For many, the “savings” part of retirement planning is the easy part. It’s figuring out how to turn that savings into a steady income that can be tricky, especially when wanting that income to last a lifetime. Are you confident about having enough income to …
A new study from the Employee Benefit Research Institute found deferred income annuities (DIAs) held within a 401(k) could be a critical component to a secure retirement. According to a recent ThinkAdvisor article, individuals who purchased a DIA at age 65 with no death benefits …
If you research annuity products online, you’re going to find a plethora of information that both support these financial tools and caution against them. With so much controversy surrounding them, many companies are still skeptical about selling annuities, but one in particular is taking a …
According to a recent article from InsuranceNewsNet, inquiries about life-only guarantees on income annuities jumped to 26% compared to the previous year, at 22.4%. This is the third year in a row that significant increases in these inquiries were observed. Experts believe this is a …
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