Monday, November 03, 2008
2Q US SALES OF FIXED ANNUITIES JUMPS 54.1% OVER 2Q 2007
Beacon Research reports that sales of fixed annuities had their best quarter in several years when they rose to $2.46BB in the 2nd quarter OF 2008. With weakness in the equity markets, folks are looking for safe investments. Did you know that the Florida State Guaranty Laws and Provisions guarantees your principal against loss for up to $100,000 in an annuity and an aggregate of $300,000 for all insurance lines? For example, if you were investing $300,0000 in annuities, you could use three carriers, investing $100,000 in each, and ladder them (have them fall due in different years). For information on CDs vs. Annuities and rolling over 401ks to defer income tax liability on interest earned (and get interest on the interest you are NOT paying for taxes in the meantime) email firstname.lastname@example.org or call 561-988-0070. Marilyn is a Licensed Advisor for Fixed Annuities, Life and Health Care, Long Term Care and Medicare Supplements in Florida. She is an Independent Insurance Agent and gets quotes from many carriers for her clients to assure the most suitable policy available is quoted to them.
Posted by Marilyn Farber Jacobs at Monday, November 03, 2008