Annuities and the Charles Schwab Deal
Most of the annuities now on the Charles Schwab and TD Ameritrade platforms are offered by mutual or foreign-owned life insurers. Lincoln Financial is the sole exception.
Buttigieg’s plan to close the 401(k) coverage gap
The Buttigieg plan would borrow elements of the SIMPLE IRA, the auto-IRAs created in California and Oregon, and existing 401(k)s to ensure that any full-time “middle-earning American worker” can save at least $500,000 for retirement.
Wink, Inc. releases annuity sales data
'Indexed annuity sales set a new record in the second quarter, beating their previous record in 4Q2018 by nearly 3%,' said Sheryl J. Moore, author of Wink’s Sales & Market Report.
COVER STORIES YOU MAY HAVE MISSED
November 21, 2019
Longevity Insurance with an Inter-Generational Twist
In MassMutual's new all-digital deferred income annuity, an adult child is the owner, and receives income when a parent (the annuitant) reaches age 91.
November 14, 2019
Marshmallows and Social Security
Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option...
November 7, 2019
How to Choose an Annuity Issuer
Shopping for an annuity, like shopping for a car, involves questions about the manufacturer of the product. Do their products perform as expected? Will service quality be high? Are they likely to stay in...
