Most investors have never heard of secondary market annuities
New York, NY (PRWEB) June 15, 2010
Annuity FYI, a leading retirement planning resource, announced today its endorsement of Secondary Market Annuities, which currently offer guaranteed interest rates as high as 7.75%.
Secondary market annuities require a fixed one-time investment amount, typically between $40,000 and $500,000. In exchange, the investor receives a guaranteed rate of return over a specified time period, through a series of lump sum and or periodic payments. The payment of secondary market annuities is safe and dependable -- personal annuity receivables are direct obligations of insurance companies such as MetLife, John Hancock, Pacific Life, Allstate, Prudential, The Hartford, Aegon, and other A and AA rated carriers.
Annuity FYI offers a comparison table highlighting actual secondary market annuities, informational resources about these products, and free access to Annuity FYI Experts via e-mail and telephone. Investors can see the amount of investment required, as well as the timing of returns and monthly compounded effective yields. A recent example includes a $50,000 investment in a Transamerica secondary market annuity guaranteeing total repayment over 24 years of $300,000, for an effective annual compounded yield of 7.75%. Annuity FYI also offers an exclusive weekly e-mail alert to inform investors of current secondary market annuity offerings.
"Most investors have never heard of secondary market annuities," commented Greg Shaughnessy, Director of Marketing for Annuity FYI. "They have no idea that they can participate in a long-term, guaranteed fixed rate of return investment that is currently much higher than fixed annuities, bank CDs, and bonds. Annuity FYI's comparison table and free e-mail alerts is one of the few ways for investors to find out about these opportunities."
ABOUT ANNUITY FYI
Annuity FYI is a free resource for learning about, comparing, and selecting the most competitive annuities. Annuity FYI was launched in November of 2000 and since then has become the nation's most respected resource for educating investors on annuities. Annuity FYI has been featured in leading financial publications including Barron's and The Wall Street Journal. Annuity FYI's mission is to seek out the very best annuities and annuity riders among the thousands of products in the marketplace, and give investors the expert resources necessary to make an informed annuity purchase. Specifically, Annuity FYI researches the universe of annuities in the US market, identifies the very best annuity products and riders in each category, presents best-of-class annuities in an organized, easy-to-read format, and educates investors about the types of annuities, their advantages and shortcomings. Annuity FYI also makes Annuity Experts available to individual investors toll-free to answer questions about annuities at 866 223-2121.