Advertiser Disclosure

How To Be Sure You Are Getting A Good Deal On Annuity

How To Be Sure You Are Getting A Good Deal On Annuity Financial Services

Annuity Rates: How To Be Sure You’re Getting A Good Deal

Annuity deals are very simple. You hand over some amount to a dealer or an insurer who will then guarantee a monthly income for as long as you live. There is an option to select the “joint-and-survivor” option so that your spouse will get the checks even after you. But it is necessary to know a few tips when you sign up for such a deal, to ensure that you get good annuity rates for 2017.

Keep a lot of options:

Ensure that you get a lot of quotes and speak to many annuity agents depending upon different factors like their interest rates available, options available for insurance rates, the tenure of the plan and the flexibility. Usually, different dealers have a different rate when you are investing different amounts of money, so hire the one that will ensure you’re investing in such a manner to get the most monthly income for your money and time for that best-fixed annuity rate.

Diversify:

Diversifying is an option to buy stocks and bonds in some different companies and people. By investing the money in different bonds or with many dealers, we can ensure that the money will not be dependent on a single company in case the company goes down. By carrying out an annuity rate comparison of two or more companies to invest in such a way that the overall deal you get will result in higher insurance rates and high monthly income for you and your family.

Buy in stages:

No matter the amount you decide to invest in an annuity deal, always do so in stages. Break the total amount that you want to invest accordingly and then, by considering different options, plan on investing them or a part of them every year. Usually, a year is around which the levels of Insurance rates change. Thus, investing a part of the amount this year at lower rates is always better than investing the entire amount at an average annuity rate that is much higher. Hence, staging your money gives you a good deal on the final returns and a sizeable amount of profit.

We hope that these ways will help you get the best annuities for 2017.

160 VIEWS

top rated cards

Citi® / AAdvantage® Platinum Select® World Elite Mastercard®

cards
  • Purchases Intro APR
    17.74%
  • Regular APR
    17.74% - 25.74%
  • Balance Transfer Int APR
    25.74%
  • Annual Fee
    $99

Citi® Double Cash Card – 18 month BT offer

cards
  • Purchases Intro APR
    15.24%
  • Regular APR
    15.24% - 25.24%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi® Diamond Preferred® Card – 21 Month Balance Transfer Offer

cards
  • Purchases Intro APR
    14.74%
  • Regular APR
    14.74% - 24.74%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi Simplicity® Card - No Late Fees Ever

cards
  • Purchases Intro APR
    15.74%
  • Regular APR
    15.74% - 25.74%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0
Finance

Ease Of Everyday Transactions With Mobile Payment Systems

Mobile payment systems are an effective alternative to take care of your everyday financial transactions when you forget your cash or card at home. Since smartphones have become a regular part of our everyday life, forgetting a mobile phone is less l...
175 VIEWS
cate

VA Streamline Refinance Advice and Tips for You

The VA’s Streamline Refinance programs, also referred to as a “VA to VA” mortgage or hobby price reduction Refinancing loan (IRRRL), permits you to lower the hobby charge on your mortgage with few or no out-of-pocket fees. this is best availabl...
316 VIEWS
Investments

Benefits Of Portfolio Management Software

The portfolio management system is basically a hierarchy of selecting the correct way for investments, allocation of money, reaching our objectives, asset allocation for the institution and for an individual. Anything achieved with planning can never...
192 VIEWS