Annuities 101 – Annuities have been confused with IRA’s for years. I think it might be the “A” in IRA. It is very common to be a little confused about your IRA considering it has changed throughout the years and so have annuities. Are annuities the same as an IRA? A good place to start is to explain how each work and then how each work in relation to each other.
Are you struggling from month to month. Perhaps you have heard the phrase, more month left at the end of the money. It means simply you have more expenses than you have money to pay them at the end of the month.
Will annuities help you build up a retirement income?
Don’t sell annuities like their used cars. People aren’t asking you for a sales pitch when they ask for your professional advice. They want answers that are straight and sound. They need information they can trust.
Many people become interested in investing in annuities, and the thing to remember is that a fixed annuity is used to invest in government securities and high grade corporate bonds. Many people choose to invest in annuities because it is a potential savings choice for many people.
Perhaps you have heard the phrase, more month left at the end of the money. It means simply you have more expenses than you have money to pay them at the end of the month.