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Archive | June 9, 2013

The Benefits of Annuities

The tides have changed with Retirement Advisors and their attitudes towards annuities. For years, advisors talked their clients out of annuities because of potential high fees, restrictions on distributions and that they were just too complex for the average person to understand. Now that longevity is a reality for many retirees and they are dangerously  Full Article…

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How Do Income Riders Really Work?

A large percentage of annuities, both variable and fixed are sold with an optional income rider these days.  These riders have become the main selling point and in many times, the reason the buyer is deciding to purchase the annuity.  So the question becomes, how do these riders really work?   The story usually goes  Full Article…

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Unnecessary Insurance

Are you over insured? In this economy we are all looking for ways to cut back and use our dollars wisely and still be financially responsible. Insurance can be wise, but here are a few kinds of insurance that can be unnecessary. PMI – Private Mortgage Insurance (PMI) is an insurance policy that protects the  Full Article…

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Different Types of Annnuities

So you are being told by your retirement specialist that an annuity is a great fit for a portion of your safe money.  After talking it over with your family and friends, you learn that they have the exact opposite reaction towards an annuity.  They tell you its a bad decision, and that you’ll never be able  Full Article…

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Should I Buy an Annuity?

If you have made it to this article, you are most likely either interested in annuities or already have one.  To start off, let’s define what an annuity is.  An annuity is a contract between the owner of an annuity policy and an insurance company.  The contract, in general terms, is an agreement where the  Full Article…

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What are Secondary Market Annuities?

Annuities have surged in popularity with seniors and baby boomers recently.  As many companies are eliminating pensions for their employees, many people have turned to annuities as a “build your own pension” for personal savings.  Many annuities offer a unique combination of income for life plus protection from market risk.  Retirees are using this strategy  Full Article…

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