What To Do With An Annuity? The fastest growing segment of the population are folks 60 and older. How many of these Baby Boomers have set aside enough money to use for the rest of their lives? A third of people over 65 have less than $30,000 in savings when entering retirement. Is an annuity
When you’re looking through different annuity selections with your financial advisor or consultant, knowing which insurance offer to trust makes a big difference. Credit rating agencies rate insurance companies with a grade or percentage. This score assigned to each independent insurance agency indicates that company’s ability to pay policyholders’ claims. The Big
Understanding Annuities There has never been a better time to invest in your financial future. There is a wide variety of strategies to generate income, protect your assets, and secure your retirement income stream. The cost of living is rising and life expectancy is simultaneously increasing for many adults. You may be wondering how to best
FDIC Vs. Insurance Providers: Are You Protected? The federal government requires banks to keep 10% of your CD in reserves. 10 cents of every dollar you’ve deposited is in your banks reserves. This goes for money market accounts as well as any money that you put in your bank account. On the other hand, state insurance
What to Ask Before You Buy an Annuity Many people reaching retirement are looking for ways to improve their financial security. It is unsurprising that many people are considering buying an annuity. If chosen well, an annuity can prevent a person from outliving their finances. What’s more, it can provide increased protection against a volatile