Posts Tagged ‘variable annuity’

Financial Planning: Annuities : What Is Fixed Annuity?

Immediate Annuities…. Need Money Now

Immediate Annuities…. Need Money Now
If you purchase an immediate annuity, you are instructing the company to start sending you checks as soon as possible. Immediate annuities are designed for individuals or couples who want to rely on receiving a specific amount of money. The money may be the person or couple’s sole source of income [...]

The NAIC stands firm in protecting life insurance and annuity owners.

What are the pros and cons of a variable annuity?

Question by Steve K: What are the pros and cons of a variable annuity?
My recently-retired parents have a lump sum of money (sizable but not huge) and have been recommended a variable annuity by a financial adviser. I have heard annuities are generally a bad investment because they have high fees, but a guaranteed [...]