TIAA-CREF’s CEO, Roger Ferguson, says that low cost annuities are better in many ways than 401k’s. The company provides retirement services to more than 5 million people at different types of nonprofit organizations. He believes that annuities are the solution to America’s retirement crisis because …
The LIMRA Secure Retirement Institute recently collected annuity sales data for their quarterly U.S. Individual Annuities Sales Survey. This information came from Investment News’s article “Top 10 annuity sellers in the second quarter.” Here is a summary of the second quarter sales figures before third …
TIAA-CREF conducted a survey earlier this year of 1,000 Americans called the 2015 Lifetime Income Survey. Insurance News Net’s Linda Koco summarized the recently released findings in the article “People Want Lifetime Income But Don’t Know Annuities.” Having guaranteed monthly income in retirement is important …
In most people’s eyes, Chairman of the Federal Reserve Ben Bernanke is very wealthy. So they may not pay any attention to where he holds his money when he has to disclose this information each year publicly. But if the Fed Chairman thinks something is …
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