How will variable annuity contract owners use their income benefits? That question is vital to annuity issuers and to fiduciary advisers with clients who own VAs. This Texas Dep't of Insurance actuary knows a product that can help them find out.
Infrastructure renewal is long overdue in the US. We can come up with the money. But we don't currently have the institutions or the processes that will be needed to manage such a broad, complicated, long-term undertaking.
Pentegra launches Pooled Employer Plan; Betterment’s AUM rises to $29 billion; Symetra creates its own RIA; Ubiquity adds ESG options to 401(k) investment lineup.
IRS Pub 590-B presents a conundrum. It appears to deprive owners of inherited IRAs (already deprived by SECURE Act of the 'stretch IRA') to take distributors annually, rather than distributing the IRA's contents within 10 years.
US value equity funds saw record inflows in March 2021, according to Morningstar's monthly fund flows report. Vanguard and iShares notched significant inflows as passive funds continued to dominate active.