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New York Life Sells $1B of Deferred Income Annuities

The Wall Street Journal’s MarketWatch recently published an article by Anne Tergesen stating that “More boomers (are) buying ‘longevity’ annuities.”  While immediate annuities are still a popular choice for retirees, some younger Baby Boomers are purchasing deferred annuities as early as their 50’s, even though …

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Indexed Annuities and DIAs Are the Stars in 2012

After compiling the annuity sales data from the 4th quarter, LIMRA has released the total year sales numbers from 2012.  According to Insurance Networking News’ Carrie Burns in the article “2012 Annuity Sales: A Mixed Bag,” they are neither all bad or all good.  Fixed …

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NAFA Clarifies Annuity Info In Response Letter

Late last month, I wrote a blog about Bob Carlson’s article comparing bonds to immediate annuities.  While Carlson concluded that the annuity products are likely a better choice than the bonds, the National Association for Fixed Annuities (NAFA) thought that more information was necessary.  NAFA …

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An FYI About Immediate & Deferred Annuities

We’re going back to basics here with annuity products because the more I talk to people, the more I realize how little people know about them.  In an article published in The Daytona Beach News-Journal, David D. Holland informs the public about this $200 billion …

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