Tax rates are obviously northbound. So high-bracket folks should convert to Roth IRAs next year, right? Not necessarily, advisors told us.
A mountain biker needs 18 or 21 gears to smooth a path over rocks and through arroyos. Index-linked annuities now collectively offer some 140 index choices. Hybrid indices can theoretically smooth an investor’s path through rocky markets--but they're complicated.
Every June, RIJ focuses on indexed annuities. Last year, we studied options in indexed annuities. This year we consider the indexes themselves, especially 'hybrid' and 'volatility-controlled' indexes. Bryan Anderson, Don Dady and David Lau weighed in.
In this month's roundup, we learn that CEOs pay little attention to inflation. We also find out why retirees keep saving, why "centaurs" pick stocks so well, which financial biases keep people poor, and how working longer affects male mortality.
At the rate we're going, the cost of health care will eventually dwarf retirees’ ability to pay for it.
The living benefit guarantees became too expensive for FILI, Fidelity's life insurer, to underwrite cost-effectively.
Merrill Lynch has given its financial advisors a “customized analysis tool” to help clients determine if a Roth IRA conversion is right for them.
“The market now seems divided among total return, pooled and income floor practitioners with none of these approaches appearing to dominate," say Howard Schneider and Dennis Gallant.
The contract owner may withdraw up to 50% of the next 12 months' payments at least once during the life of the contract.
More than 60% of institutions and advisors believe alternatives will at least equal traditional investments in importance over the next five years.
“The big story this quarter is the shake-up in rankings among the indexed annuity carriers," said Sheryl J. Moore, President and CEO of AnnuitySpecs.com.
The annuity industry has been slow to adopt social media. But given the industry’s target audiences, does it matter? Download an excerpt from the report "Social Media: Trends and Tactics in the Financial Services Industry."
The RMD must surely suffer when people discuss Roth IRA conversions, just as cavemen suffer when they see Geico commercials.