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Sales of New York Lifeâ€™s Guaranteed Future Income Annuity Continue to Surge, Exceeding $230 Million in Just Six Months
NEW YORK--(BUSINESS WIRE)--New York Life today announced that its new Guaranteed Future Income Annuity1, a flexible way to generate a pension-like stream of lifetime income in the future, continues to far exceed sales expectations. Premiums thus far exceed $230 million with sales commencing only since July, making it the fastest growing annuity product solution in the companyâ€™s history ...

New Annuity Rules for 401(k)s
The federal government is trying to make it easier for workers to buy annuities with their retirement savings. The Treasury Department issued several new regulations last week aimed at encouraging retirement ...

Bank of England policies hit retirement incomes
20 years ago a Â£100,000 annuity pot would give you a Â£15,000 income. Nowadays it would give barely a third of that. Neil MacDonald explains why quantitative easing is pushing down retirement incomes.

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