Top Facts for Buying Annuities in Atlanta

Annuities have often been considered to be an investment alternative to CDs. If you are looking into ways in which to invest your money, this is a popular option that is worth considering. Annuities in Atlanta are growing in popularity as more people learn about the benefits that are offered by these investment and income building options.
An annuity is a type of contract that you make with an insurance company. As the annuitant,
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Are you Looking for an Annuity Quote in Atlanta?

Are you looking for an annuity quote in Atlanta, Georgia? First consider how an annuity contract works. An annuity contract is a type of contract offered by a financial institution that either accumulates value over time or is paid out to an individual over a designed time period. One common scenario involving an annuity contract is the death of a loved one, whose inheritance will be paid over a period of thirty years. Another common
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Get an Annuity Quote and Start Investing in Your Retirement

People around the nation, from Atlanta to Anchorage, are often confused over exactly what an annuity is and how it pays out, and this confusion is completely understandable. People wonder whether or not they should get an annuity quote, and what it could possibly do for them.

So, what is an annuity? Basically, an annuity is a contract between an individual and an insurance company. The individual gives money to an insurance company, either in a
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Check annuities for retirement rescue (Bankrate.com via Yahoo! Finance)

The frequently maligned annuity may be the best bet to rescue your retirement in today's volatile investment climate.
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ATLANTA----Forbes’ 2009 Retirement Guide calls retirement planning software by Torrid Technologies "Simple, easy-to-use retirement planning software with colorful graphics.”
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After retiring as president of Boeing's aerospace unit in 1989, Henry "Bud" Hebeler was
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Regional Banks Writing Off Residential Construction Loans

Cleveland, Ohio-based Keycorp announced today that it may have to write off up to 1.3% of its entire loan portfolio due to weakness in new home values, according to a story on Businessweek.com. Other regional banks in the construction and home improvement loan market such as Wachovia, Fifth Third Bankcorp, and RegionsFinancial, could be similarly affected. Just three weeks ago Keycorp expected the losses to be less than .9% of its portfolio.
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UBS Suffers Loss Of $7 Billion On Sale Of Loans And Plans Sale Of New Shares At Discount

BBC News has reported that the Swiss bank UBS has sold loans valued at about $22 billion to Blackrock for $15 billion. The deal represents a $7 billion loss – almost one-third of their value – for UBS on those assets. The assets UBS sold include sub-prime, prime mortgage-backed securities and Alt-A mortgage loans. To add insult to injury, UBS is also lending Blackrock $11.25 billion to help it finance the deal.
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FINRA: Beware Early Retirement Scams

According to opinion columnist David McPherson writing on ABCnews.go.com, certain unscrupulous financial advisers pitch a scenario to employees of major corporations. The pitch is quite attractive: You can retire early (while in your 50's), cash out your retirement plan, and live off 12 percent annual returns. These brokers use unrealistic investments projections to convince prospects that they can retire comfortably when they are in their 50's. The brokers earn fees
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Foreclosures In April Up A Surprising 65%

According to the numbers reported in USA Today on May 15, the mortgage crisis is worsening. Foreclosure filings were up 65% in April from a year ago, leading some analysts to warn that the disaster may not end before 2010. According to RealtyTrac, 243,353 homes were facing foreclosure nationwide last month, which amounts to roughly 2 percent of all homes. These latest numbers are the highest since the company began issuing foreclosure reports in
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More Subprime and Alt-A Mortgages Heading Underwater

According to Jody Shenn of Bloomberg.com, Barclays Capital has reported that about half of subprime and Alt-A borrowers will soon either have little equity in their home or will actually owe more on their mortgages than their homes are worth. This will put an additional $800 million of debt at greater risk of default. New York-based analysts, Ajay Rajadhyaksha and Derek Chen wrote, “Mortgage loans are moving underwater at a very sharp pace,
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Foreclosures Rising and Home Prices Falling at Unprecedented Rates

According to a story by Stephanie Armour in USA Today on April 29, the most severe real estate recession in decades is far from over – the pace of foreclosures is rising, the fall of home prices is accelerating, and the pain is spreading to almost every major city. The Standard & Poor's/Case Shiller home composite index of 20 cities fell by 12.7 percent in February compared with last year. This was the largest decline
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