Annuities have a low risk profile when compared to other investments such as equities and bonds. In the correct circumstances, their fixed rates and guaranteed income make them safe. Can you lose your money in an annuity? Variable annuities and index-linked annuities both have the potential to lose money to their owners. An instant annuity, […]
Are Annuities High Or Low Risk? Read More »
Annuities are not insured by the Federal Deposit Insurance Corporation (FDIC) and are not bank deposits. Although each state has its own guarantee fund, it should not be considered a replacement for FDIC coverage. State guaranty fund rules differ greatly from one state to the next. What happens to my annuity if the insurance company
Are Annuities Covered By FDIC? Read More »
Annuities are not insured by the Federal Deposit Insurance Corporation (FDIC) and are not bank deposits. Although each state has its own guarantee fund, it should not be considered a replacement for FDIC coverage. State guaranty fund rules differ greatly from one state to the next. Can you lose your money in an annuity? Variable
Are Annuities Backed By FDIC? Read More »
A variable annuity is a retirement package whose funds are directly linked to the market and is regulated by the Securities and Exchange Commission (SEC). During a recession, the value of a variable annuity swings, posing the biggest risk to an investor. What happens to an annuity if the stock market crashes? “Don’t Put All
Are Annuities Affected By The Stock Market? Read More »
The key to owning annuities as a consumer is to buy them for what they WILL DO (i.e. contractual promises), not what they MAY DO. Never acquire an annuity based on a fictitious, hypothetical, predicted, back-tested, optimistic agent return scenario. If you buy the steak instead of the sizzle, you’ll discover that annuities aren’t a
Are Annuities A Rip Off? Read More »
In retirement, annuities can provide a steady income stream, but if you die too young, you may not get your money’s worth. When compared to mutual funds and other investments, annuities can have hefty fees. You can tailor an annuity to meet your specific needs, but you’ll almost always have to pay more or accept
Are Annuities A Good Idea? Read More »
In retirement, annuities can provide a steady income stream, but if you die too young, you may not get your money’s worth. When compared to mutual funds and other investments, annuities can have hefty fees. You can tailor an annuity to meet your specific needs, but you’ll almost always have to pay more or accept
Are Annuities A Good Idea For Retirement? Read More »
In most cases, a person’s debts do not disappear when they pass away. Those debts are owed by and paid from the estate of the deceased person. Family members are usually not required by law to settle a deceased relative’s debts with their own money. If the estate doesn’t have enough money to cover the
Who Pays My Debts If I Die? Read More »
No, if a person dies with a debt, the loan does not disappear. In most cases, the estate of the deceased person is responsible for settling any outstanding obligations. The personal representative, executor, or administrator is in charge of the estate’s finances. Any debts are paid from the estate’s funds, not from the individual’s own
Who Pays My Debt When I Die? Read More »
While the national debt can be calculated in trillions of dollars, it is most commonly expressed as a proportion of GDP, or the debt-to-GDP ratio. This is because as a country’s economy increases, so does the quantity of revenue available to pay down its obligations. Furthermore, a stronger economy means the country’s capital markets will
Who Pays For The National Debt Rising? Read More »
