Annuity sales topped $60B for another quarter. But is the party now over?
Annuity sales may have finally reached their peak, after three straight quarters topping $60 billion.
Annuity sales may have finally reached their peak, after three straight quarters topping $60 billion.
By not choosing a deferred income annuity, retirees are weathering retirement under “substantial risk and uncertainty”.
The SEC as a whole seems to have decided that the federal government should avoid smashing ordinary, commission-based indexed annuities like a bug.
As 10,000 Baby Boomers a day leave the workforce behind, only 28% believe they are doing — or have done — a good job preparing for retirement.
The arrival of new private letter rulings from the Internal Revenue Service is causing excitement for annuities issuers.
Conservative investors may feel secure knowing CDs are insured by the government, but there are tax incentives associated with annuities.
In an unusual bipartisan effort, Congress is close to passing the SECURE Act (Setting Every Community Up for Retirement Enhancement).