How much income will an annuity produce today? It's a straightforward question, but the answer gets a bit complicated. However, it's just a matter of comparing and selecting annuity options, plugging ...
Many retirees are unprepared for the switch from saving to spending. Here’s how to turn your retirement savings into steady, ...
Retirements are longer and less predictable. The traditional “guaranteed income” foundation is gone. Enter, lifetime income.
In our recent annual study on safe withdrawal rates, my colleagues Tao Guo, Jason Kephart, Christine Benz, and I estimated that retirees who want to maintain a consistent spending amount adjusted for ...
Interest in lifetime income products within retirement plans is growing, and a new tool helps plan sponsors and advisors to match the right annuity product into the 401(k) plans for their employer ...
As retirement nears, preserving your hard-earned savings while still capturing growth can feel like walking a tightrope. For Utah’s 55-plus investors, fixed and fixed indexed annuities, or FIAs, offer ...
Retirees don’t have many permanent streams of income to count on in retirement other than Social Security. While you hope you’ve saved enough in your retirement accounts, economic changes can ...
Traditional pensions, known as defined benefit plans, have been on the decline since their heyday in the 1960s. Guaranteed lifetime income was a key feature of traditional pension plans. Benefits ...
The Labor Department has reversed course on a proposal to repeal the annuity “safe harbor” established under the Pension Protection Act of 2006. The change makes it more likely employers will continue ...
October Three argues these specific cash balance options can achieve lifetime income through regular payouts to retirees. Financial insecurity can hurt retirees’ lifestyles and health, but ...
The think tank says three things would expand access: labeling in-plan lifetime income solutions as distinct asset classes, refining safe harbor language and expanding educational outreach. As an ...
ZIONSVILLE, Ind.--(BUSINESS WIRE)--Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company, announced today the launch of Target Income Choice™, a new fixed index annuity (FIA) ...