Annuity Current Rates, News & Information
5 Advantages of an Immediate Annuity
Posted in Annuity , Life Insurance
February 14th, 2011
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An annuity is an insurance product that pays investors a fixed payment for a set period of time or for the rest of their lives. Many people are familiar with the idea that lottery winners can choose to have their money paid in a lump sum or in a monthly payment. That monthly payment is called an annuity. 
Five Drawbacks of Buying a Life Insurance Annuity
Posted in Annuity , Life Insurance
October 19th, 2010
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Before the recent recession, life insurance annuities had a bad reputation and seemed out of favor of many financial planners and professionals on Wall Street. Like most things, annuities have come full circle, and are once again a popular choice to provide retirement income. The allure of a guaranteed stream of income in today’s turbulent market when many investors are reevaluating how much risk they are willing to take with their investments have made annuities popular once again.
New York Life Lands at #1 and #2 in Annuities
Posted in Annuity , Life Insurance
September 29th, 2009
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New York Life Insurance Company has made some impressive leaps and bounds in 2009′s first quarter by ranking number 1 in income annuities and number 2 in total annuity sales. The number 2 ranking in total annuity sales represents a leap from number 13 one year ago, while the company has maintained its status as number 1 in income annuities since 2006.
Life with Period Certain Annuity Basics
Posted in Annuity , Life Insurance
September 25th, 2009
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Getting life insurance is very important for people with dependents, especially small children. There are different kinds of life insurance, and one of the most popular is permanent life insurance. If you get permanent life insurance, you will get back the money you put into your insurance policy in the form of an annuity. An annuity can be disbursed however you want it – either in one big lump sum, or in yearly payments. Should you choose to get your annuity on a yearly or monthly basis, you can add on the condition known as “life-with-period-certain.”
Adding Conditions to Annuities
Posted in Annuity , Life Insurance
September 25th, 2009
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If you decided to get permanent life insurance, one of the best things about it – beyond ensuring that your loved ones will be financially secure – is that you will get back the money you put into your policy in the form an annuity. An annuity is the technical term for the payment you receive when you start tapping into the cash-value aspect of your permanent life insurance. You can add desired conditions to your annuity that will tailor it to your specific needs.
Life Annuity Facts
Posted in Annuity , Life Insurance
September 18th, 2009
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Saving for your retirement is something you need to take seriously, if you aren’t thinking about it already. The day you retire will be here before you know it, and when it comes you’re going to start enjoying your freedom – at the exact same moment that you stop getting a paycheck. Freedom is a truly wonderful thing, but freedom without money is not. So, you want to do what you can to save money and put it aside for life after retirement. One way that people save money is by putting their money into a life insurance annuity. Life insurance annuities are the result of paying monthly premiums year after year into a permanent life insurance policy.
What is a Joint Annuity?
Posted in Annuity , Life Insurance
August 17th, 2009
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If you have vowed to your beloved, “In sickness and health, to death do your part,” then you may consider the additional step of purchasing a joint annuity for the both of you. Joint annuities are a type of insurance policy. With a joint annuity, two individuals will get paid apredetermined periodic benefit throughout both of their lifetimes. Typically, the joint annuity terminates upon the death of the first spouse listed in the policy.
What is a Lump Sum Annuity Payment?
Posted in Annuity , Life Insurance
July 7th, 2009
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When you buy life insurance, you are taking care of not only your family members and other loved ones, you are also taking care of yourself. That’s because when you purchase life insurance, you’re giving yourself peace of mind, knowing that your spouse or partner and your children will get a certain amount of money to live on after you pass away. Without you and your earning power, who would pay the mortgage? Who would pay for the college tuition? Who would pay for all the other kinds of insurance that a family needs? So getting life insurance helps you quell those fears. But getting life insurance can also result in more concrete benefits to you, the policy holder, in the form of annuities.
Are Payouts Affected in a Joint / Survivor Annuity?
Posted in Annuity , Life Insurance , Life Insurance Quotes
April 28th, 2009
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Consumers looking for a way to diversify their investment portfolios may opt into annuities to ensure a payout during their golden years. However, the amount of payout you get may be affected by whether you opt into ajoint or survivor annuity.
Annuities with Guarantees: Invest at Your Own Risk
Posted in Annuity , Life Insurance
April 23rd, 2009
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For retirees and nest-egg savers who have lost their 401ks or just want to make sure their financial cushion is actually secure, annuities with guarantees have recently become an enticing option. However, experts warn savers not to dive into this retirement option head-first, as it does come with a number of risks.