By Kerry Pechter
There’s outrage and indignation over the administration’s call for a $3 million cap on lifetime accumulations in tax-favored accounts, but only a tiny number of accounts would be affected.
By Kerry Pechter
Originally a platform for distributing structured notes to broker-dealers, SIMON is adding index-linked annuities to its product suite. Prudential is both an investor and, as of today, a product provider.
By Kerry Pechter
Most of the annuities now on the Charles Schwab and TD Ameritrade platforms are offered by mutual or foreign-owned life insurers. Lincoln Financial is the sole exception.
By Kerry Pechter
In MassMutual's new all-digital deferred income annuity, an adult child is the owner, and receives income when a parent (the annuitant) reaches age 91.