Jackson National Life Insurance Company has just announced the launch of their new fee-based variable annuity, Perspective Advisory II (PAII), according to a recent press release. With the goal of helping people find financial freedom in retirement, the product boasts no surrender charge and, together …
You’ve worked hard your entire life to stash away your hard-earned money into 401(k)s and IRAs, and you’re finally ready to retire. First of all, congratulations! Now, it’s time to deal with your tax dilemma. Generally, you have to start taking required minimum distributions (RMD) …
Further evidence of the recent boom in buffered variable annuity sales has surfaced in the form of third quarter numbers released by Allianz. According to a recent InsuranceNewsNet article, the financial services company claims that sales of these annuity products increased by an impressive 62% …
***UPDATED: March 20, 2018*** On the heels of a report from the Treasury Department that encouraged plan sponsors to offer annuities in 401(k)s, the Senate has introduced new bipartisan legislation. The bill, the Retirement Enhancement and Savings Act of 2018, is very similar to legislation …
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