Stan The Annuity Man |
October 3, 2013 |
Annuity Definition, Ask Stan The Annuity Man, Immediate Annuities, Member Posts, SPIA
Question: Why would anyone buy an immediate annuity? What’s the purpose of it? Isn’t it just getting your money back? from Taylor G. in Los Gatos, California Answer: Interesting questions Taylor, but very good ones. An immediate annuity is formally called a Single Premium Immediate Annuity, and also known as an income annuity. It is the original annuity product and was first introduced in Roman times. People buy immediate annuities because they are looking for a pension type income stream. They want to make sure...
View Article
Stan The Annuity Man |
October 3, 2013 |
Member Posts, Miscellaneous Annuity Info
Written By: Larry Klein in Walnut Creek, CA I am a CPA (inactive), a retired financial advisor and active investor. Before making any large financial decision (on behalf of a client or for my personal needs), I do a tremendous amount of research to ensure that no stones are left unturned. Every time I research anything relating to annuities on Internet, I’m baffled by the tremendous amount of misinformation that is published online, so I am writing this brief article in an attempt to shed...
View Article
John CasaSanta |
October 2, 2013 |
MYGA
Studies show that the two most popular months for CDs to renew is October and April. In April, many people have received an income tax refund or from completing their taxes a portfolio adjustment is made. October has proven to be a popular month for renewal because most banks offer a 6 month CD. In today’s economic environment, most banks are offering less than 1 percent interest on a 6 month CD. If you’re desiring a 2+ percent rate of return, you have to commit...
View Article
John L. Olsen |
October 1, 2013 |
Annuity Basics, Annuity Suitability, Annuity Taxes, Deferred Annuities, Fixed Annuities, Immediate Annuities, Index Annuities, John L. Olsen, Member Posts, Miscellaneous Annuity Info, Variable Annuities
If you are considering the purchase of some kind of annuity, you know what you want and need. But how can you determine whether the annuity product being recommended to you will meet your needs better than a different kind of annuity or some non-annuity alternative (such as a CD or mutual fund)? And how did the insurance agent showing you the annuity decide that the product he’s showing you is the one most suitable for you? The answer to both questions lies in that...
View Article
John L. Olsen |
September 30, 2013 |
Member Posts, Miscellaneous Annuity Info
Written By: H.A. Reniger, III, in Simi Valley, CA Several weeks ago, after an expensive repair to our 1999 minivan, we decided it was time to look for a replacement. We bought the minivan when it was new, and keep our cars for many years after they are paid off. To my wife and me, buying a new car is like going to the dentist for a root canal, prepping for a colonoscopy, or buying an annuity: The emotional side of your brain wants to...
View Article
Rob Brinkman |
September 27, 2013 |
Annuity Basics, Index Annuities, Member Posts, Rob Brinkman
Just what is this hyped up “Hybrid” Annuity that so many annuity agents and financial advisors are talking about? The term ‘hybrid annuity’ is often used to describe a Fixed Index Annuity (FIA). In this video, Rob Brinkman explains how a Fixed Annuity chassis is used as a platform for the “Hybrid” Annuity, and how the insurance company provides its Index Annuity owners with the opportunity to participate in market upswings while being protected from market downturns with the use of options. The following FAQs...
View Article
Stan The Annuity Man |
September 26, 2013 |
Annuity Basics, Ask Stan The Annuity Man, Fixed Annuities, Index Annuities, Member Posts, Variable Annuities
Question: Annuities seem to be the hot financial product with all of the advisors I have recently met with. They can’t be good for every single person, so who should not buy an annuity in your opinion? from Walt S. in Lincoln, Nebraska Answer: Great question for the annuity buying public Walt. Much appreciated for the opportunity to provide this much needed answer. First of all, it’s important to know what annuities actually are and what they should solve for within your portfolio. Annuities are...
View Article
Stan The Annuity Man |
September 25, 2013 |
Member Posts, Miscellaneous Annuity Info
Written By: Larry Klein in Walnut Creek, CA I am a CPA (inactive) and fortunately also able to think outside the box. Many accountants think of investments only in terms of their Internal Rate of Return (IRR). The IRR for an investment takes into account: The amount you receive over the period you own the investment The amount you get back at the end Life annuities do not have any payment at the end as the payments cease at death. The IRR of a typical...
View Article
Stan The Annuity Man |
September 24, 2013 |
Press Releases
Annuity123 is excited and honored to report that Ron Bedford has joined its network of retirement income advisors for the benefit of consumers in Tri-Cities area who are in need of obtaining personalized retirement income guidance. Please see below for an overview of Ron’s practice. Company Name: Preferred Taxfree Retirement, LLC Brief Business Description: Most people would like information on financial issues that important to them, without sales pressure. We help our clients make decisions about their retirement money. IRAs, Retirement Planning, Lump Sum Rollovers/Transfers,...
View Article
Stan The Annuity Man |
September 24, 2013 |
Annuity Definition, Annuity Guys, Annuity Videos, Immediate Annuities, Member Posts, SPIA
Provided By: The Annuity Guys In the golden era of career based retirements, everyone could count on a company paycheck for life in retirement. Unfortunately, fewer and fewer employees are leaving jobs with defined benefits programs that take care of their income and health benefits throughout their retirement years. So what options do workers who have invested a lifetime of dollars into 401Ks and IRAs have for lifetime retirement income? Watch as the Annuity Guys look at the gold standard of annuities – the immediate annuity, including...
View Article
