Tag: buying an annuity

June 13, 2016 by Brad Gunning

At What Age Should You Purchase an Annuity?

Perhaps you like the security of a guaranteed annuity over fluctuations in the stock market. Maybe you’re looking to move money from a low interest savings account or CD into a higher interest annuity. Regardless, you’re intrigued by the prospect of annuities, but aren’t sure if now is the right time in your life to

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December 28, 2014 by Troy Baccus

10 things to ask before buying an annuity

Deciding whether or not to buy an annuity is an important financial decision. Most of the time annuities are purchased based on a recommendation by an insurance agent or financial adviser. But before buying an annuity, ask yourself 10 important questions: 1. Did I shop around? Whether you just met your financial adviser or you’ve been working

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February 24, 2014 by Troy Baccus

Is an Annuity Similar to a Bank CD?

            Our clients often ask us to explain the difference between an annuity and a Certificate of Deposit (CD).  First, let’s define both CDs and annuities. Definition of CD: “A Certificate of Deposit is a written acknowledgment from a bank that it has received from the person named a specified

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