Will your retirement savings be there for you? With each year, more baby boomers turn age 65 and face a retirement that may last 30 years or longer. But many of these new retirees will have to provide their own retirement income as fewer retirees have a traditional pension plan they can depend on as a source of income.
In this seminar on Annuity Basics, you’ll learn:
- What an annuity is and how it can provide you with supplemental retirement income beyond traditional retirement sources such as IRAs and 401(k)s
- The key features of immediate vs. deferred annuities and fixed vs. variable annuities
- How to put money into and take money out of an annuity
- The different types of payout options and factors affecting payouts