One of ACLI’s proposals would require defined contribution plans to offer an annuity option. Under the framework outlined to lawmakers, participants in plans such as 401 (k) and 403 (b) arrangements ...
Private equity firms are buying up insurers — and the policies they hold — at a feverish pace. Some groups, namely financial advisors, fear the trend may be bad for consumers who own annuity and life ...
Life annuities have never been popular in Canada, even when payouts were higher than they are now. It seems most retirees ...
When it comes to insurance products, here’s one piece of advice: The key isn’t what the product is — it’s what the client wants to do with it. We’ve been trained to think each product has one specific ...
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Pros and Cons of Annuities
Annuities are a mixed bag -- they're a great way to help ensure you won't outlive your money, but fees are costly.
If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...
The annuities marketplace is banking on continued investment from private equity to keep up with product demand, as US annuity sales increased 8 percent year-over-year to a record $119.2 billion in ...
A consumer advocate is talking to state insurance regulators about a grave threat to the performance of life insurance ...
Most insurers pay out policies in a lump sum, but some companies offer installment payments. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
Annuities are often marketed as a safe and reliable source of income, especially in retirement. They come with the promise of ...
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