According to a recent survey, most Americans would choose a monthly income of $2,700 a month for life over a lump sum retirement payment of $500,000, as reported in a Benefits Pro article. TIAA’s Lifetime Income Survey found that while 62% of Americans say they’d …
A new study, conducted by Jackson National Life Insurance Company and the Insured Retirement Institute (IRI), has found that while most Americans are interested in financial strategies that provide guaranteed lifetime income, many are unaware that annuities can provide it. The nationwide study, The Language …
Like with any other investment option, it’s important to understand what you’re getting before you sign on the dotted line. That is one of the reasons why so many people shy away from annuities; they can be rather complex. But just because they can be …
In recent trends, fixed indexed annuities (FIAs) have gained in popularity thanks to several attractive perks, including participation in market gains. But with the new fiduciary rule from the Department of Labor, advisors who sell these products will have to comply with the best interest …
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