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Consumers Want Guaranteed Lifetime Income Options in DC Plans

Americans are looking for lifetime income and providers are responding to this demand with new and improved products for defined contribution plans. In Plan Sponsor’s “Providers Respond to Participants’ Call for Lifetime Income,” John Manganaro talked about how the retirement income industry is evolving. Both …

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USA Today Explains Longevity Annuities in Retirement Plans

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 …

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Many Reasons for the Increasing Use of Deferred Income Annuities

We’ve talked before in this blog about the increasing popularity of deferred income annuity products.  Since 2011, their sales have increased from $211 million to around $2.8 billion last year.  The increasing sales of deferred income annuities have come partly from a decrease in variable …

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