An IRA, or Individual Retirement Account, is a great option for saving for retirement, especially if you don’t have access to a 401(k) plan through your employer. While these savings accounts offer big tax breaks, they have one major drawback: the annual contribution limit. In …
After a stellar 2016, American International Group (AIG) has just introduced a new seven-year fixed annuity with a lifetime income rider. According to a recent Retirement Income Journal article, Assured Edge Income Builder is issued by American General Life Insurance Company and is currently available …
According to a recent article by annuity guru Stan Haithcock, deferred annuities with attached confinement care riders are the “most recent overhyped benefit touted by agents.” Although Haithcock does add that they do have a place in many portfolios, but as usual, only if they …
Second quarter annuity sales results were recently released by LIMRA Secure Retirement Institute in their Second Quarter U.S. Annuity Sales survey. Fixed Index annuity products broke sales records during the second quarter. Ironically, last week I blogged about the anticipated 30% decline in fixed indexed …
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