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Annuities For Dummies

Annuities For Dummies


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About the Book

Why look into annuities? If you’re a Baby Boomer with little or no pension and most of your money in low-interest savings accounts, an annuity may be the key to a secure and comfortable retirement. How can you find out whether an annuity is right for you? Read Annuities For Dummies, 3rd Edition. This completely revised and updated, plain-English guide is packed with the latest information on choosing the best annuity for your retirement needs. You’ll find out exactly what annuities are, whether they’re the right financial vehicle for you, and which of the many annuity options might have your name on it. You’ll learn the ins and outs of using annuities to fund your retirement years, figure out whether to stress investments with insurance or insurance with investments, and find out how the right combination of annuities can help you squeeze more income out of your savings that any other financial tool. Discover how to: Identify the main types of annuities Weigh the pros and cons of annuities for yourself Minimize the complexity and cost of your annuity investment Figure out how much money to commit Avoid common annuity pitfalls Create an income you can’t outlive The time to start securing your financial future is now. Annuities For Dummies, 3rd Edition, gives you knowledge, insider tips, and expert advice you need to make your money do its best for you.

Table of Contents:
Introduction 1 Part I: Annuities: A Blend of Insurance and Investment 7 Chapter 1: Making Sense of Annuities 9 Chapter 2: Using Annuities to Meet Retirement Challenges 19 Chapter 3: Dissecting an Annuity 29 Chapter 4: Weighing the Pros and Cons of Annuities 41 Chapter 5: Deciding Whether an Annuity Is Right for You 55 Part II: Identifying the Main Types of Annuities 67 Chapter 6: Saving with Fixed Annuities 69 Chapter 7: Experimenting with Index Annuities 87 Chapter 8: Meeting the New Generationof Variable Annuities (VAs) 103 Chapter 9: Financing Your Retirement with an Income Annuity 115 Chapter 10: Aging Gracefully with an ALDA 131 Part III: Making the Most of Your Annuity 145 Chapter 11: Structuring Your Annuity Correctly 147 Chapter 12: Optimizing Your Variable Annuity (VA) Investments 155 Chapter 13: Accessing, Escaping from, or Converting Your Annuity 169 Chapter 14: The Taxing Side of Annuities 179 Part IV: Navigating the Annuity Superstore 191 Chapter 15: Getting Creative with Annuities 193 Chapter 16: Going to Meet the (Sales) Representative 209 Chapter 17: Avoiding Annuity Pitfalls 223 Part V: The Part of Tens 237 Chapter 18: Ten Essential Annuity Expressions 239 Chapter 19: Ten Questions to Ask Before You Sign a Contract 249 Chapter 20: Ten Factors that Determine Longevity 257 Chapter 21: Ten Web Sources for More Annuity Information 267 Appendix A: Key Research Sources 277 Appendix B: Protection from Insurer Default 299 Appendix C: General Rule for Pensions and Annuities 303 Glossary 319 Index 327

About the Author :
Kerry Pechter is the senior editor of Annuity Market News. As a reporter who writes about annuities and the annuity industry full-time and as a former marketing writer who specialized in annuities at The Vanguard Group, he brings both an outsider’s and an insider’s perspective to the writing of this book. A financial journalist for many years, Kerry has written for the New York Times, the Wall Street Journal, the Los Angeles Times, and many other national and regional publications. His previous books include two career guides, A Big Splash in a Small Pond: How to Get a Job in a Small Company (Fireside) and An Engineer’s Guide to Lifelong Employability (IEEE). He is a graduate of Kenyon College.


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Product Details
  • ISBN-13: 9780470377147
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: For Dummies
  • Language: English
  • ISBN-10: 0470377143
  • Publisher Date: 11 Feb 2008
  • Binding: Digital download
  • No of Pages: 368


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