Annuities are unique investment tools that are sold by insurance companies and provide guaranteed returns and/or income streams as you get older. They are a great way to supplement retirement accounts or life insurance policies while providing a way of deferring taxes in the short or long-term. How do I know the difference between an [...]
September 10, 2020
Category: Annuities
Continue
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
Category: Annuities, Articles
Continue
Annuities serve many purposes, but you might want one to safely and efficiently transfer assets to your heirs. One popular annuity feature offers an increasing death benefit in order to guarantee growth each year. This rider might be appropriate for someone who does not anticipate needing their funds. Perhaps they have ample liquidity and investments [...]
July 17, 2020
Category: Annuities, Retirement Planning
Continue
With increasing interest rates, you may want to know how your business can invest in an annuity account. In most cases corporations, partnerships, trusts, and other entities can own an annuity. This process works much like it would with individual ownership. That's the good news, but there are subtle differences in how these accounts operate [...]
June 8, 2020
Category: Annuities, Retirement Planning
Continue
A commonly misunderstood and/or overlooked annuity feature is the Market Value Adjustment. This provision will influence the value of your account during its term. It can have a noticeable effect on the account should you surrender your annuity early. And in some cases, it can help you exit an underperforming annuity with gains that wouldn't [...]
April 27, 2020
Category: Annuities
Continue
Investors like annuity policies for a lot of reasons, but a new feature is adding even more certainty to these guaranteed products. Some companies are now offering a death benefit rider on their contracts to assure policy growth every year. This optional feature allows your death benefit to grow each year by a guaranteed rate [...]
June 5, 2019
Category: Annuities, Retirement Planning
Continue
We are all working toward a comfortable, financially stable retirement. We want to enjoy more time with our loved ones while immersing ourselves in the activities that bring us peace and joy. The Hyers & Associates team is here to help you achieve your retirement goals. The fact is you need a plan to create [...]
April 23, 2019
Category: Annuities, Retirement Planning
Continue
As an independent agent, I see a lot of misinformation about annuity policies. One of the primary concerns with investors is liquidity. Our clients ask if they can take money from their annuity accounts? Simply put, there are several ways you can withdraw money from your annuity. Many have several liquidity options so you can [...]
March 13, 2019
Category: Annuities
Continue
The Hyers & Associates team works with annuities of all kinds. We will help you understand how these policies are for retirement planning - or as an investment opportunity. Many people want a safe and reliable way to invest their money while retired. An annuity is a smart option worth considering. Understanding their purposes will [...]
February 14, 2019
Category: Annuities
Tags: retirement annuities
Continue
Investing for the future helps people maximize their income during retirement and ensure security in the years to come. With a variety of options to consider, a one-size-fits-all strategy does not work. Consumers must work with an educated agent and do research to make the most sensible choices. A smart approach is to learn about …
June 28, 2018
Category: Annuities
Continue
After years of hard work, people want to retire and relax. To make this happen, people need to plan for their retirement years. There are many ways to save for your golden years. Often it becomes confusing and people wonder what choices to make. Find out the basics about a fixed annuity and reasons to …
June 5, 2018
Category: Annuities, Retirement Planning
Continue
No matter how old you are, thinking about retirement is essential. Not only is employment changing — with more people being self-employed, it’s less likely that you’ll have a cushy pension to fall back on after you retire — but the very existence of retirement benefits like Social Security may not be as stable as …
October 26, 2017
Category: Annuities
Continue
If you’re considering taking out an insurance policy, it’s important to understand the components that go into it. And review the options that you have, starting with one of the most crucial concepts – the annuity. Are fixed annuities a good investment for you to make? Consider how they work to make an educated decision. …
September 28, 2017
Category: Annuities
Continue
If you are shopping for (or own) a fixed index annuity, you likely have your eyes on a few different indices. Fortunately, 2016 was a good year for most markets and many annuity accounts showed positive returns. Posted below, we have summed up the returns of the major indexes (like the Dow, S&P 500, NASDAQ, [...]
January 4, 2017
Category: Annuities
Continue
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
Continue
