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Using Deferred Income Annuities in 401k Plans

The Huffington Post is talking about deferred income annuities.  In “401(k)s Welcome Annuities,” Jeff Rose says that deferred income annuity products are a good way to create a lifetime stream of retirement income.  Last year the U.S. Treasury Department and the IRS made it easier …

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Why Would Anyone Buy a Variable Annuity?

Variable annuities can get a bad rap in the financial industry.  Some of the negative talk is true because variable annuities can be complex and are certainly not the right financial product for everyone.  But variable annuities have their place in the industry, which is …

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AIG Introduces New QLAC for Retirement Plans

The first longevity annuity created specifically to meet the new QLAC federal regulations has been introduced by AIG.  The company’s American General Life Insurance Company created the American Pathway Deferred Income Annuity to be eligible as a qualifying QLAC in traditional IRA’s.  This information comes …

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Flexible Annuities Leave Money to Heirs, Among Other Benefits

There are ways to receive lifetime income from your annuity product without annuitizing it.  In Financial Advisor Magazine, David Shucavage discusses “Annuities As A Retirement Option.”  Your retirement savings can be used to supplement Social Security and any pension income you might receive upon retirement.  …

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