By: John M. Campanola, Agent New York Life Insurance Company Special to the Boca and Delray newspapers
When it comes to retirement planning, your array of options may seem overwhelming. Between personal savings, employer plans, and government benefits, there’s a lot to take in. One solution that’s often misunderstood is an income annuity.
If the goal is guaranteed income, there’s a simple way to think about annuities – policyholders can receive income now or income later. Guaranteed income annuities provide income now, through Single Premium Immediate Annuities, or income later, through Deferred Income Annuities. The money in an annuity—which is invested […]
Full Post at delraynewspaper.com