In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.
Modern Monetary Theory's enemies have been trying to discredit it either by equating it with something stupid (printing money willy-nilly) or by making jokes about it. But MMT isn't a joke.
In British defined contribution plans, employer and employee contributions average a total of only 5.1% of salary per participant. By contrast, defined benefit (DB) plan members receive contributions totaling more than 25% on average.
Income Solutions, the income annuity purchasing platform formerly reachable primarily through Vanguard, is now operating under its own brand. Its auction-style way of researching and buying income annuities is now open to any retail client.
RIJ returns from vacation with July 11 issue; Jackson feeds demand for MYGAs; Changes in AXA Equitable’s top VA and IVA announced; What comes first: wellness or a corporate wellness program? (Prudential); In land of plenty, FINRA finds troubling gaps.