Annuity rates are rising, and will continue to do so, experts believe.... ( read more )
LEARN MORE ABOUT: Retirement Annuities
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Pension annuity rates 'on the up' Pension annuity rates have been on the rise lately, bringing some welcome news to those with pension plans. Annuity rates determine how much income an individual can receive in exchange for their pension pot, and have been low for several years due to factors such as low interest rates and market uncertainty. However, recent market improvements have led to an increase in annuity rates. This can provide a greater level of financial security for retirees, allowing for a higher level of income in retirement. An annuity is a type of insurance product that guarantees a steady income for a specific period of time, usually for the rest of the individual's life.
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)