Altering of 401(k) Tax Incentives Alarms Retirement Industry
With so many people covered by 401(k)s, it’s clear that the impact of changes to their tax treatment could be substantial.
Top 20 Companies for Annuity Sales in 2012
Total sales of annuity products reached $219 billion in 2012—the lowest level since 2005, according to LIMRA.
Taxes, Social Security Weigh on Boomers’ Retirement Planning
More than half of middle-income boomers said they would save less for retirement if income taxes rose, according to the Insured Retirement Institute.
Social Security COLA Could Be Offset by Higher Medicare Premiums: IRI
“This reflects the growing trend of health-related expenses eating into retirement income,” the IRI president said.
Boomer Solution to Retirement Shortfall: Work Longer
Finally—an answer to a problem plaguing baby boomers.
New Professional Retirement Designation Added by American College
“Practitioners have told us they need more information about retirement income strategies in order to better serve their clients,” says American College President and CEO Larry Barton.
SEC ‘Seriously Considering’ Simpler VA Prospectus
Investor demand for an alternative to the 150- to 300-page VA prospectus remains strong, according to a just-released survey by the IRI, and the SEC is “seriously considering” approving shorter documents.
IRI Research to Serve as ‘Backbone’ to One-Stop Licensing Clearinghouse
IRI announced Monday a new research initiative to identify regulatory burdens facing BDs that impede their ability—and their advisors’ willingness—to sell lifetime income products.
Annuity Sales Down in Q1, but VA Assets at All-Time High: IRI
First-quarter annuity sales fell more than 2.5% to $53.1 billion, IRI announced on Thursday.
For College Grads, 10 Important Financial Tips
Diploma season brings some important suggestions for better financial health from Insured Retirement Institute.