AARP Fixed Annuity: An Option for Senior Citizen Financial Security
May 8th, 2010 | By Sharon Shaw Elrod MSW EdD | Category: Senior FinancesAARP has again partnered with New York Life Insurance and Annuity Corporation to offer a fixed annuity, with an interest rate guaranteed for five years. The program is available to AARP members ages 50-85 and spouses ages 45-85. Fixed annuities are just that: a legal agreement that the insurance company will pay the senior citizen [...]
