Are Equity Indexed Annuities a Good Option for Retirement?

With the current market turmoil and unparticularty, equity indexed annuities may be a good option for someone nervous about having their retirement savings being exposed to the volatility of the stock market. Equity indexed annuities were introduced in 1995 and have become gradually favorite ever since. Index annuities are underwritten by insurance companies that accommodate a minimum guaranteed return with excess interest crediting based on the performance of an outside index, such as the S&P 500, ...

How To Calculate Finance Charges

Having some intelligence of how to calculate finance charges is constantly a good thing. Most lenders, as you know, will do this for you, but it can helpful to be able to check the math yourself. It is imperative, however, to comprehend that what is presented here is a elemental procedure for calculating finance charges and your lender may be using a more complicated method. There may as well be other problems attached with your loan which may affect the ...