"Philadelphia Immediate Annuities"
Annuity Rates-Which Options are Best?
The process of comparing annuity rates can be confusing. One of the reasons that many people in Philadelphia find it so confusing to compare rates when shopping for annuities is the fact that there are different types of annuities and each type offers different rates. The first step in comparing annuity rates is to understand the differences between the two basic types of annuities.
An immediate annuity allows you to begin receiving
Read more »
Annuity Rates in Philadelphia
The process of comparing annuity rates can be confusing. One of the reasons that many people in Philadelphia find it so confusing to compare rates when shopping for annuities is the fact that there are different types of annuities and each type offers different rates. The first step in comparing annuity rates is to understand the differences between the two basic types of annuities.
An immediate annuity allows you to begin receiving payments within
Read more »
Winning Powerball ticket sold in Dover - CBS 3
Winning Powerball ticket sold in Dover CBS 3, PA The ticketholder will split a two-state $174.4 million prize with the holder of a ticket bought in suburban Philadelphia . State lottery director Wayne Lemons said Tuesday that the winning ticket holder can choose an annuity worth $87.2 million, ...
...
As the economic recession continues to wreak havoc on retirement savings, increasing numbers of Americans are looking for financial products that
Read more »
Arizona residents claim fraud on EquiTrust annuity
Two Arizona residents have filed a class action lawsuit against an Iowa insurance agency, claiming the company engaged in fraudulent business and marketing practices regarding its sales of indexed annuities. The complaint, filed Jan. 12, claims EquiTrust Life Insurance Co. sold an annuities package that matured after the policyholder’s 105th birthday, thereby protecting the firm from risk, while damaging the financial security of the policyholder... Phoenix Business: Arizona residents claim fraud on EquiTrust annuity
...
Read more »
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
...
Lincoln Financial Group has announced it has combined its two micro-small market
Read more »
The Role of Income Riders on Fixed Annuities
Insurance companies began using the term “income planning” several years ago to promote new and innovative riders on annuities. In only a few years, clients started making decisions about their advisor relationship largely on the advisor’s ability or willingness to plan for income. In the Fidelity Advisor 2006 Survey of Investors at Retirement, seven of 10 baby boomers indicated they wanted to discuss income planning. Less than four of 10, however, had an income discussion
Read more »
Experts Say There Is a Need to Reformulate the Immediate Annuity
The immediate annuity is a double-edged sword. On one hand, the product provides guaranteed income immediately during retirement that can last a lifetime. Financial planners say this makes the immediate annuity a very good thing for people who live beyond their expected life span. People who do not have the financial skills to make their savings last a lifetime, and those who simply want a regular paycheck, should also consider immediate annuities.Experts Say There
Read more »
