corp. and The Union Central Life Insurance Company... /Plan Adviser: UNIFI Advantage Elite Targets $3+ Million Market
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Prudential Enhances Its Annuity Optional Benefits
Prudential Annuities has expanded the availability and enhanced the minimum income guarantees of the suite of options available with its variable annuities. Its Highest Daily Lifetime 7 Plus optional living benefits, which can be bought for an additional fee with a variable annuity from Prudential issuing companies, is now available for investors as young as 45. The suite of options lock in the highest daily value, for income purposes, of an investor’s annuity contract each day the market is open. Prudential Enhances Its Annuity Optional Benefits Source: Financial-Planning.com
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Harry Gross: At 56, he's all worked out and ready to dip into his IRA - Philadelphia Daily News
Harry Gross: At 56, he's all worked out and ready to dip into his IRA Philadelphia Daily News, PA Fortunately, you'll have no penalty because you intend to take the money on a regular basis at least annually in some sort of annuity fashion. My vote is to stay where you are. The administrator has done very well not to have been hurt severely by the ...
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