The first longevity annuity created specifically to meet the new QLAC federal regulations has been introduced by AIG. The company’s American General Life Insurance Company created the American Pathway Deferred Income Annuity to be eligible as a qualifying QLAC in traditional IRA’s. This information comes …
CNN Money has been making “best of” lists for awhile now. One of their latest lists, “Best New Investment Ideas,” lists the deferred income annuity right at the top. They also mention a few other great investment ideas, but let’s start off with the annuity. …
Longevity annuities come in two different types and help to insure that you will not run out of money in retirement. They are essentially the opposite of life insurance, which leaves money behind in the case of an early death. Deferred income annuities and fixed …
People in Generation X are between the ages of 35-48 and most are not very close to thinking about retiring. For this reason, most annuity experts don’t believe that Generation X is interested in the newly popular deferred income annuities. New York Life found that …
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