Ameriprise Annuities
Introduction to RiverSource Annuities and Insurance.
Ameriprise annuities. Ameriprise Financial can help you plan for a more confident retirement with fixed annuities available through third-party insurance carriers. Reaching your financial goals involves protecting your assets as well as managing them. Is a diversified financial services company and bank holding company incorporated in Delaware and headquartered in Minneapolis Minnesota.
There are a variety of annuity products available to help meet retirement savings and income needs. Or call our Ameriprise Advisor Center at 800 257-8740 8 am. Ameriprise said RiverSource Life would continue to administer and service the annuities involved in the deal.
They also offer the option to annuitize or convert your account to a series of guaranteed income payments for either a specific period of time or for as long as you live during retirement. Ameriprise tries to sell you annuities Reits and other complex platforms that charge you up to 20 times the fees of a low commission Fidelity or other fund. Ameriprise headquarters in Minneapolis.
Ameriprise announced June 29 that it had agreed to cede or transfer responsibility for a large block of RiverSource annuity business to Global Atlantic. Be sure to talk to a financial advisor about the annuitys features benefits risks and fees and whether the annuity is appropriate. Ameriprise Financial Ameriprise annuities and accident and health insurance as defined in paragraphs 1 2 and 3 of Section 1113 a RiverSource Life Insurance Company of New York distributes its life and annuity.
Global Atlantic will pay Ameriprise 700 million for the contracts. It is a shame people dont realize this until they have lost lots of with ameriprise. It provides financial planning products and services including wealth management asset management insurance annuities and estate planning.
Sales of variable annuities and other retirement products increased 88 to 16 billion the company said. Annuity and insurance products are issued by RiverSource Life Insurance Company Minneapolis Minnesota and in New York only by RiverSource Life Insurance Co. Operates as a holding company.