Wednesday, June 8th, 2016 and is filed under Annuity News, Retirement Income Annuities, Uncategorized
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Finally, you can get a bigger bang for your retirement bucks with an all-new competitive CD alternative in the form of a multi-year guaranteed fixed annuity (MYGA). A MYGA is similar to a Certificate of Deposit (CD) in that it earns a fixed amount of interest and pays out after a specified period of time. The key difference is it is an insurance product, not a traditional savings vehicle, that can be used as an important part of a retirement income planning strategy. Read More
Thursday, June 27th, 2013 and is filed under Retirement Income Annuities, Uncategorized
In a recent article by Scott Burns titled “Best place for ‘safe money’ may be in CD-like annuities“, a reader had emailed the following question.
“My wife and I are in our late 50s, so we certainly do not want to be 100 percent in stock funds. Our 401(k)s do not allow us to purchase individual bonds that we can hold to maturity, and the money market option pays next to nothing. What is a person to do?” Read More