directoryad
subscribe ad

Thursday April 24th 2014

Archives

Posts Tagged ‘retirement income’

Annuity Rates Hit a Two-Year High

Annuity Rates Hit a Two-Year High

Average annuity rates have increased by a record 6 percent in the third quarter of 2013, the biggest movement in rates since 2009. Rates are up by 12 percent this year. Index reveals a gulf in rates, with the best enhanced rate 38 percent higher than the worst standard rate. The latest MGM Advantage Annuity Index has revealed annuity rates have [...]

Solving the Riddle of the Immediate Annuity

Solving the Riddle of the Immediate Annuity

Only about 3% of insurance policies sold are immediate or income annuities. Policyholders often can’t get access to cash once they sign the annuity contract. Plus, if they die before their principal is exhausted, any money left, unless they make other arrangements, generally goes to the insurance company. Even if the immediate annuity permits [...]