A product of many myths and misconceptions, in the insurance and financial planning world, is the fixed rate annuity. Understanding what one of these products is and how they function is actually an easy process; however, what tends to confuse some investors who wish to become annuity buyers are the contract’s details. Not helping the annuity’s reputation, many financial planners and advisors … [Read more...]
Finding Great Fixed Annuity Rates
November 5, 2009 By
When you are compiling wealth for your retirement, a few things come to mind. For example, a personal savings account. You might also know about a 401K. However, many people are unfamiliar with fixed annuity rates. Fixed rate annuities are very much like certificate's of deposits (CDs) that you get from your bank. However, the main difference is that they are mainly used for retirement … [Read more...]
