Under ERISA, participants who select a pension plan other than the standard single-life annuity ... outdated formula reduced her monthly payments by $64.32 and her pension’s present value ...

Renting capacity is a business that is quite sticky, so to speak, and forging long-term relationships with large users now is likely to result in the equivalent of annuity revenue stream in the ...

Social Security is a hot topic and it's easy to see why. The fear of uncertainty—whether it's about funding, sustainability, ...

Greg Camm, the chief executive of Australia’s biggest superannuation back-office company, says he will quit at the end of August, the Australian Financial Review reported. Citing a letter written by ...

Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to ...

An annuity is a financial product that can provide a stream of guaranteed income in retirement. But buying an annuity isn’t always as straightforward as it seems. With different types ...

Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, announced Axonic Insurance Services has implemented FireLight e-application to launch its new ...

Salt Financial looks back on 2024 at the performance metrics on indices linked to FIAs, RILAs, and other annuity products. January 28, 2025 Annuity sales did not stop setting records in 2024.

The fees can be substantially higher, depending on the type of annuity. The choice of insurance provider also entails risk (annuities are sold by insurance companies, and some insurance companies ...

"When you think about retirees of the past, many had pension plans from their employers and, through that, a guaranteed income stream," Elle Switzer, director of annuity product management with ...

What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...