For many retirees, the biggest financial fear isn’t a market crash — it’s running out of money. One way to lock in predictable income for life — and avoid the nightmare of running out of money in ...
Annuity rates are competitive now amid an overall elevated rate climate. Some providers are currently offering immediate annuity rates above 7% for a 65-year-old, compared to the 4% to 5% range when ...
Annuities give you a guaranteed stream of income in retirement, but they aren’t created equal. With hundreds of annuities in the market to choose from, some will cost you more than others. It doesn’t ...
While inflation has been cooling, the higher prices of essentials are still weighing on household budgets after years of sticky inflation, and other economic hurdles and uncertainties are also looming ...
State insurance regulators advanced 2025 life insurance and annuity priorities Monday with additions to reflect new efforts in reinsurance and annuity illustrations. The Life Actuarial Task Force 2025 ...
An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...
An annuity is a way to get guaranteed income in retirement, but they can be complex and confusing. While they may help with retirement planning, annuities are notoriously opaque. Thanks to the SECURE ...
Annuity sales hit a new record of $223 billion in the first half, a 3% year-over-year gain, according to Limra, the Windsor, Conn.-based research organization. “For the third consecutive year, ...
Retail annuity sales broke another record in 2024, with $432.4 billion flowing into the space throughout the year, according to new figures from Limra. The data from Limra's 2024 retail annuity sales ...