The government supports longevity annuities as important retirement income planning tools. Multiple regulations last year made it easier and more beneficial to use these types of annuities within employer-sponsored defined contribution plans. It’s been about a year since the Treasury Department and IRS started allowing …
In the USA Today article, “Securing retirement income with annuities,” Advice IQ’s Sterling Raskie explains how annuity products can help you create a lifetime stream of income. Raskie says that the goal of any retirement plan is to have enough income to live comfortably for …
In The Garden City News section “The View From Here,” Bob Morgan, Jr. wrote an informative article about “Longevity annuities and retirement security.” He said that while longevity annuities are not the perfect solution to the American pension crisis, they solve many of the dilemmas …
Yesterday’s blog post listed some of the reasons why annuities are not in many defined contribution plans and why they are likely to be offered in many more plans in the future. Jean Chatzky agrees with this and believes that longevity annuities are going to …
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