If you’re a meat-and-potatoes person who likes to keep things simple and began taking full Social Security benefits from your own account at age 66 — even though you’re married and could instead have tapped your spouse’s Social Security benefits and ultimately collected more — …
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 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 …
LIMRA’s Secure Retirement Institute recently asked workers with defined contribution plans where annuities fit into their future retirement financing. Insurance News Net’s Linda Koco summarized the results in her article “Where Do Annuities Fit In?” Workers were asked where they expect their retirement income to …
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