Annuities are confusing, and retirement savers worry about market volatility and want the freedom to spend their savings as they choose.
New analysis quantifies the effect on Medicare premiums and Social Security benefits.
EBRI says almost two-thirds of employees who are happy with their benefits have high morale.
An increase in market volatility, higher interest rates and dissipating anxiety around the Labor Department's fiduciary rule are improving the product outlook.
The successor to income inequality is longevity inequality
The successor to income inequality is longevity inequality.
Selecting a very conservative benchmark is generally permissible under retirement law.
Insurer had planned an offer to holders of its Accumulator Series variable annuity
AXA Equitable and Ohio National have recently tried switching consumers out of VAs with rich benefits through buyouts and exchanges.
Those who work with an adviser are most likely to buy an annuity.
Consolidation, unbundled platforms and the use of proprietary funds play a role, according to retirement plan advisers.
Also censures firm, which agrees to review its supervision practices.
Those who work with an adviser are most likely to buy an annuity.
Using dollar cost averaging within annuities can build clients' confidence about investing in the market.
Even if clients aren't paying too much for life insurance, being the first to talk to them about the costs can start the trust-building process.
Some lawmakers are warming to the notion of using annuities to help solve the nation's retirement crisis
Regulator claims Frederick David Holloway replaced lower-cost variable annuities with higher-cost ones without ensuring they were suitable or in their clients' best interests.
New book for clients and advisers focuses on strategies to maximize retirement income.
After six years of declines, sales could improve slightly if rising interest rates help insurers more easily support their guarantees.
A bipartisan effort in Congress to ease annuity use in 401(k)s follows years of related academic research.
