Annuity and Payment News
We’ve heard about the importance of diversification, but what does that really mean? Traditionally, people’s portfolios were allocated in some percentage between equities and bonds. As people grew older, the percentage that was allocated towards bonds increased as a percentage. That worked for many people, but fortunately, what’s happened over the last few years, and…
InForce™ income payments available from an existing policyholder of Connecticut General Life Insurance Company for purchase at a discount really fit their particular needs. The income payments start at $3000/mo in 12 years and in the 17th year increase to $8000/mo for 20 payments totaling $340,000. At an interest rate of 4.90%, the purchase price…
In-Force™ Fixed Term Annuity available from an existing policyholder of New York Life at a discount.. The payments start now at $847.00 each month, increasing each year by 3%, so that by the last payment in the 25th year the payments have reached $1828.70 per month for total payments of $394,126. At an interest rate of 5.25%,…