In Hometown News, Rick Bloom was asked whether a couple in retirement should use their $50,000 savings to purchase a fixed annuity or a CD given their individual situation. Bloom’s article “Fixed annuity can be good retirement plan tool,” contains his opinion that a fixed …
According to Barron’s, variable annuities are getting a slight facelift. In Murray Coleman’s article “Variable Annuity To Open Next Week Offering ETFs as Investment Options,” a new type of product is emerging. Insurance companies selling variable annuities typically invest in mutual funds, but the first …
According to Matthew Sturdevant of The Hartford Courant, “Indexed Annuities (are) a Perfect Investment During (the) Recession.” His interview with Dana Pederson of Phoenix Cos. explains why equity indexed annuities are so important for investors and so popular right now. An indexed annuity is almost …
Thanks to an increase in equity indexed annuities sales, American Equity Investment Life Holding Co. had a third quarter increase in their net income. The Associated Press article, “American Equity posts $20.5M in 3Q net income,” is from Bloomberg Business Week. After a net loss …
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