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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
January 23, 2003 at 07:00 PM
NU Online News Service, Jan. 23, 12:07 p.m. – The Principal Financial Group Inc., Des Moines, Iowa, has introduced the Principal Income IRA account, an account aimed at baby boomers who are rolling assets out of employer-sponsored retirement savings plans.
The account combines a mutual fund-based brokerage account with an immediate annuity that will pay customers a guaranteed lifetime income stream, Principal says. The annuities are written by Principal’s Principal Life Insurance Company unit.
The program includes cost-of-living adjustments and an option that lets purchasers allocate income to pay for a caregiver or pay income to a surviving spouse.
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