An estimated $63 billion worth of annuity contracts are coming due in 2025—here’s what that means for your money and how to take advantage of current annuity rates.
If you purchased a fixed-rate annuity (also known as a MYGA – Multi-Year Guaranteed Annuity) in the past few years, your contract may be nearing the end of its guaranteed term. In 2025, over $63 billion worth of MYGA contracts are expected to mature, representing one of the largest waves of annuity turnover the industry has ever seen.
This surge creates both an opportunity and a decision point for consumers: Should you renew, roll over, or reallocate your annuity dollars?
When it comes to preparing for retirement, one question matters more than all the rest: Will my money last? For decades, annuities—especially fixed and fixed indexed annuities—have offered a reliable solution for generating predictable income without market risk. Yet somehow, annuities have become one of the most misunderstood financial products in America.
It’s time to make annuities safe again. That means restoring their reputation, educating consumers on the truth, and helping retirees understand when and how annuities fit into a secure income plan.
Quick note: While this phrase might sound familiar, this article is not political. It’s about restoring peace of mind, protecting your hard-earned savings, and creating a retirement you can count on—regardless of your personal beliefs or affiliations.
In a world where markets are volatile, healthcare costs are rising, and traditional pensions are vanishing, “Make Retirement Safe Again” isn’t a political slogan—it’s a financial necessity.
Quick note: While this phrase might sound familiar, this article is not political. It’s about restoring peace of mind, protecting your hard-earned savings, and creating a retirement you can count on—regardless of your personal beliefs or affiliations.
By focusing on time-tested strategies like guaranteed income and financial protection, we can help you build a retirement plan that’s based on stability, not speculation. Read More
Planning for retirement can be overwhelming. Between social security decisions, healthcare concerns, and figuring out how to generate reliable income, it’s no wonder many Americans feel underprepared. One financial tool that often gets overlooked—or misunderstood—is the annuity. If you’re seeking annuity education, this comprehensive guide will help you cut through the confusion and determine whether an annuity might play a role in your retirement strategy.
What Is an Annuity?
At its core, an annuity is a financial product designed to provide a stream of income, often during retirement. You purchase an annuity contract—usually from an insurance company—either by making a lump-sum payment or a series of payments. In return, the insurer promises to pay you income either immediately or at a future date. Read More
A record number of Americans now have $1 million or more saved in their 401(k)s—a milestone many dream of when planning for retirement. But despite this achievement, most retirees face a critical challenge: How do you turn your 401(k) into a reliable income stream for life?
Saving for retirement is only half the equation—making your savings last is just as crucial. Many retirees unknowingly expose themselves to risks like market downturns, inflation, and outliving their money. That’s where a Fixed Index Annuity (FIA) can help, providing a guaranteed lifetime income stream and protection against volatility. Read More
Planning for retirement involves choosing the right savings plan, but the differences between 401(k) vs. 403(b) vs. 457 can be confusing. Whether you work in the private sector, a nonprofit, or a government job, understanding the pros and cons of these tax-advantaged accounts is crucial.
This guide provides a detailed 401(k) vs. 403(b) vs. 457 comparison, including investment options, employer matching, annuities, taxes, and contribution limits. If you’re wondering which plan is best for your retirement, this article will help you decide. Read More
Retirement tax planning is essential to ensuring financial security in your golden years. Without proper planning, taxes can eat into your savings, reducing the income you depend on. However, with smart strategies—such as leveraging annuities and life insurance—you can optimize your tax liability while ensuring a steady income stream for the rest of your life.
This guide will explore how to reduce taxes in retirement, maximize your income, and integrate tax-efficient financial tools like annuities and life insurance into your plan. Read More
If a Retirement Plan or Annuity is Qualified, This Means…
When planning for retirement, understanding how your income sources will be taxed is crucial. One key concept to grasp is whether a retirement plan or annuity is qualified or non-qualified. These classifications directly impact how contributions, growth, and withdrawals are taxed—affecting your financial strategy both before and during retirement.
What Does “Qualified” Mean in Retirement Planning?
A qualified retirement plan or annuity meets specific requirements set by the IRS and the Employee Retirement Income Security Act (ERISA). These plans are typically tax-advantaged, meaning contributions are made pre-tax, investments grow tax-deferred, and distributions are taxed as ordinary income when withdrawn. Read More
Fixed annuities have long been a popular choice for individuals seeking guaranteed income and predictable returns on their retirement savings. When you search for “fixed annuity rates,” it’s clear that interest in these secure investments is high, particularly as market volatility makes riskier investment vehicles less attractive. This article will explore what fixed annuities are, how their rates are determined, and what makes them a reliable choice in any economic environment. Understanding these factors can help you make an informed decision as you compare fixed annuity options and evaluate the best rates available.
What Are Fixed Annuities?
Fixed annuities are financial products offered by insurance companies that guarantee a specific rate of return over a set period. When you purchase a fixed annuity, you pay a lump sum (or series of payments) to an insurance company. In return, the company guarantees a fixed interest rate on your investment, typically over a term of 3, 5, or 10 years. The insurance provider also guarantees that you’ll receive a steady stream of income after the term ends or at the start of a designated payout period.
This fixed interest rate and predictable payout make fixed annuities a popular choice for individuals looking to protect their assets while still earning a return, regardless of market fluctuations. Read More
The Shaquille O’Neal Approach: Why Annuities Should Be a Key Part of Your Financial Portfolio
When Shaquille O’Neal speaks about success, people listen. A basketball legend with four NBA championships and an enduring legacy, Shaq has made a name for himself not just on the court, but in the business world. As of 2024, his net worth is an astounding $500 million, and while many might assume that his wealth stems from high-profile endorsements, tech stocks, and brand partnerships, Shaq recently revealed the secret that has given him lasting financial security: annuities.
This financial tool, often misunderstood or overlooked by the general public, has been the bedrock of Shaq’s wealth management strategy. But what exactly are annuities, and why should they matter to you, even if you’re not worth millions? Shaq’s investment in annuities offers a lesson in financial stability and security, one that everyone—regardless of income—can benefit from. Here’s why annuities are a crucial component of any portfolio. Read More
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