Moliciero Financial | Investing and Financial Planning
Understanding Indexed Annuities
Indexed annuities are a type of annuity that derives its value from the performance of an underlying index. There are indexed annuities that track a variety of indices, with the S&P 500, DJIA and Russell 1000 among the most common. Also called equity-indexed annuities, these are somewhat conservative investment vehicles for people who want guaranteed [...]
Pros and Cons of Variable Annuities
A variable annuity is a type of investment contract that is designed to provide tax-deferred income in retirement. Variable annuities can be purchased using either a lump-sum payment or through a series of payments, as into an IRA or retirement savings account. There are options within a variable annuity plan that allow the holder to [...]
Lifetime Annuities Explained
A lifetime annuity is an agreement between an individual and an insurance company that, for a lump sum payment, the individual will receive an income for life. They are also sometimes referred to as immediate or income annuities. How much is received and whether it fluctuates over time depends on how the annuity contract is [...]
Annuities and Life Insurance
You have probably encountered both annuities and life insurance before. These are the two primary products the insurance companies sell to protect your life over the long term. The concepts of an annuity and a life insurance policy are exact opposites. An annuity is intended to protect a person from outliving his retirement assets, The [...]
Benefits of Being an Annuity Owner
You have probably read articles before on the advantages and disadvantages of being an annuity owner. You can pick apart all of the contract provisions to find if they meet your overall financial objectives. Financial advisers will describe a 20, 30, or 40 year old considering the purchase of an annuity and project the amount [...]