Sarasota’s self-proclaimed “Annuity’s King” said he will be appearing in court on Wednesday to discuss his right to have a GoFundMe account soliciting donations to help pay for legal fees during his appeals process. Phillip Wasserman, 67, was sentenced on Jan. 31 to 15 years in federal prison followed by three years supervised release after […]
An annuity is a financial contract typically made with an insurance company. It involves a promise to make a single lump-sum payment or a series of payments over time. In return, the insurance company agrees to make fixed payments to the annuitant at a future date. Annuities, often used for retirement savings, offer a blend […]
SmartAsset: How Much Would a $1.5 Million Annuity Pay? Annuities are a form of hybrid financial product. Part investment and part contract, they’re primarily sold by insurance companies as a way to save for retirement. While in recent years they have come under criticism for below-market returns, many retirees like them for the sense of […]
If you decide to invest in an annuity, you should understand how much stable income you can expect from it. If you have $1 million, you likely want to know how much your monthly payout will be. Monthly cash flow from a $1 million annuity varies depending on several factors, including the type of annuity […]
SmartAsset: How Much Does a $50,000 Annuity Pay Per Month? Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here’s how much you’d get per month if you invested $50,000. A financial advisor […]
Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […]