Latest Life annuity Stories
Crowe and Associates organized a seminar on fixed annuities in Connecticut and explained the benefits that fixed annuities provide. Connecticut (PRWEB) March 22, 2013 Constructing a retirement plan can be a complex financial puzzle, which requires an understanding of many different sources of income and assets. Fixed annuities in Connecticut have reached its maximum in the last couple of years, where many small business owners and investors want to secure their steady, lifetime income,...
BOSTON, Feb. 28, 2013 /PRNewswire/ -- Annuityratewatch.com, Inc. has expanded its suite of fixed annuity analysis software to calculate the highest Guaranteed Lifetime Income Benefit for prospective annuitants. With a simple input of the annuitant's age, premium, state of residence and the year in which they would like retirement income to begin, the GLIB Calculator solves for the highest income payment. The software calculates all the possible combinations of over 250 annuity...
Popular Talk Topic: Money and Chocolate+ five other essentials for a long and happy life, making the most of retirement savings by purchasing a Long Term Care Annuity Whitefield, NH (PRWEB) February 27, 2013 Like many women, Mary Boone Wellington and Tracey Bowman , authors of the new book–"Hope I Don't Die Before I Get Old" have spent collective decades caring for their aging parents, friends and their children. By interviewing experts and people from all walks of life...
MEDFORD, Ore., Feb. 25, 2013 /PRNewswire/ -- Consumer interest in fixed index annuities has surged in the past few years, driven by the desire to avoid a volatile market plus the attraction of tax-deferred advantages and lifetime income. As a result, buyers have an abundance of FIA products with a potentially bewildering range of features to consider. "Consumers should not look for a fixed indexed annuity that 'does everything.' What they're likely to find is an annuity that does a...
INDIANAPOLIS, Nov. 28, 2012 /PRNewswire/ -- For many Americans, the definition of retirement success is simple: It means having enough money to live the type of retirement they want. Today, creating financial security for the future is likely to fall largely on your own shoulders. You can still pursue the retirement of your dreams, but you'll need to plan for it and make wise choices about your money. "The planning process can be more effective if you take into account risks...
NEW YORK, Oct. 17, 2012 /PRNewswire/ -- Verizon Communications Inc. announced today that it has entered into an agreement with The Prudential Insurance Company of America pursuant to which the Verizon Management Pension Plan (the "Plan") will transfer pension assets to Prudential to settle approximately $7.5 billion of Verizon's nearly $30 billion in outstanding pension obligations. Under the agreement, the Plan will purchase a group annuity contract from Prudential, which will then...
TORONTO, Aug. 16, 2012 /CNW/ - Retiring babyboomers are driving a shift from retirement-fund accumulation to decumulation, but they need better choices to protect against longevity risk, according to a report released today by the C.D. Howe Institute. In "Annuities and Your Nest Egg: Reforms to Promote Optimal Annuitization of Retirement Capital," the University of Calgary's Norma Nielson says to enhance retirees' options, policy reforms should level the playing field for annuity...
REDHILL, England, August 13, 2012 /PRNewswire/ -- Individual circumstances like health, lifestyle and postcode can mean extra pension annuity income. The average life expectancy of men and women has traditionally been a key consideration for governments and pension annuity providers alike when calculating retirement incomes in the UK. But with gender legislation affecting the pricing of annuities [http://www.legalandgeneral.com/annuities ] from December 2012 and...
CHICAGO, July 19, 2012 /PRNewswire/ -- Achaean Financial ("Achaean"), a firm specializing in the development of retirement advice software and the design of innovative guaranteed income products that benefit investors, financial advisors and insurance companies, today announced that Professor Shlomo Benartzi, a leading authority on behavioral finance, has agreed to serve as the firm's first academic advisor. In this role, Professor Benartzi will help Achaean better incorporate ideas...
ROCHELLE PARK, New Jersey, July 17, 2012 /PRNewswire/ -- Sapiens International Corporation [http://www.sapiens.com ], (NASDAQ and TASE: SPNS), a global provider of innovative insurance software solutions, announced today that Oak Brook, IL-based MTL Insurance Company, a member of Mutual Trust Financial Group, has selected the Sapiens ALIS policy administration [http://www.sapiens.com/life-insurance-software.htm ] system to administer its life and annuity business. Using ALIS,...
