Many retirees will transfer their 401k plans to 401k annuities at retirement in order to receive lifetime income. This transfer, usually of just a part of your 401k savings, will ensure that you can meet your expenses in retirement and also that your savings will …
In “Outlook 2012: Annuities-Industry at Crossroads, With Weatherford, Greenwald, Cortazzo,” John Sullivan of AdvisorOne says that annuities should do well next year despite some potential hurdles. With two major annuity carriers departing the market recently, you would think that would forecast a big problem for …
People have been studying the psychology of annuities for years because they have the benefits many are looking for, but are not sold in the numbers that it seems they would be. Annuities offer the same type of benefits and security as the beloved pension, …
Security Benefit Life Insurance Company has introduced a new fixed annuity built for 403(b) plans. According to a Market Watch press release, “New Fixed Annuity From Security Benefit Life Insurance Company Brings Flexibility to 403(b) Marketplace,” this ‘Total Interest Annuity’ has one really interesting benefit. …
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