Here we can put you in touch with an experienced Florida annuity advisor that can find an Florida annuity that fits your needs. Is a fixed or variable options better for you? Do you need a guarantee income for life? Would a daily market step up be the right option for you? Only an Florida annuity advisor can help you find the answers you need.
A Florida annuity is a contract between you (the annuity owner) and the insurance company. In return for your payment, the insurance company agrees to provide either a regular stream of income or a lump sum pay-out at some future time (generally, once you retire or pass age 59 1/2).
By ANNE TERGESEN and LESLIE SCISM Wsj.com
You also can protect your Florida annuity investment by buying from different carriers and staying within the coverage limit available in your state. In the event of an insurer's insolvency,
industry-backed guaranty funds provide at least $100,000 for such annuities; visit www.nolhga.com for links to your state association's Web site, where you can find the exact limit in your state.
"Since the crisis, new contracts typically give 5% boosts.
Typically, owners in their mid- to late-60s are eligible for annual income of 5% of the base."
Florida annuity accounts – variable and equity-indexed – are considered safe retirement accounts by some. With the recent market turmoil,
Florida annuity accounts are getting buzz as safe alternatives to the high risk associated with today’s stock and bond markets.
Annuity Accounts is part of Business Exchange, suggested by Adam Hyers.
The Case for 'Income Annuities'. The Wall Street Journal Yahoo Finance - January 12, 2011 Today DALBAR released the 2009 winners
The government's efforts are misplaced, according to Kerry Pechter, editor of the "Retirement Income Journal" and author of "Annuities for Dummies." By Robert Powell, MarketWatch
Those saving and investing for retirement don't lack for product.
"There are already lots of perfectly practicable income solutions available to people,"
Consumer Action by Diana Ransom (Author Archive)
Thanks to the Pension Protection Act of 2006, started Jan. 1, 2011,
you’ll no longer have to pay federal income tax on an Florida annuity ’s proceeds.
Considering that long-term-care costs are expected to reach $300,000 a year by 2030, up from $75,000 currently
— and Medicaid only covers up to 75% of long-term-care costs — this is a welcome change, says Carl A. Friedrich.
"Beyond their newly favorable tax status,
long-term-care annuities offer the flex appeal of having long-term-care coverage, but, if you don’t need it, you can get your money back."
We recognize that the current generation of retirees and baby boomers face a unique set of retirement income concerns .annuitynews.com
For a 70 year old couple, there’s a 50% chance that at least one spouse will live past age 93.
