If you’ve got a 401k plan at work, you probably hear a lot about using annuities within your plan. Currently, 16% of employers offer annuities within their 401k plans. Workers are not forced to use them, but many recent studies have found that annuity products …
The terms “Generation X” and “Generation Y” are marketing terms without concrete dates, but they typically refer to people born between 1965 and 1999. Baby Boomers get a lot of attention from financial companies and advisors, but these Gen X and Gen Y Americans should …
Asset manager State Street Global Advisors (SSgA) recently asked people participating in a company retirement plan about what they liked and what they’d like to see more of. Their study results are detailed in the Business Wire press release “401(k) Investors Want Automatic Savings Increases …
I’ve just come across an annuity analogy with which I can really relate. In the Bluefield Daily Telegraph, Don McNay in essence compares annuity use to the difficulties of dieting. His article, “Annuities protect people from the pitfalls of a lump sum,” says that purchasing …
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