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INVESTING:
Annuities
AnnuitiesRecent ArticlesSell Retirement AnnuitiesWhen an employee retires after several years of work, the employer offers some financial monetary retirement benefits, like a pension or cash balance plan, as a gesture of gratitude for the employee's service. Many retirees invest their retirement package in insurance companies by signing an agreement, according to which the insurance company acquires their retirement package and in return makes periodic payments to the retirees, who are the investors. That is, the insurance company 'sells' annuities to the retirees. Cash For Retirement AnnuitiesSince the average life expectancy is on the increase because of higher and sophisticated standards of living. Lifetime annuities are mainly for funding retirement. There are two types of lifetime annuities -- fixed and variable. Types Of Annuity PaymentsWhen an employee retires after several years of work, the employer offers monetary retirement benefits such as a cash balance plan or pension. Annuities - Are They Missing From Your Portfolio?Your portfolio may consist of a good mix of stocks, bonds, mutual funds perhaps real estate and hopefully life insurance and of course they all serve their purposes well. But which of these can provide a guaranteed income stream for retirement to supplement pension and /or social security? The Inner Workings of AnnuitiesAnnuities represent a conservative, but effective, way to provide steady income. So, just how does this process work? |
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