Running out of money in retirement is one of Americans’ biggest concerns. They have good reason for this worry. Only 22% of workers in private companies have a pension from their employer that will pay them monthly income. Most of these pension recipients will get …
Over the past couple of years, regulations have made it easier to use QLACs in qualified retirement plans. The IRS offers greater tax breaks and consumers can guarantee lifetime income from part of their retirement savings. But Qualified Longevity Annuity Contract use in retirement plans …
There are many reasons why you might consider exchanging your variable annuity product. You might be looking for a better deal, your needs might have changed, or perhaps your insurance company is initiating a variable annuity exchange. Whatever the reason, there are a lot of …
All of the recent fixed indexed annuity news has been in regards to the product’s inclusion in the DOL fiduciary rule. Now that we’ve all adjusted to the surprise of indexed annuities being lumped with variable annuities under the BICE requirements, it’s time to determine …
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