New Life For Life Insurance

Now could be the time to invest in your own health

IF IT’S GOOD ENOUGH FOR BANKERS . . .

According to government disclosures, Fed­eral Reserve Chairman Ben Bernanke has a majority of his liquid wealth—between $1 million and $2 million—invested in fixed and variable annuities. Fixed annuities are contracts issued exclusively by life insur­ance companies that promise guaranteed rates of interest.

What’s more, the 401(k) Thrift Plan for Employees of the Federal Reserve System, according to a 2009 first-quarter Fed report covering 22,000 Fed employees, has 75 percent of its assets—that’s $3.2 billion—in­vested in its fixed-income fund, which is invested exclusively in annuity contracts underwritten by major U.S. life insurance companies guaranteeing principal and an interest rate of 5.8 percent.

For more, click here or contact:

Timothy F. Moore, CLU, ChFC, CLTC, AEP
Financial Services Professional
New York Life Insurance Company Agent
(909) 598-2333 / Email: TFMOORE@FT.NEWYORKLIFE.COM

CA Ins. Lic #0678483