Does Medicare Cover Long-Term Care?
Recent studies estimate that at least 70% of older adults aged 65 years and older will require long-term care at some point. Long-term care costs vary throughout the country, but according to the ...
News about annuity
Are Annuities a Good Investment for Retirement Planning?
Retirement planning should be an essential aspect of each individual’s life. The timing and tactics are often quite varied. Still, it is something that every person needs to make an effort to ...
MYGA’s vs. Fixed Annuities: What Sets Them Apart?
Annuities can provide individuals with significant value in retirement planning, such as increasing savings, managing tax exposure, or providing guaranteed income. Understanding the different types ...
Should I Buy an Annuity in 2024?
Are you wondering if now is the right time to purchase that annuity you’ve been considering? You are not alone, and timing plays a crucial role in purchasing and using an annuity as a wealth-building ...
Annuity Withdrawals: Strategies for Maximizing Income
Maximizing your return is the goal of any investment, and annuities are no different. Making the most of your annuity investment requires not only a strategy grounded in planning and knowledge, but ...
Tax Implications of Annuities: What You Need to Know
An annuity can be a great way to build wealth and prepare for financial success in the future. One of the most important factors to consider when choosing an annuity is the taxation of the profits ...
Why Timing is Everything When Buying an Annuity
An annuity can be a great way to build wealth and prepare for financial success in the future. One of the most important factors when it comes to purchasing an annuity is timing. Timing will ...
What is an Inflation Protected Annuity?
Inflation.. it may be more of a concern than ever before. Because of this you are likely considering all the ways you can save and protect your financial future from the impacts of inflation. With ...
Long-Term Care Annuity: How Does it Work?
A long-term care annuity is a traditional annuity with a rider designed to help individuals cover the expenses of long-term care services, such as nursing home care or in-home assistance. A long-term ...
Multi-Year Guaranteed Annuity – How to Choose the Right MYGA
An annuity can provide a reliable, steady income stream and has numerous financial benefits compared to other investment options.
Mistakes to Avoid When Buying an Annuity
As with any impactful financial decision, there is much to consider when purchasing an annuity. You will want to make sure the product you choose is ideal for you and your financial goals. Let’s look ...
Why or Why Not Have an Annuity?
Annuities are a valuable tool that can shape a retirement plan and give security to those who can’t afford to heed the risk that other financial growth products have. Just like other insurance ...
Financial Planning As You Retire
Planning for retirement can bring many emotions – excitement, confusion, and even fear of the unknown. Having confidence in your financial well-being is one of the best ways to establish a joyful ...
What Are Annuity Ratings?
When you shop at Amazon or Target, or visit restaurants and retail businesses, ratings help you decide what and where to purchase. This is also important when making impactful decisions, such as ...
Understanding Multi-Year Guaranteed Annuities
What is a MYGA? MYGA stands for Multi-Year Guaranteed Annuity. This specific type of annuity offers a guaranteed fixed interest rate for an established period of time selected by the owner (e.g. 4% ...
What is a Fixed Annuity?
With multiple kinds of annuities available, it is important to know how each of them works. Looking at an annuity in its entirety, the common goal is to increase the value of the amount vested and ...
What Is An Annuity?
An annuity can play an important role in your retirement. Whether you are trying to increase your retirement savings, control some tax exposure while accumulating, or need guaranteed income, there ...