Social Security Bankrupt in 2033; Medicare Outlook Brightens: Trustees’ Report
While the trustees' Social Security funding forecast is similar to last year's, Medicare gets four more years thanks to Obamacare.
Beyond Termination Fees: How Advisors Charge Clients to Fire Them
While advisors occasionally charge termination fees, FireMyAdvisor co-founder Dave Dickinson says that’s not the only method advisors use to hold on to unhappy clients.
Private Placement Variable Annuities: The Luxury Retirement Vehicle of the Future
In most instances, the needs of the ultra-high-net-worth client simply cannot be met through the traditional retirement planning vehicles and strategies.
Deferred Income Annuities: More Than Just Longevity Insurance
In the ongoing hunt for stable, pension-like retirement income sources, deferred income annuities (or DIAs) are heating up as an increasing number of insurance carriers have begun to offer the products.
Treasury Clears Way for Longevity Annuities in 401(k)s, IRAs
The Treasury Department and the Internal Revenue Service issued final rules on July 1 to make longevity annuities—which provide regular payments that begin at an advanced age and continue throughout the individual's life—accessible to the 401(k) and IRA markets.
Most Americans Don’t Understand Annuities
The good news for the annuity industry: most Americans would consider the fixed income products to finance some aspect of their retirement.
Half of Households Risk Inadequate Retirement Income
A study from Boston College says the average family needs to save 15% of income for retirement, a hurdle most aren't meeting.
MetLife SIFI Designation Imminent
In designating MetLife at this time, the FSOC would be ignoring the House Financial Services Committee.
5 Longevity Annuity Questions and Answers
QLACs are a complicated mash-up of IRA and annuity rules, and clients may need substantial help in understanding their key provisions.
Securities America Buys BD Assets From Kansas City Life
The deal with Sunset Financial Services Inc. is expected to add 268 reps and about $2.4 billion in client assets to Securities America.