October 7, 2009, Featured Articles

Presidential’s New Campaign

By Kerry Pechter   Wed, Oct 07, 2009

Presidential Life has engineered a two-tier income annuity where the first annuitant receives benefits for life but the survivor receives income for a period certain or for life, whichever is less.

In a year when low interest rates are making single premium immediate annuities more expensive, tiny Presidential Life, which was born 44 years ago in a Nyack, NY storefront, has found a way to enhance a SPIA's payout.


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