Friday, June 29, 2007
Single Premium Versus Flexible Premium Annuities: Which is Better?
Here’s a question for you: Will most deferred annuity buyers opt for (a) a single premium contract; or (b) a flexible premium contract?
If you answered (b), you’re quite right--and you get an ‘A’ from us.
If you answered wrong—or you’re just clueless—here’s the inside scoop. For starters, experts say, many folks who are looking to buy an annuity simply don’t have all the cold hard cash needed to fund the product all at once. This is particularly true of younger boomers who are a long way from fully funding their nest eggs and they have other financial obligations to meet.
Single Premium Versus Flexible Premium Annuities: Which is Better?
Source: Annuity Sales Buzz
If you answered (b), you’re quite right--and you get an ‘A’ from us.
If you answered wrong—or you’re just clueless—here’s the inside scoop. For starters, experts say, many folks who are looking to buy an annuity simply don’t have all the cold hard cash needed to fund the product all at once. This is particularly true of younger boomers who are a long way from fully funding their nest eggs and they have other financial obligations to meet.
Single Premium Versus Flexible Premium Annuities: Which is Better?
Source: Annuity Sales Buzz
Permalink posted by armandn @ 5:42 AM 
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