Home / 401k Annuity / Page 2

Low Cost Annuity Options Beat 401k Plans, According to TIAA-CREF’s CEO

TIAA-CREF's CEO, Roger Ferguson, says that low cost annuities are better in many ways than 401k's. The company provides retirement services to more than 5 million people at different types of nonprofit organizations. He believes that annuities are the solution to America's retirement crisis because employees need a guaranteed income source when they stop working. In "Tips for Retirement Saving from TIAA-CREF'S Roger Ferguson," an article for Bloomberg Businessweek, Carol Hymowitz interviewed... Read More

Improve Retirement Lifestyle by Saving More, Working Longer, Using Annuities

Many Americans have two options when it comes to having financial security later in life. They can either work longer or save more. If you don't want to work into your 70's, you should be saving more during your working years and considering annuities to create income later in life. Insurance News Net's Linda Koco summarized recent survey results for the article "Work Longer Or Save More: Which Will It Be?"  The survey was performed by Aon Hewitt and included 2.1 million workers at 77 large... Read More

It’s Easy to Account for Longevity Risk with a DIA

It might seem like we've been blogging a lot about deferred income annuities recently and we have.  That's because deferred income annuities, aka longevity annuities, are all over the news lately.  One of the most recent articles about these products was written for The Huffington Post by Terry Savage.  Savage is a very well known financial expert.  Her article, "Don't Run Out of Money in Old Age," discussed the use of deferred income annuities to protect your financial future.  She says... Read More

Defaulting 401k Savings Into Annuities Is A Possibility in the Future

Forbes Magazine's Ashlea Eberling recently asked the question "Should Employers Default Workers 401(k)s Into Annuities?"  It's a difficult topic to approach because people are not usually receptive to being told what to do or being forced to put their money somewhere.  But many people have mentioned the idea of defaulting some of workers' 401k savings into an annuity that would provide them with lifetime income upon retirement.  Workers could of course opt out of this default, but would they... Read More

The Wall Street Journal: Annuity Options In 401k Plans Are Important

The Wall Street Journal recently published "Why Guaranteed Annuities Belong In 401(k)s" by Ted Jenkin.  The author has been a personal witness to the happiness and security that having an annuity during retirement brings someone.  His mother receives annuity payments every month and this brings her such happiness and relief in retirement, knowing that she will receive that income for as long as she lives.  The public often associates annuity products with high fees, high commissions or bad... Read More

USA Today Explains Longevity Annuities in Retirement Plans

In the USA Today article, "Securing retirement income with annuities," Advice IQ's Sterling Raskie explains how annuity products can help you create a lifetime stream of income.  Raskie says that the goal of any retirement plan is to have enough income to live comfortably for the rest of your life.  Annuity products can help you meet that important retirement goal.  While there are many different annuity products that you can use to create income, Raskie focuses on using longevity annuities... Read More

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 to use deferred income annuities in 401k plans because Americans are worried about running out of money during retirement.  The average American has to worry about financing around two decades of life with their... Read More

Longevity Annuities Are Poised to Become America’s New Pension

In The Garden City News section "The View From Here," Bob Morgan, Jr. wrote an informative article about "Longevity annuities and retirement security."  He said that while longevity annuities are not the perfect solution to the American pension crisis, they solve many of the dilemmas that have come about since defined contribution plans replaced most company pensions.  Most retirement benefits are now saved in defined contribution plans like 401ks.  These plans do offer a few benefits over... Read More

Few Workers with DC Plans Anticipate Annuity Income

LIMRA's Secure Retirement Institute recently asked workers with defined contribution plans where annuities fit into their future retirement financing.  Insurance News Net's Linda Koco summarized the results in her article "Where Do Annuities Fit In?"  Workers were asked where they expect their retirement income to come from and annuities ranked last on their list.  More than 3/4 of workers in both the private and not-for-profit sectors expect some of their retirement income to come from... Read More

Longevity Annuities Are Poised To Take Off This Year

Yesterday's blog post listed some of the reasons why annuities are not in many defined contribution plans and why they are likely to be offered in many more plans in the future.  Jean Chatzky agrees with this and believes that longevity annuities are going to take off this year.  In a recent Fortune Magazine article, she explained "Why 2015 is the year for longevity annuities."  The Employee Benefit Research Institute's 2014 Retirement Confidence Survey found that only 18% of workers are... Read More

Annuityfyi.com - Prefooter

Contact

Mailing Address:

1165 NE 105 St.
Miami Shores, FL 33138

Email:

support@annuityfyi.com

Phone:

(866) 223-2121

Follow Us On

Click for the BBB Business Review of this Annuities in Miami Shores FL

Copyright © 2019 AFYI Holdings Group, LLC, All Rights Reserved

Share On Facebook
Share On Twitter
Share On Linkedin
Share On Pinterest