Buenos DIAs

It’s morning in America for manufacturers of deferred income annuities, or DIAs. Are they a passing fancy, or do they offer the perfect balance between risk and reward?

How Debt Affects Retirement

“Remaking Retirement? Debt in an Aging Economy," was the theme of the 65th annual symposium of the Wharton School's Pension Research Council, held last week in Philadelphia. (Photo: Kitchen and retirement makeovers sometimes occur in tandem.)
Anecdotal Evidence

It’s No Joke: The Fed’s Comic Book is Wrong

The educational comic book from the New York Fed means well but perpetuates the myth that money was created in the private sector to facilitate barter and enabled commerce to flourish. History shows otherwise.
Anecdotal Evidence

Annuities that Pay Cash Back Rewards

Gainbridge, a insur-tech startup, aims to sell fixed deferred and period certain income annuities online. Its sister company, Relay, uses annuities to fund cash back rewards cards. Both firms are part of Group1001 (formerly Delaware Life Holdings).
Featured
Anecdotal Evidence

The Trapdoors at the Fed’s Exit

The exit from the Fed’s QE and zero-interest-rate policies will be treacherous, writes this NYU Stern School of Business economist. Exiting too fast will crash the real economy, while exiting too slowly will first create a huge bubble and then crash the financial system.
Anecdotal Evidence

Nine Insurers Now Offer DIAs

Here are thumbnail descriptions of deferred income annuities from American General, Guardian Life, MassMutual, MetLife, New York Life, Northwestern Mutual, The Principal, Prudential and Symetra.
News
Anecdotal Evidence

Small is beautiful, say these plan providers

Transamerica launches a new service for small-plan sponsors, The Online 401(k) jumps into the auto-IRA business, and Fidelity announces that small-plan balances have rebounded 64% since the nadir of the financial crisis.
Anecdotal Evidence

The Bucket

Brief or late-breaking items from MassMutual, Nationwide and ASPire.