Who’s Doing What with QLACs Now

The 'Tax-Free Ninja' is Eric Estrada, a marketer at a Houston-based insurance wholesaler. He's one of the young, social-media savvy entrepreneurs who are enthusiastic about the potential for selling Qualifying Longevity Annuity Contracts (QLACs).

Research Roundup

For weeks, interesting studies have been gushing from the National Bureau of Economic Research and elsewhere on the economic implications of COVID-19. We've selected and summarized seven of them for you.

With BluePrint Income, AARP Ups its Ante on Annuity Sales

AARP's 38 million members can now buy income annuities and fixed-rate annuities on a platform powered by fintech firm Blueprint Income. Buyers get a complimentary annual 'retirement income check-up' from a salaried, insurance-licensed adviser. 

We Could Use Some Inflation

The Treasury said this week that it will borrow (and spend) about $3 trillion this quarter, to cover its stimulus promises. Where does that money come from and where does it go? 'The capital is going from one pocket to another,' explains Vanguard's active Treasury fund manager, who expects the stimulus to be withdrawn in 2022.
Featured

America’s Risky Recovery

'My own best guess is that will start to raise rates in September, and that the federal funds rate will reach 3% by some point in 2017,' writes Martin Feldstein, the Harvard economist and former presidential adviser.

On the Road with RIJ: Penn’s Archaeology Museum

We're at the Wharton School's 2015 Pension Research Council symposium, an exclusive meeting of retirement academics and professionals held each year in Philadelphia. Also: A link to slides from ERISA lawyer Marcia Wagner's webinar on the DOL conflict-of-interest proposal yesterday.
News

Annuity CEOs receive disclosure demands from Sen. Warren

Breaking News: Elizabeth Warren, the Democratic senator from Massachusetts, has asked chief executives at 15 major annuity issuers to furnish her with details about the incentives they offer, if any, to insurance distributors, to encourage the sale of annuities.

Spring 2015 issue of The Journal of Retirement appears

This issue features articles relevant to retirement income mavens, including a piece on the way options can make a retirement more comfortable and one on the implications of offering deferred income annuities in defined contribution plans.