The Retirement Security Needs Lifetime Pay Act, or H.R. 2748, was introduced this week by Rep. Earl Pomeroy (D-N.D.) and Rep. Ginny Brown-Waite (R-FL). This news comes from “Bill would let seniors take retirement funds through annuity” by Darla Mercado of InvestmentNews. Basically, retirees could …
Americans are saving more than ever and annuity products give the flexibility and guaranteed retirement income they seek for those savings. For the first time since the beginning of 1995, Americans’ personal rate of savings have skyrocketed to 5.7%. This report comes from Jeannine Aversa …
Recently, results from a survey conducted by the AXA Equitable Life Insurance Company was were reported in a press release. The October 2008 study showed that consumers are becoming more conservative with their investments than they were just a few months earlier, in April. These …
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