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
Annuities can provide steady, reliable income during retirement, but in today’s high-inflation environment, it may not make sense to annuitize…
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 Insurance policies promise more than they can deliver.
These annuities guarantee against market losses but have big drawbacks.