People are turning to annuities in droves to help strengthen their financial plan for retirement. Barbara Freidberg wrote about the “5 Best Annuities for Your Financial Plan” in a recent article for Go Banking Rates. Annuities are a strong retirement income option because state insurance …
Deferred income annuities have skyrocketed in popularity over the past couple of years because of their affordable guarantees and their increasing use as QLACs in defined contribution plans. There is a new trend with deferred income annuity products that could drastically increase those already valuable …
Americans are looking for lifetime income and providers are responding to this demand with new and improved products for defined contribution plans. In Plan Sponsor’s “Providers Respond to Participants’ Call for Lifetime Income,” John Manganaro talked about how the retirement income industry is evolving. Both …
Fixed Index annuities are getting a little more expensive and a little less generous, something that may go unnoticed to the untrained eye. This information comes from Insurance News Net’s article “FIA Terms Tighten Despite Strong Sales,” by Cyril Tuohy. Third quarter fixed indexed annuity …
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