A great web site explaining the pros and cons of the
various safe money options (including Fixed Index Annuities) available to you. Remember, you never want to put all of your eggs in
one basket. This web site talks about the many safe money “baskets” available
to you to help you determine what might be suitable for you.
A very helpful site to help you search for the best
paying money market and CD rates in the area in which you live, as well as
nationwide. If you are going to
have money in CDs and money market accounts (and you should), you want to know
where the better interest rates are at FDIC insured institutions.
Find
out if who you are doing business with is a member of the Better Business
Bureau and whether there is any record of complaints against them.
A government web site
discussing information on topics such as Medicare, health issues for seniors,
financial and legal issues for seniors, insurance, and ways to guard against
consumer fraud against seniors.
NAIC Buyer’s Guide to Fixed Annuities (PDF)
An excellent government
publication to help you understand how fixed and fixed index annuities work and
to help you determine in conjunction with your advisors whether an annuity
might be a suitable financial product to help you accomplish some of your
financial objectives. A.M. Best Guide to their Financial Ratings (PDF)
A.M. Best is the oldest and
most well known of the rating agencies that rank the financial strength of
insurance companies. Safety is always the first consideration with an insurance or an annuity purchase. Make sure you deal with
a safe insurance company.
|
