Merrill Lynch’s Intentions are “Clear”

"I want to be careful not to call it a product or a service. It’s an approach,” said David Tyrie, head of Personal Wealth and Retirement at Merrill Lynch Wealth Management, in describing Merrill Lynch Clear, a new communication strategy aimed at Boomers.

The Sacrificial Payroll Tax

Idle talk about suspending the payroll tax is making 'blue' Senators blue. We get answers from Social Security expert Eugene Steuerle of the Urban Institute.

An Income-Generating ‘Collar’

Using a 'protective net-credit collar,' the Nationwide Risk-Managed Income ETF has distributed monthly income at an annual rate of 7.88% in 2020, while appreciating 10%. Is there a catch?

Life Insurers’ Bermuda Triangle, Part II

The humble fixed indexed annuity is at the center of the restructuring hurricane that has swept through the life insurance industry in recent years. We bring you the second article in a series on the topic.
Featured

Annuity Sales Rose 11% in 1Q2014: LIMRA

Despite the growing number of issuers, DIA sales were down 13% from 4Q2013. It was the first quarter-over-quarter decline for sales of DIA products since LIMRA SRI began tracking them. (Downloadable charts included.)

RetirePreneur: Ron Mastrogiovanni

Mastrogiovanni is a founder of HeathView Services, Inc., a Massachusetts-based firm that provides software tools to help plan for healthcare costs in retirement.
News

Quote of the Week

"In matters pertaining to religion, it is prudent to err on the side of faith. In financial matters, it is prudent to err on the side of skepticism." -- Anonymous.