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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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Deferred Income Annuity, aka Longevity Insurance

Deferred income annuities, or longevity insurance, are being introduced by more and more mutual insurance companies.  These annuities are becoming increasingly popular due in part to the the low interest rate environment and a volatile stock market.  Investment News’ Darla Mercado talks about why mutual …

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Fixed Annuities Welcome a New Product From MassMutual

MassMutual has introduced a new product in the world of fixed annuities, according to a company press release entitled “New Fixed Annuity Introduced: MassMutual Stable Voyage(SM).”  This single premium deferred fixed annuity offers many benefits to investors, including interest rate guarantees and protection on part …

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