Thinking of buying an annuity? Think again.

With recent market volatility and the next crisis du jour seemingly looming ahead, insurance companies are ramping up advertising, and capitalizing on the fears of investors. The laundry list of guarantees and flashy marketing materials can certainly appeal to investors who fear recent market turbulence – but what’s the catch? Let’s take a look at what investors must know when considering the purchase of an annuity.

Thinking of buying an annuity?

by Josh Stelzer With recent market volatility and the market collapse of 2008 fresh on everyone’s minds, insurance companies are ramping up advertising, and capitalizing on the fears of investors . The laundry list of guarantees and flashy marketing materials can certainly be appealing to investors who fear the recent market turbulence, but what’s the catch? Today we will take …

Annuities: Fixed or Variable, Immediate or Deferred?

I began questioning how many people understand the difference between different types of annuities after I received an email this week from one of my Snider Investment Method™ Workshop graduates. Annuities come in a thousand different flavors and colors. No two are exactly alike. I think most people lump them together without understanding the difference. Or maybe they just think …