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New York Life’s Income Plus Variable Annuity

New York Life’s newest annuity is aimed at Baby Boomers who are planning to retire in two years or more.  The Income Plus Variable Annuity provides guaranteed lifetime income for the future and protects your money in volatile markets.  In Plan Adviser’s “NY Life Rolls …

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ACLI Opinions On Longevity Annuity Regulations

The American Council of Life Insurers’ Jim Szostek testified before the U.S. Department of the Treasury and the IRS regarding longevity annuities.  He said that the ACLI is thrilled with the government’s changes to annuities in order to make them easier for Americans to purchase.  …

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Talk to Annuity Expert for Best Advice, Even in 80’s

I’m really disappointed in something I recently read in the Daily Local News out of Lancaster, Pennsylvania.  In a question and answer column with columnist Bruce Williams, someone wrote in asking whether annuities would be a good idea to help them finance their remaining retirement.  …

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Tax Breaks with Advanced Life Deferred Annuities (ALDAs)

The Department of Treasury recently made it much easier for people to buy long-dated deferred income annuities, which are also known as longevity insurance or advanced life deferred annuities (ALDAs). The new regulations mean, for instance, that if you use tax-deferred assets to buy an …

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