Scott Witt

Scott Witt, president of Witt Actuarial Services, a fee-only consultant that analyzes life insurance policies and annuities for financial planners and affluent individuals, New Berlin, Wisconsin. WittActuarialServices.com

Is an Annuity a Bad Idea in Today’s Economy?
Personal Finances

Is an Annuity a Bad Idea in Today’s Economy?

Scott Witt | February 8, 2023

Annuities can provide steady, reliable income during retirement, but in today‚Äôs high-inflation environment, it may not make sense to annuitize…

The Pandemic is Pushing Up Life Insurance Premiums

The Pandemic is Pushing Up Life Insurance Premiums

Scott Witt | October 7, 2020

A plunge in interest rates has caused life insurance companies to stop issuing certain policies and take several other steps that could hurt consumers.

Indexed Universal Life Policies Are Not as Appealing as They Seem

Indexed Universal Life Policies Are Not as Appealing as They Seem

Scott Witt | March 30, 2020

Indexed Universal Life Insurance policies promise more than they can deliver.

Don’t Fall For This Tempting Annuity
Investing

Don’t Fall For This Tempting Annuity

Scott Witt | January 1, 2019

These annuities guarantee against market losses but have big drawbacks.