Participants in plans with MetLife group annuity contracts can put 25% of their qualified savings (up to $125,000) into this new deferred income product, whose premium can be excluded from RMD calculations until age 85. A MetLife QLAC for rollover IRAs will come later.
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.
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?
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.
This report on first-quarter changes to variable contracts, produced by Morningstar's John McCarthy, is a must-read for anyone trying to stay abreast of the VA market.
An article in The Hill, the respected Washington newspaper and website, has gotten the DOL's conflict of interest proposal all wrong. It doesn't even mention rollover IRAs.
"Asset managers should enjoy the QE bonus flows while they last. But the pattern is unlikely to be different from previous cycles, and the end may already be in sight," a Cerulli analyst said.
Moshe Milevsky and the QWeMA group developed the PrARI service in 2008. It is used by a variety of financial institutions in support of their retirement income programs and practices.