‘Social Security Bridge’ Said to Be the Best Approach to Annuities
The Center for Retirement Research says this approach remains competitive for those at the 75th percentile of the wealth distribution.
The Center for Retirement Research says this approach remains competitive for those at the 75th percentile of the wealth distribution.
While SPIAs are easy to understand, buying them requires some foresight.
Potentially millions of retirees missed out on up to $250,000 in retirement, according to a new study, because of this one “major financial mistake."
CD rates are under 1%, but comparable annuities can pay more than 2% to 3% guaranteed and are tax-deferred.
Annuities sold great, sold poorly and, for a brief period, didn't sell at all as insurers pulled products from the shelves during the raging pandemic.
Considering annuities, insurance, new investments and delaying Social Security?
Transamerica will no longer sell variable annuities with benefit riders or fixed index annuities.