LIMRA just released annuity sales results from the fourth quarter of 2010 and the total year results, according to Ruthie Ackerman’s article in the Financial Times. “Who Were the Top 20 Annuity Writers in 2010?” summarizes the top sellers. Total annuity sales were published along …
According to “NationWide Wants Different 401k Plans” by Christi Roberts of Annuity News Journal, Nationwide Financial Services is looking to follow the government’s advice regarding 401k plans. The large life insurance company has proposed a plan to transfer traditional 401k money into 401k annuities. Employers …
Many people have realized over the past few years that they don’t nearly have enough money to live out their retirement. During and after the financial crisis people were not only hit hard losing some of the investments and savings, they also took stock of …
In Money Magazine’s Ask the Expert section, Walter Updegrave advises a couple to “Bridge income gaps with an annuity.” While they asked him how much of the husband’s 401k should be transferred to an annuity, there wasn’t quite an easy answer for that since everyone’s …
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