Milliman, the actuarial consulting firm, envisions putting a multi-premium deferred income annuity inside a 401(k) managed account as a way to turn tax-deferred savings into lifetime income. It seeks an asset manager partner.
Sen. Sanders is the atavistic avatar of demand-side economics, which dominated public policy from 1932 to 1971. Supply-side economics has held sway since the Reagan years. The 2020 election is a contest between these competing versions of macroeconomics.
Vanguard holds more than a fourth of all long-term assets, up from 10% in 2000, according to Morningstar's fund flows report for January, written by senior analyst Tony Thomas, Ph.D. and associate analyst Nick Watson.
This interpretation of the SEC rule was written by attorneys Stephen Wilkes and Livia Quan Aber of the Wagner Law Group and published this week.
'Lifetime income commencement increases sharply when policies are in the money, that is, when the benefit base exceeds the account value,' writes Tim Paris, CEO of Ruark Consulting.