With annuities, you can secure a steady income stream for retirement. These financial tools, however, have become targets for scammers who exploit unsuspecting people. The complexity of annuities ...
Annuities are often marketed as reliable retirement income tools, but the reality is more complicated. While annuities can be beneficial for the right person in the right situation, the industry is ...
My late husband set up a lifetime annuity for me with a well-known company. I get a monthly deposit into my checking account. I called them for the value and they told me there was no value to it. I ...
Unscrupulous investors are using a form of annuities fraud to target seniors and terminally ill patients in a deal similar to stranger-originated life insurance transactions, according to state ...
U.S. Rep. John Adler wants to crack down on salespeople perpetuating a particular type of scam targeting the elderly. Adler, D-3rd, plans to introduce federal legislation giving states financial ...
There is a good chance that annuities have come up in any retirement discussion or when you sat down with a financial advisor. And, for good reason. Annuities are often promoted to guarantee a steady ...
The Pennsylvania Insurance Department issued the following news release: Insurance Department Consumer Liaison David Buono today urged Area Agency on Aging leaders to educate seniors who visit their ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Not all annuities — or annuity rates — are created equal, though. In ...
If you're nearing retirement right now, you're likely weighing options for turning your savings into reliable retirement income. The market has, after all, been anything but predictable recently, so ...