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?
Financial Planning

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

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

The Pandemic is Pushing Up Life Insurance Premiums
Life Insurance

The Pandemic is Pushing Up Life Insurance Premiums

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
Life Insurance

Indexed Universal Life Policies Are Not as Appealing as They Seem

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

These annuities guarantee against market losses but have big drawbacks.