The Insured Retirement Institute released their State of the Industry report last month. The report offers insight into the overall annuity market for 2015 as well as a prediction that interest rates will rise above 3% this year. In Think Advisor’s article, “Fixed Index Annuities …
LIMRA’s Secure Retirement Institute recently asked workers with defined contribution plans where annuities fit into their future retirement financing. Insurance News Net’s Linda Koco summarized the results in her article “Where Do Annuities Fit In?” Workers were asked where they expect their retirement income to …
Yesterday’s blog post listed some of the reasons why annuities are not in many defined contribution plans and why they are likely to be offered in many more plans in the future. Jean Chatzky agrees with this and believes that longevity annuities are going to …
Those workers lucky enough to have a pension plan from their employer receive a stream of income payments during retirement that will last as long as they live. Most workers, however, have defined contribution plans like 401ks instead of pensions. The majority of 401k plans …
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