Comparing Bank Certificates Of Deposit To Fixed Annuity Accounts
If you're looking for a safe and insured fixed-interest account, you'll want to compare fixed annuity accounts to bank CDs. Both offer pros and cons depending on what features are most important to you. The chart below compares the advantages and disadvantages of both accounts side by side. It's important to know that fixed annuities [...]August 7, 2020
Medicare Supplement Discounts
When shopping for Medicare supplement plans, it’s important to know many providers offer spousal and/or household discounts for married applicants – or those who share a residence. These discounts usually range from 5-12% depending on the insurance company guidelines. There are several providers offering supplemental premium discounts to those who qualify. AARP United Healthcare, Aetna, Anthem Blue …
January 26, 2016
Category: Articles, Medicare Supplements
Should I Buy An Annuity?
It depends who you ask. For those selling annuities, the answer is usually yes. For those who only sell competing accounts like stocks, bonds and mutual funds – the answer is almost always no. Most everyone has some skin in the game and they’ll work hard to make the case for their products over others. …
January 18, 2016
Category: Annuities, Articles, Retirement Planning
Qualified Longevity Annuity Contracts
Qualified longevity annuity contracts (QLACs) are popular retirement vehicles for those who want to create a deferred income stream later in life using pre-tax, qualified dollars. Longevity contracts were approved by the IRS in June of 2014 and offer very attractive tax reduction strategies. Many institutions offer these plans, but products like annuities from insurance [...]May 27, 2015
Category: Annuities, Articles, Retirement Planning
An Indexed Hybrid Long Term Care Annuity
If you're looking for asset based long term care plans with supersized growth opportunities, you're in the right place. There are now two companies offering indexed LTC annuity plans. One America State Life issued the first hybrid long term care annuity and EquiTrust recently released its proprietary version. Both credit interest based on the performance [...]January 15, 2015
Category: Annuities, Articles, Long Term Care Insurance