Driven by favorable interest rates and an aging Baby Boomer demographic, U.S. annuity sales are expected to hit a near-record ...
Understanding which licenses and processes are required to sell variable annuities is an essential step for financial professionals–including financial advisors, brokers or insurance agents–who are ...
People who buy annuities for lifetime income often think of them as an investment, when they're more like insurance, experts ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...
Driven by upside opportunity, investors are flocking to annuities pegged to a stock index as equities keep climbing, Limra ...
A variable annuity is a type of investment account that allows account contributions to be invested in mutual funds. Because of this, the balance of the account can rise and fall based on investment ...
This is Part 6 of a multi-part annuities series. An introduction to annuities can be found here. As people plan for retirement, some might want two things at one time: protection against the ...
Annuities offer guaranteed income and tax-deferred growth, but downsides may include high fees and opportunity costs.
The message about fees is worth digging into further, as it presents one of the biggest objections made to variable annuities. Variable annuities have generally come under attack for the higher ...
Many people are sold a variable annuity with the understanding they will receive a lifetime income stream, which sounds like a good idea when planning for retirement. The truth is there usually is a ...