New York Life Insurance Company released a unique fixed annuity product last October without any introduction or fanfare. This deferred fixed annuity is one of the first to offer guaranteed lifetime withdrawal benefits comparable to those of variable annuities and indexed annuities. This information comes …
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 …
Voya Financial is one of the newest companies to introduce a 401k annuity product. In “Voya jumps into 401(k) annuity game,” Marlene Y. Satter of Benefits Pro introduced the company’s Lifetime Income Strategy. Voya’s Retirement Solutions business says that their new product is a retirement …
MetLife was a big player in the variable annuity game for years, but they scaled back on their benefits in the recent past to make up for some turmoil in the markets. They are back in the game now with a new variable annuity guaranteed …
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