October 15, 2009

Chicago (InsuranceAgents.com) – Fortunately for investors whose CDs matured or funds have been removed from a qualified plan, they have the opportunity to benefit from an annuity rollover, the ability to reinvest their funds into an annuity. A recently published article on InsuranceAgents.com reveals the attraction of an annuity rollover to investors.  Fill out a form now to compare annuity quotes.

“Whether it’s your circumstance, age or goal that changes, there are a variety reasons to why people exchange investments,” the article, Breaking Down Annuity Rollovers, states. “Of course, we are also very susceptible to making errors in judgment, another reason why an annuity rollover might occur. Many young adults discover that the moment they put money into a CD, they need the funds back to protect against illness, income loss or to support a newborn. It is imperative you feel comfortable with the idea of an annuity rollover to prevent any financial woes in the future.”

There are two very common examples of annuity rollovers: pension to annuity and mutual funds to annuity. Pension to annuity are typically for those employees who don’t have full confidence in their company’s pension plan and want something more reliable. Mutual funds to annuity are for those who want a safe investment and a lifelong income.

“For people looking to change the look of their portfolios by allocating more money to fixed-income investments and less to risky ones, a mutual funds to annuity rollover would do the trick,” the article describes. “Not only would this strategy provide you with a safety net, but it would also allow you to benefit from a lifelong income.”

Investors looking use their money in a more lucrative way should consider reinvesting their rolled-over funds into an annuity. A rollover annuity can place an investor in an attractive financial situation, so those interested should contact a life insurance agent today.

Staff contribution: Rafael Onak