The MYGA (Multi-Year Guaranteed Annuity) Contract Specification Page is highly valued for its concise and informative presentation of crucial contract guarantees. This page is designed to provide c...
annuity sales have set a record for the first half of 2024. To what do you attribute this? · There are several factors driving the increase in annuity sales. First, regarding demographic trends, baby boomers are retiring. In addition, the industry has done a good job integrating annuity solutions into the retirement income planning process and into tools that advisors use with clients. That makes it more seamless as a solution within a larger overall financial portfolio. The last piece is cons...
A guaranteed minimum income benefit (GMIB) is a type of annuity option that guarantees a certain level of minimum payments.
an annuity contract. These financial products are appropriate for investors, known as annuitants, who want stable, guaranteed retirement income. Invested cash is illiquid and subject to...
A guaranteed lifetime annuity promises to pay the owner an income for the rest of their life. Here's how guaranteed lifetime annuities work.
A qualified longevity annuity contract (QLAC) is a deferred annuity that is funded from a qualified retirement account, such as an IRA.
Annuities can provide guaranteed lifetime income. Here's how they work and some of the best annuity providers.
a guaranteed return plus a market-based return. The result is a greater potential upside than a traditional fixed contract, with less risk than a variable annuity. If sales figures are any...
A fixed annuity is an insurance contract that pays a guaranteed rate of interest on the owner's contributions and later provides a guaranteed income.
Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Saving for retirement can be daunting. Even with careful planning and regularly contributing to the best retirement plans , the amount of money you need to save to maintain your desired lifestyle during retire...