What is a Longevity Annuity?

What is a Longevity Annuity?

Also referred to as Deferred Income Annuities, a Longevity Annuity is a contract between an individual and the insurance company underwriting the annuity. The individual (insured party) makes a premium deposit in the annuity contract today in return for a guaranteed...
What is a Joint and Survivor Annuity?

What is a Joint and Survivor Annuity?

An annuity is a legal arrangement involving the owner (also known as the annuitant) and an issuer (the insurance company). The contract owner makes the premium payment or payments to the insurance company and in exchange, the insurance company offers specific...
What is a Charitable Gift Annuity

What is a Charitable Gift Annuity

Do you have a favorite charity that you’d like to give a rather large gift to? If you could pledge this gift to your charity of choice while taking legal tax-deductions and have a stream of income in return, would this be something that interests you? Here, we’ll...
What is a Tax-Sheltered Annuity

What is a Tax-Sheltered Annuity

A tax-sheltered annuity, or TSA, is a long-term retirement planning strategy that provides a systematic, tax-sheltered approach to accumulate money for your retirement.  If an individual is working at a school or some other qualifying organization covered according to...
Planning for Lifetime Income

Planning for Lifetime Income

It goes without saying that most adults are worried about having enough funds invested for a secure and comfortable retirement. Granted, if seniors scale back to just the bare essentials most can retire on what they’ve invested into Social Security. However, this is...