Annuities can be extremely confusing, with the contract containing terms like bonus rates, participation rates, caps, floors, spreads, riders and MVA clauses. damircudic / Getty Images In this season ...
Total third-quarter sales for all annuities were $117.0 billion, Wink's Sales and Market Report said. Sales were up 1.8% when compared to the previous quarter and up 1.5% when compared to the same ...
Total U.S. annuity sales set another quarterly record, increasing 4% to $119.3 billion in the third quarter, according to LIMRA’s U.S. preliminary third-quarter sales results. The increase was driven ...
Annuity market sales are projected to reach $450 billion in 2025, roughly double the volume seen in 2020, due to retirement plan participants’ desire for predictable income. As defined contribution ...
Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, ...
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, ...
Total US annuity sales reached $119.5 billion in the second quarter, an 8% increase from a year ago and the highest quarterly result on record, according to LIMRA’s latest US Individual Annuity Sales ...
If you’ve been wondering what is a deferred annuity, it’s essentially a retirement savings product that lets your money grow tax-deferred until you decide to withdraw it. You can invest either a lump ...