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Tag Archive: pros and cons of immediate annuities

Should I Buy An Immediate Annuity Or An Indexed Annuity?

Stan The Annuity Man

Question: I need to supplement my income stream right now and have been shown an immediate annuity by one agent and an indexed annuity by another agent.  The products seem very different.  Which is the best one to buy? Ernie from Billings, Montana Answer: Thanks for the question Ernie.  Immediate annuities (i.e. Single Premium Immediate Annuities) and indexed annuities are drastically different strategies, so I’m a little surprised that you were shown both for income needed to start right now.  Since that is what you...

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Pros and Cons of Annuities – By Annuity Type

Rob Brinkman

Have you been sold or “pitched” an annuity and you have no idea if it is the right kind of annuity for your specific needs?  As you hopefully know, there are numerous types of annuities that are designed to address a specific risk or groups of risks that many retirees face.   A set of pros and cons for one annuity type is often completely different when analyzing benefits and features of other types. Education is key, and the video below does a great job in...

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