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Seven Reasons to Love Annuities

Baby Boomers rule! Their numbers are large and their money is substantial. They may list “having good health” as their # 1 retirement concern, but it is closely followed by # 2, “being financially secure”. Secure, safe, protected. This group longs for guarantees. Guarantees that will change the annuity industry forever. According to Stan Haithcock,  Click to Continue

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What’s New For Retirement Accounts?

What’s new for retirement accounts? The new product is called a qualified longevity annuity contract (QLAC). What is a qualified longevity annuity contract (QLAC)? It’s a special deferred income annuity (DIA) for creating income inside a retirement account. DIAs are quite popular products. New IRS regulations may make DIAs even more popular by introducing this  Click to Continue

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Steve Young will Make More Money than Colin Kaepernick to Play Quarterback… THIS YEAR!!!

*UPDATE: Celebritynetworth.com retracted their statement about this annuity on Steve Young. The original annuity was never funded.  That being said, the premise works the same.  It is still a good idea to move some of your retirement risk from the market and your current company (pension, etc.) to an insurance company through an annuity.     Click to Continue

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NEW! Indexed Annuity Education Center Goes Live

Annuity123.com is pleased to unveil their new education center focused on explaining the pros and cons of Index Annuities that is fully accessible to anyone interested in learning the truth about these very unique products. Many Americans unfortunately don’t realize that the word “Annuity” is an umbrella term for a variety of different product types  Click to Continue

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Global Atlantic Financial Group to Acquire Forethought

Global Atlantic Financial Group just announced that they have entered into an agreement to buy Forethought Financial Group.  The deal is expected to close in early 2014.  Global Atlantic Financial Group is the same entity that is in the process of purchasing the life division of AVIVA.  The transition will be seamless for current policy  Click to Continue

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Major Annuity Carrier Gets Downgraded

A.M. Best Company, a leading ratings agency in the insurance and annuity marketplace, announced this week that it has downgraded its ratings for The Phoenix Companies, Inc. and its subsidiaries.  Not only did A.M. Best Company downgrade Phoenix on its financial strength rating, but it also lowered the rating for its issuer credit ratings.  Headquartered  Click to Continue

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Rates and Caps are on the Rise

If you are classified as a senior or a baby boomer, then you most likely are familiar with the term annuity.  An annuity is an insurance product that is designed for your “safe money”, money which you can’t afford to lose.  There are four different types of annuities out there; traditional fixed annuities, fixed index  Click to Continue

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