“Even if rates were to slowly rise, they would still be historically low. There would be less pressure on companies, but the overall portfolio rate of return could continue to go down,” said Mary Pat Campbell, a life insurance investment analyst at Conning.
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.
In this informative and entertaining video, hedge fund billionaire Ray Dalio explains the U.S. economy as he sees it, in terms that anyone can understand, if not agree with. The video is also available at www.economicprinciples.org.
The investment industry wants to benefit from the tax-deferral subsidy and charge whatever it likes on the subsidized money in rollover IRAs. That’s asking for a lot. More important, it invites Uncle Sam to think about taking the subsidy away.
Net flows into annuity products nearly doubled in the third quarter, to $4.4 billion from $2.3 billion in the second quarter. Outflows fell to 20.6 billion from $21.1 billion, a decline of over 2%, according to Analytic Reporting for Annuities, a service of DTCC.
There are nine new articles in the fall edition of The Journal of Retirement, edited by George A. (Sandy) Mackenzie.
Since 2000, Social Security benefits have lost 31% of their buying power, according to The Senior Citizen League's 2013 Survey of Senior Costs. During that period, benefits rose 38% but typical expenses for the elderly rose an estimated 81%.
The new fixed indexed annuity offers three interest-crediting strategies, a one-year fixed interest account and two that are pegged to the S&P500 (excluding dividends): an annual point-to-point index interest account, and a monthly point-to-point additive index interest account.
“Never let the perfume of the premium distract you from the stench of the risk”—a maxim expressed by a reinsurance company executive at the American Council of Life Insurers’ annual conference in New Orleans this week.
MetLife announced that it will open a global technology hub in Cary, N.C., and create thousands of jobs there to complement its retail headquarters in Charlotte.