Sales of annuities have been booming in recent years. According to InsuranceNewsNet, "in the first nine months of 2024, total ...
As interest rates fell last year, demand shifted from fixed-rate deferred annuities to registered indexed-linked and ...
All deferred annuities have accumulation periods. A deferred annuity is simply an annuity that you pay into over a period of ...
If you love the idea of a risk-averse investment that isn’t necessarily subject to the stock market’s ups and downs, an ...
However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...
Investing in a $400,000 annuity can provide a steady income stream in retirement, but how much you'll receive depends on ...
Annuity payouts can provide guaranteed income in retirement, but how much? The answer depends on several factors, including ...
Compulsory government-backed annuities are a daft idea, but with a bit of tweaking the idea could offer an option for older ...
The National Insurance Commission has issued fresh regulations on annuity businesses, effective February 1, in a bid to ...
Combining annuities with IRAs or 401(k)s can be powerful. But people often don’t even consider the combination because of widespread misinformation and confusion.
Should you invest in an annuity and guarantee a regular income for the rest of your life? Or, should you commit to pension drawdown, where your capital still has the opportunity to grow and ...
The National Insurance Commission (NAICOM) has given life insurers companies in Nigeria a six-month deadline to comply with a ...