Fixed Annuities
Fixed annuity news and analysis, with coverage of book value annuities, multi-year guaranteed annuity (MYGA) contracts, immediate annuities, deferred income annuities (including QLACs), and fixed indexed annuities.
Social Security Fairness Act Calls for 2024 Back Payments
By John ManganaroThe bill repealing the controversial Windfall Elimination Provision and Government Pension Offset awaits President Biden's signature.
December 23, 2024
What the New $1.9T Spending Law Means for Life and Annuity LegislationThe American Relief Act contains no life insurance or annuity provisions, but it rattled the policy gameboard.
December 21, 2024
Senate Passes Bill to Curb Contentious Social Security RulesThe Social Security Fairness Act, which would repeal two provisions, now goes to President Biden.
December 20, 2024
What Really Gets Shut Down When Government Spending StopsMedicare and Social Security benefits would continue, but some administrative tasks could be delayed.
December 20, 2024
Senate Nears Vote on Bill to Curb Contentious Social Security RulesA vote could come as early as Friday afternoon on the House-passed Social Security Fairness Act.
December 19, 2024
The 401(k) Savings of 5 Different Age GroupsA fifth of young savers think they'll be 401(k) millionaires, GOBankingRates finds. They have a ways to go.
December 19, 2024
New Bill Would Allow Direct 401(k) Rollovers to AnnuitiesThe Retirement Simplification and Clarity Act would also simplify the rollover notices workers get when they leave a job.
December 18, 2024
Fed Lowers Rates by Quarter Point, Signals Two Cuts for 2025Policymakers signaled greater caution over how quickly they can continue reducing borrowing costs.