Annuity guides

Are you considering a life insurance loan to cover a significant expense or meet a financial need? “Can you borrow from life insurance?” is a common question, and life insurance loans can be a valuable tool, but it’s important to understand the advantages, disadvantages, and implications before making a decision. In this article, we’ll discuss […]

Are you curious about the differences between qualified and non-qualified annuities? In this article, we’ll explore what is a non-qualified annuity, their tax implications, and how they can complement your existing retirement accounts. Summary There are lots of annuity options available. To get help with choosing the right annuity it’s best to speak with an

Annuities can be a valuable addition to your retirement portfolio, providing a steady stream of income for life. But how much does an annuity cost, and what factors should you consider when evaluating your options? This article will guide you through the complexities of annuity costs and help you make informed decisions to achieve your

As we plan for our financial future, the importance of securing a reliable income stream during retirement cannot be overstated. One viable option for safeguarding your golden years is investing in annuities, and State Farm, a well-established provider of insurance and financial services, has been offering annuities for over 80 years. But are State Farm

Navigating the world of annuities can be a complex endeavor, but understanding the differences between various annuity products is crucial to securing your financial future. AIG, a well-established insurance company, offers a diverse range of annuity options designed to meet different retirement goals and risk tolerances. In this article, we will delve into the world

Are you planning for retirement and seeking a reliable source of income? Deferred annuities might be the answer you’ve been searching for. They offer tax-deferred growth, guaranteed income payments, and flexible payout options, making them an attractive option for many retirees. In this article, we’ll dive into the world of deferred annuities, exploring their types,

Retirement planning can be a daunting task, but with the right tools and strategies, it doesn’t have to be. One such tool is an annuity – a financial product designed to provide a steady income during your golden years. But with so many types of annuities and providers out there, how do you know which

Annuities can be a powerful tool for securing your financial future, but they’re often misunderstood. Many people find them complex and confusing, leading to misconceptions and missed opportunities. In this article, we’ll dive into the world of annuity periods and how this aspect of annuities can impact your retirement income. Summary There are lots of

Are you in search of a stable source of retirement income that can also help diversify your portfolio? Multi-Year Guaranteed Annuities (MYGAs) might be the answer you are looking for. In this article, we’ll explore what MYGAs are, their key features, and the benefits they offer. Summary There are lots of annuity options available. To

At their core, fixed annuities are insurance contracts that guarantee a fixed interest rate and provide a steady income stream during retirement. Sold by insurance companies, these contracts can either be funded through a lump sum or a series of payments, depending on the investor’s preference. This combination of guaranteed income payments, tax-deferred growth, and