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.
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.