How Annuities Are Used In Retirement Planning
What’s your greatest retirement concern? Whether it’s inflation, health issues, or even the challenge of staying engaged in retirement, these are all valid considerations. However, the most common concern among pre-retirees is the possibility of outliving their savings. Without sufficient funds, other retirement concerns can become more challenging to manage. Therefore, a key priority in […]
Are You Retirement Ready in 2024?
It’s 2024, and the world is changing fast – perhaps a bit too fast. Wouldn’t it be nice to finally get away from the hustle and bustle of running your firm or working your way up the career ladder and finally settling into that long-awaited – and well-deserved – rest? Unfortunately, even after years of […]
New MYGA Annuity Rates: How CPAs Can Benefit
Attention all CPAs looking to bolster their long-term financial strategy: Sweeping changes have been made to MYGA (Multi-Year Guaranteed Annuity) products that CPAs will want to pay attention to. As we dive into the final quarter of 2023, several companies have raised their rates on MYGA annuities, making them an increasingly attractive option for those […]
What is an annuity?
An annuity is a type of insurance investment designed to offer a consistent and dependable flow of income during one’s retirement years. Essentially, it is an agreement between a person and an insurance firm. The insurance company pledges to repay the initial investment with interest through a series of payments starting at a predetermined future […]
