FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?
'First optimize Social Security. If that ‘paycheck’ isn't enough, buy a SPIA. An inflation-indexed SPIA would be ideal. A COLA-SPIA may be the next best alternative,' Joe Tomlinson told me.
Former Wells Fargo managers take posts at Principal; Frank ‘Chip’ Gillis, Athene Holding’s co-founder, will retire at year-end; Vanguard outsources variable annuity administration to Transamerica.
'Silence in response to Facebook’s announcement this week is tantamount to endorsing its dangerous new venture,' writes our guest columnist, a professor at Columbia.
AIG's Polaris Income Plus Daily Flex and Polaris Income Plus Flex riders will have higher lifetime income rates. CUNA Mutual's Horizon II will have variable and indexed-variable investment sleeves.