The U.S. Securities and Exchange Commission’s Rule 151A might be thrown out by the U.S. Court of Appeals for the D.C. Circuit, according to “Court May Toss 151A Order” by Arthur D. Postal of National Underwriter. The SEC’s proposed rule would classify indexed annuities as …
In order to attract more advisers, New York Life Insurance Co. is changing their immediate annuities by introducing a no-load version. This information comes from Investment News‘ “Take a load off: New York Life set to tweak immediate annuities to draw advisers” by Jessica Toonkel …
In “Turning a lifetime of savings into income,” Walter Updegrave of Money Magazine gives advice on the best ways for you to make your retirement portfolio last as long as you live. He stresses that there are pros and cons to whatever options you choose …
If we knew exactly how long we were going to live, it wouldn’t be difficult to know how much money we need available in retirement. Unfortunately life expectancy tables and guesses are the best we can do when trying to determine how long we’ll be …
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