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retirement

Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity,

Should I Allocate Retirement Savings Into An Annuity?

by Hans HeggeJuly 16, 2017

Allocate Retirement Savings Want to augment your retirement savings with a steady stream of income? You might want to consider devoting a portion of your savings into an annuity. An annuity is a contract between you and an insurance company. You can make either a lump-sum payment or a series of payments. In return, you receive regular disbursements either within a month or at some time in the future. There are different types of annuities, but all fall under the two major categories: Deferred and Immediate. With an Immediate Annuity, you can start receiving your payments within 30 days after your initial investment. A Deferred Annuity is different, however. Your money is invested for a period of time until you are ready to start receiving disbursements. Most

Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity,

Should I Purchase an Annuity for Regular Income?

by Hans HeggeJuly 6, 2017

Annuities for Regular Income? Do you sometimes have trouble with money management? Do you often worry that your regular income isn’t enough to support yourself? If so, an annuity might help you out. If you aren’t great with money, an annuity seems very confusing. There are a lot of misconceptions or simply lapses in knowledge that can make understanding annuities very difficult. Because if this, it can be very hard to figure out whether or not you should purchase an annuity, and whether something like that is the right step for you to take in your financial plan. Have you had these doubts? If so, you aren’t alone. It’s been found that while 84% of retirees want annuities, only 14% actually buy them. A lot

Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity,

Check or Bet: What To Do With An Annuity

by Hans HeggeJune 29, 2017

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 a good investment option for you? How do you decide to check or bet when it comes to buying annuities? Here are the top reasons to bet on and check out annuities. Top Reasons Why You Should Check Or Bet On An Annuity You’ve Maxed Out Other Retirement Savings Options – Bet Contributing to a 401(k) and IRA deferrals are a great idea until you reach your max. Say you’re

Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity, What To Watch Out For,

Credit Rating Agencies: Which One Should I Trust?

by Hans HeggeJune 23, 2017

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 Four: A.M. Best, Comdex, Moody’s, and Standard & Poor’s Financial rating services such as A.M. Best, Comdex, Moody’s, and Standard & Poor’s rank insurance companies based on their financial strength and stability. Before you invest in an annuity, check that annuity’s insurance provider’s ranking. These financial rating agencies are independent and they all have their own rating scale based on their own standards. Which rating service should you use?

Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity, What To Watch Out For,

The Importance of Understanding The Different Types of Annuity

by Hans HeggeMay 2, 2017

Understanding Different Annuities Receiving A Paycheck For The Rest Of Your Life Sounds Great, Right? This isn’t a dream. It’s actually possible thanks to annuities. Annuities are a form of life insurance. You pay a sum of money (called a single premium annuity, not to be confused with a SPIA). This can be either all at once or over a period of time (flexible premium annuity). In return, your money does not go down (only if you buy from one of our advisors), it only goes up (depending on the crediting option you choose). Also if you buy an income rider (you will pay a fee, should only be about 1%) you receive regular disbursements of that money until you’re no longer living. A staggering 84%