Immediate Annuity…Does It Have a Purpose?

A Single Premium Immediate Annuity, otherwise known as an Immediate Annuity is the original annuity product first introduced back in the Roman times.  It must work if it has lasted all these years right?  Some people think that with an immediate annuity you are just getting back your own money and that it doesn’t make…

Do You Think of Annuities as Life Insurance?

Ever wonder if Annuities are the same thing as life insurance?  I have heard this question at times and today I want to answer that for you. Annuities are issued from life insurance companies….so in essence they are life insurance products.  However, annuities and life insurance are very different when it comes to taxes. Before…