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4 Ways New Annuity Rules Will Help Retirees The White House last week strongly endorsed annuities as a needed but missing piece of Americans' retirement plans. Insurance companies and annuity trade groups had something nice to say about Washington regulators for a change. And the new rules just might set in motion some interesting retirement-plan changes.
Sales of New York Life’s Guaranteed Future Income Annuity Continue to Surge, Exceeding $230 Million in Just Six Months 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.
Do You Face 'Money Death' in Old Age? "Money death" is a dramatic term used in a contrarian study about strategies that help people avoid outliving their assets. Brandes Investment Partners, a money-management company based in San Diego, notes in "Boomers Behaving Badly" that running out of money is a top concern of retirees. With safe investments paying historically low interest rates and a still-shaky economic recovery, retirement ...
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