Insurance companies paid out a record $104 billion in annuity benefits in 2023, up 9% over the prior year as high interest ...
The Rate Certainty Annuity is available in 7, 10, and 20-year terms, allowing for long-term guaranteed parameters. With this new product, American National aims to solidify its position as a leader in ...
Wilton Re New York processes all payments at the end of the month, and the plaintiffs say that violates contractual due dates ...
Regarding retirement planning, an annuity can feel like a comforting safety net. You trade a chunk of your savings – say $250 ...
An income annuity is a financial product designed to convert a lump sum of money into a guaranteed stream of income payments. Often purchased by retirees or those nearing retirement, it can replicate ...
For many Americans, retirement savings begin and end with 401(k) plans or Roth IRAs. Though these are great retirement ...
As the use of structured settlement annuities grows, it can be tough to decide whether to take the lump sum to invest or opt ...
The retirement giant is extending its guaranteed income shelf with fixed-income annuity options from Loomis Sayles and Annexus.
The ERISA Industry Committee has filed an amicus brief supporting General Electric Co. ’s motion to dismiss a lawsuit related to pension buyout transactions.
Often marketed as a secure retirement income source, annuities are popular financial products. However, they’re also one of ...
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--United Life Insurance Company, a Kuvare company, has launched three new crediting options for its WealthChoice Fixed Indexed Annuity (FIA), available starting ...
She has an annuity, but it’s only $90,000, and her IRA holds just $160,000. To make matters worse, she has $9,000 in credit ...