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Even With A 401k Annuity, Most Have to Work Until 70

Around half of Americans should be prepared to work until they are 70 years old, according to BankRate’s article “Are you ready to work to 70?”  Jennie L. Phipps says that Boston College’s Center for Retirement Research determined this age by calculating the retirement readiness …

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401k Annuity Transfers Made Easier

I’m happy to see that the federal government is continuing their work promoting annuities as a valuable tool in retirement.  Business Management Daily’s “Uncle Sam encourages annuity options” highlights some of the changes being promoted at the federal level.  By making it easier to purchase …

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Government Makes Annuity Purchases Easier

We’ve talked a lot in this blog about the recent federal government interest in annuity products and their use in retirement.  Christi Roberts’ Annuity News Journal article, “Annuity rules proposed by treasury,” details some of the proposed changes and their purpose for Americans.  Companies holding …

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ACLI Supports Annuities in 401k Plans

The American Council of Life Insurers issued a press release through Insurance News Net regarding the government’s plan to make annuities more accessible for retirees.  The ACLI approves of H.R. 4050, The Retirement Plan Simplification and Enhancement Act of 2012, and Massachusetts Rep. Richard Neal …

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