According to Donna Mitchell’s “Annuities Could Get Boost From Small Business Legislation” in Financial Planning, the annuity industry’s recovery is being helped by President Obama’s administration. After his Middle Class Task Force started promoting the use of annuities for the guaranteed lifetime income in January, …
In the Chicago Tribune Article “Annuities can be valuable slice of retirement pie,” Humberto Cruz describes he and his wife’s retirement plan using pension, Social Security, and four different annuities. Both Social Security benefits and pension payments are forms of an immediate annuity, providing lifetime …
In a follow-up hearing to the Labor and Treasury Departments request for information earlier this year, insurance companies want Washington officials to make it easier for employers to offer 401k annuities. Bloomberg’s article “Insurers Press U.S. to Let Employers Offer Annuities in Retirement Plans” by …
New York Life Insurance Company had a great first half of 2010 thanks to their sales of long term care insurance, fixed annuities, and mutual funds. According to Insurance News Net’s “New York Life Sees 47% Rise in Life Insurance Sales in First Half of …
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