COVID-19 Impact on Annuities and for Retirees

Published April 15, 2020
We are working hard to help retirees make the most of the financial challenges that the COVID-19 (Coronavirus) pandemic has brought on for many.

If you’re in the market for an annuity, the Blueprint Income team and services remain at your disposal. As a digital-first annuity marketplace, we can continue to support you without face-to-face contact. Here are some resources that may be helpful to you during this time:

  1. Annuity Decision Guide: Download for free to learn about the different types of annuities and the guarantees they offer.
  2. Fixed Annuity Rates: An online database with today’s rates for 3-10 year guaranteed return annuities.
  3. Income Annuity Quotes: Run your own quotes to see how much guaranteed, lifetime income you can receive for retirement
  4. Personal Pension Builder: Interested in an annuity but with limited funds available right now? Consider the Personal Pension.
  5. Schedule a Call: Schedule a call with a licensed annuity expert to discuss your personal situation.

Below you’ll find relevant information about current annuity market conditions, and more about the relief that has been provided from the federal and state levels.

April 2020

Blueprint Income | Market Update (May 2020): We shared our perspective on what impact COVID-19 is having on the fixed annuity market. Watch a recording here.
New York State allows deferral of premium payments. Although this ruling does not affect any products sold on Blueprint Income (because no further payments are required to receive the promised benefits), you may have life insurance or annuity policies purchased elsewhere where this does apply. Read the notification here.
Forbes: The 5 Most Important Changes For Retirees From Coronavirus-Related Laws And Executive Orders. Read more here.

 

Have a question? Please give us a call at (888) 867-7620 or email us at [email protected]. We’d love to help!

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Matt Carey

Matt Carey

Financial Planning Professional

Matt Carey is the co-founder and CEO of Blueprint Income. He believes in the power of technology to make retirement simpler. Matt is a regular contributor to Forbes.com and has been quoted in both the New York Times and Morningstar.

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