Annuity Gets Boost in Retirement Planning

Online, May 28, 2010 (Newswire.com) - An annuity with varied investment funds to choose from and relatively low fees can be just the retirement planning tool you need instead of the same old pension schemes.Annuities are helping big insurance companies bounce back from recent slumps as more people choose an annuity to boost their pension funds.

President Barack Obama recently spoke of a move to alter government rules to permit the inclusion of annuities to 401k retirement plans.Annuities do offer a regular stream of income as a return on upfront payments giving peace of mind the fees and less access to lump sum cash need to be assessed before selecting the right annuity option for your particular situation.

Annuity insurers and investment funds companies are beginning to sell retirement plans with built-in annuities as a counter measure to the probability of Americans outliving their savings.
With the different types of annuities on offer it is becoming decidedly more confusing to choose the right retirement plans to suit your needs.

From refund annuity to joint life and life term being among the more popular pension funds, which annuity fits as the right plan for your situation?

It is important to know your options and ensure your golden years are free of financial hardship which is why at the structured settlement company we offer a wealth of information about annuities and your annuity options.