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Are You Setting Aside Enough Money for Retirement? QuickenInsurance Offers Consumers Online Annuities Tools for Increased Retirement Security.


Business & Technology Editors

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 25, 2000

Annuities have recently become more attractive investment options for retirement savings. Once considered too expensive and inflexible, annuities are increasing in popularity as insurance providers continue to introduce low-cost products with a variety of investment options. However, retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional.  - and annuities in particular - continues to remain a confusing issue for many individuals. Until now.

QuickenInsurance (www.QuickenInsurance.com), the leading online insurance marketplace, provides consumers with some of the necessary tools and materials needed to better educate themselves on how annuities can bolster financial security. The QuickenInsurance Web site addresses consumers' frequently asked questions regarding annuities, such as:
- What is an annuity? An annuity is a tax-deferred investment vehicle packaged
as an insurance product.

- Is an annuity right for me? Whether or not you should purchase an annuity
depends on your individual situation. Are you already contributing the maximum
amount to your tax-deferred qualified retirement plan? Are you looking for
additional tax-deferred opportunities? QuickenInsurance poses these and other
questions that will help consumers determine if buying an annuity is right for
them.

- What are the different types of annuities? There generally are two ways to
classify annuities based on their key features: the timing of the benefit
payments, and how the annuity earnings accumulate. The QuickenInsurance Web
site provides individuals with various benefit payment and annuity earning
options.

- What pay out options are available? When you begin to receive regular
payments from your annuity, the amount of the payment will generally be
determined by the value of the account, your age and the pay out option you
select. QuickenInsurance highlights the variety of pay out options consumers
can choose.


"Insurance is not just protection, it is also peace of mind," said Steven Aldrich, president and general manager for QuickenInsurance. "By bringing annuities products to our wide spectrum of insurance offerings on QuickenInsurance, consumers may now have added peace of mind knowing that they are financially prepared for their future."

Completing a short questionnaire enables consumers to determine if annuities are right for them and the types of products would be the most effective. If consumers decide that additional retirement security is needed, QuickenInsurance can instantly provide fixed and variable annuities Variable annuities

Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
 choices through reputable companies such as the Principal Financial Group, GE Capital Assurance (GECA GECA Georgia Electronic Commerce Association
GECA Gilroy Early College Academy (Gavilan College; Gilroy, CA)
GECA Greater Elkridge Community Association, Inc. (Elkridge, MD) 
), Allmerica Financial Life, Western-Southern Life, and TransAmerica.

About QuickenInsurance

QuickenInsurance (www.QuickenInsurance.com) is the leading insurance service Web site on the Internet, offering real-time, online term life and auto insurance quotes, complete with payment options. The site, which was named the top insurance aggregator by Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  Dean Witter Dean Witter may refer to:
  • Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
  • Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)
 in 1999 and the number 1 online insurance firm by Gomez Advisors, also features a library of educational material to assist consumers in learning more about insurance, as well as interactive insurance planning tools and information from independent experts.

QuickenInsurance is part of Quicken.com(TM) (www.Quicken.com), which provides individuals with information and software tools to help them make better financial decisions.

About Intuit in·tu·it  
tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem
To know intuitively.



[Back-formation from intuition.
 Inc.

Intuit Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: INTU INTU Intuit, Inc. (stock abbreviation, AMEX) ) is the leader in e-finance, including financial software and Web-based services. Intuit develops and markets Quicken(R), the leading personal finance software; TurboTax(R), the best-selling best·sell·er also best seller  
n.
A product, such as a book, that is among those sold in the largest numbers.



best
 personal tax preparation software; and QuickBooks(R), the most popular small business accounting software. Intuit's Quicken.com(TM) Web site (www.Quicken.com) is a leading financial Web site, offering a comprehensive set of financial news, information and tools, including insurance, mortgage, investment and tax preparation services Tax preparation services

Firm that prepare tax returns for a fee.
. Intuit's products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.

Intuit, the Intuit logo, Quicken, QuickBooks, QuickBooks Pro, TurboTax and ProSeries, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and other countries. Quicken.com, QuickenInsurance, Quicken Loans Quicken Loans Corporation is a retail home mortgage lending firm in the US. Quicken Loans Inc. is comprised of the Quicken Loans and Rock Financial, and Title Source, a settlement service provider. Quicken Loans closed $18 billion in residential mortgage loans in 2006.  and Lacerte, among others, are trademarks and/or service marks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 25, 2000
Words:678
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