From 2022 to 2024, annuity sales topped $1.1 trillion, according to Limra, a global research organization for the insurance ...
Annuities can provide a secure and reliable income stream throughout your retirement years. Learn key strategies here.
Annuities are back in the spotlight, thanks to the recent market turmoil causing rates to rise. These are pension products that pay a fixed income for life once you are ready to retire ...
Cross-currents from inflation, the stock market, and demand for protected growth are converging into a mixed picture, says ...
Income annuities offer a different route to retirement security. Instead of building the value of your savings, they provide ...
Annuity types: Fixed annuities, registered index-linked ... including your age, the interest rate, the deferral period and how much you've paid in premiums. The type of annuity and its face ...
For early retirees, using an annuity is one way to bridge the years between leaving the workforce and claiming Social ...
LIMRA projects that the Federal Reserve will cut interest rates by another 50 basis points in 2025, said Bryan Hodgens, senior vice president and head of LIMRA research. Consequently, he expects fixed ...
A big area of growth in life insurance will be VUL, Carroll predicted. LIMRA forecasts VUL sales for 2024 to be up between 12 ...
This, and the findings below, validate previous observations of decreased surrender rates in fixed indexed annuity contracts when used for income generation. The studies also highlight how ...
Fixed annuity sales typically track changes in interest rates, said John Carroll, senior vice president and head of life and annuities at the Windsor, Conn.-based industry data tracker ...
Three of those types — fixed, indexed and variable — describe the annuity’s rate of return. The other two types — immediate and deferred — describe when annuity payouts begin.