TIAA-CREF conducted a survey earlier this year of 1,000 Americans called the 2015 Lifetime Income Survey. Insurance News Net’s Linda Koco summarized the recently released findings in the article “People Want Lifetime Income But Don’t Know Annuities.” Having guaranteed monthly income in retirement is important …
We’ve talked before in this blog about the increasing popularity of deferred income annuity products. Since 2011, their sales have increased from $211 million to around $2.8 billion last year. The increasing sales of deferred income annuities have come partly from a decrease in variable …
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 …
Voya Financial is one of the newest companies to introduce a 401k annuity product. In “Voya jumps into 401(k) annuity game,” Marlene Y. Satter of Benefits Pro introduced the company’s Lifetime Income Strategy. Voya’s Retirement Solutions business says that their new product is a retirement …
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