For College Grads, 10 Important Financial Tips
Diploma season brings some important suggestions for better financial health from Insured Retirement Institute.
Did 2008 Make the Case for Variable Annuities?
A new survey finds consumers and financial advisors that are increasingly concerned about meeting retirement goals are turning to variable annuities.
Retirement Officials Blast Obama Budget Proposal
Retirement planning officials, including ASPPA's CEO Brian Graff, said that Obama’s proposal to limit the tax benefit for retirement savings for families earning more than $250,000 is “a bad proposal based on bad math.”
Gen X: Lonely Hearts, Empty Wallets
A report released Monday by the Insured Retirement Institute found while overall, Gen X investors lack retirement confidence—two-thirds doubt they’ll have enough money to live comfortably in retirement or cover medical expenses—marital status is an indicator of how well prepared they are.
Outlook 2012: Annuities — Industry at Crossroads, With Weatherford, Greenwald, Cortazzo
The fact that two major carriers in recent weeks have announced their exit from the annuity business should tell us all we need to know about the health and viability of the industry. If only it were that simple.
Variable Annuity Sales Highest Since Q3 2007
Net variable annuity sales in the third quarter were $8.8 billion, the highest level since the same quarter of 2007 when sales totaled $8.9 billion, the Insured Retirement Institute announced Tuesday.
Variable Annuities Set to Drive Industry to $150 Billion in 2011
Annuity sales fell in the third quarter from the second quarter, but are up from the same period one year ago by 5%, the Insured Retirement Institute announced on Nov. 8.
Marital Status Is ‘Significant Factor’ in Women’s Retirement Confidence: IRI
A report from the Insured Retirement Institute found that boomer women’s confidence in retirement planning was significantly influenced by their marital status.
CBO Chief Warns Deficit Committee: Tax Policy on Road to Ruin
CBO Director Douglas Elmendorf testified before the congressional super committee on deficit reduction, saying the economy will not be able to sustain its current level of spending with the tax cuts now in place as the population ages and health-care costs grow.
Q2 Annuity Sales Continue Rise
Following the Insured Retirement Institute’s announcement on Aug. 17 that variable annuity sales increased 23% in the first quarter of 2011, the organization announced that second quarter annuity sales are up again.