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Annuity Industry Can Capitalize On Increasing Longevity

People are living longer, thanks to improved medical care and an increase in technology.  This increasing longevity leads to higher longevity risk as Americans struggle to finance these longer life spans.  In Insurance News Net’s “Longevity Risk Leads To Growth Opportunity,” Linda Koco says that …

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AIG Introduces New QLAC for Retirement Plans

The first longevity annuity created specifically to meet the new QLAC federal regulations has been introduced by AIG.  The company’s American General Life Insurance Company created the American Pathway Deferred Income Annuity to be eligible as a qualifying QLAC in traditional IRA’s.  This information comes …

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