Ask Colleen King

Health Insurance, life insurance, annuities, long term care insurance–okay, my usual topics are in. But today’s article is not to talk about insurance, I just want to wish everyone a Happy New Year.
2008 was a lousy year for many people, so kick it to the curb and get ready for 2009. As far as insurance, [...]

I recently heard this statement at a sales training session, and it’s become my new mantra. Health insurance and most other types of insurance for that matter, can be really expensive and now’s not the time to be absorbing rate increases.
Even though I sell insurance for a living I don’t like to see people pay [...]

Can it get much crazier? If you’ve never considered an annuity for anything before, you should consider it now.
An annuity is actually an insurance product that gives people a guarantee on their investment. At least the fixed annuities and fixed indexed annuities do. The stock market is a scary place to have your money these [...]

Annuities are a tool that allow money to grow on a tax deferred basis. Not tax free, tax deferred. Tax deferred growth is the benefit of retirement plans, whether you are looking at an employer plan such as a 401k or 403b, or an IRA you start yourself. The idea is that you let this [...]

Annuities can be a good things for a lot of people depending on their retirement status, financial situation and age. There are essentially two categories–fixed and variable. In the fixed category, you have the regular old fixed annuity and fixed indexed annuities.
Variable annuities I’ll touch on briefly–only briefly because I don’t sell them, but want [...]