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Annuities

Annuities: A Good Investment Option for Seniors?

By Byron Udell | February 28, 2013

An annuity is a financial product that accepts payments (either a lump sum that accrues interest over time or payments in installments or premiums that will also accrue interest over time) and upon annuitization, will make a series of payments back to the individual, as a sort of income. An annuity is a tool that is…

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Variable Annuity plan – Is there a catch?

By Byron Udell | June 21, 2006

Variable Annuity Twice in the last 6 months, I’ve been asked to evaluate and comment on a variable annuity currently being offered by AXA Equitable.  The story many consumers are hearing from their sales force is that, regardless whether or not the underlying funds perform well, your “guaranteed” a minimum return of 6% per year….

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