Retirement Income / Annuities

  • Most Caregivers Are Overwhelmed Emotionally And Lack Adequate Emotional Support
    Most Caregivers Are Overwhelmed Emotionally And Lack Adequate Emotional Support

    Study: Gen X Feeling the Impact More Than Others

    Caregiving is a growing reality for Americans – one that comes with a significant emotional toll, according to findings from Northwestern Mutual's 2018 C.A.R.E Study. The study finds that while nine in ten caregivers say they are providing emotional support for others, significantly fewer feel they get the support they need for themselves.
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  • Research with Voya Finds Small Changes to Retirement Enrollment Website Can Drive Positive Outcomes
    Research with Voya Finds Small Changes to Retirement Enrollment Website Can Drive Positive Outcomes

    How strategic web-design can enhance auto-enrollment activity

    Voya Financial, Inc. (NYSE: VOYA), is sharing new findings from research conducted in association with the Voya Behavioral Finance Institute for Innovation. In a working paper titled “ Save(d) by Design ,” scientists from Carnegie Mellon University, City, University of London and UCLA published results from a pioneering field study that involved more than 8,500…
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  • Younger Working Consumers Open to Annuities
    Younger Working Consumers Open to Annuities

    Consumers most likely to be interested in annuities are younger and still working

    LIMRA Secured Retirement Institute wanted to take a closer look at those who debated buying annuities but decided not to purchase and find out why. This most recent study looks at investors who had a discussion with their advisors about deferred annuities within the past three years but then decided not to buy.
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  • Indexed Annuity Sales Set Records Again
    Indexed Annuity Sales Set Records Again

    Wink, Inc. Releases Preliminary 3rd Quarter, 2018 Deferred Non-Variable and Structured Annuity Sales.

    Non-variable annuity sales for the third quarter of 2018 increased 4.72% as compared to the prior quarter, and improved 46.26% as compared to the same period last year, based on preliminary sales by Wink’s Sales & Market Report.
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  • New Tax Limits for LTCi
    New Tax Limits for LTCi

    ...Something few insurance pros ever discuss

    by Jesse Slome

    Last Friday the IRS issued new limits for the tax deductibility of ’tax qualified’ long-term care insurance premiums. Only traditional LTCi policies have this benefit (the hybrid or linked benefit ones do not … a benefit few (if any) consumers know about (because few, if any, insurance agents or financial advisors ever bring up this…
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  • Embracing The Advisor/Client Process
    Embracing The Advisor/Client Process

    Twice as many clients with a formal retirement plan are satisfied with their advisors than those without one

    Retirement planning can be challenging for everyone that is involved. For clients, it can be stressful to plan the golden years of your life and consider the possible costs. For advisors, it can be a drawn out process that involves a lot of personal questions and proper asset gathering.
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  • Fow Women Today, 70 is the New 50
    Fow Women Today, 70 is the New 50

    Financial Challenges Aside, Women Are Enthusiastic on Retirement

    Gone are the days of wishing away old age; for women, the consensus is that the best is yet to come. According to a new survey conducted for TD Ameritrade, 73 percent of women believe that “70 is the new 50” — compared to 59 percent of men who say the same.
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  • High Hopes: Four In Ten Americans Plan To Retire Before Age 60
    High Hopes: Four In Ten Americans Plan To Retire Before Age 60

    Americans on average plan on retiring two years sooner than previously recorded

    Americans on average expect to retire two years sooner than they did five years ago and many more say they intend to retire before age 60, potentially reflecting a spike in 401(k) balances, according to research from Massachusetts Mutual Life Insurance Co. (MassMutual). At the same time, fewer people have figured out how much income…
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  • Failure to Plan for Long-Term Care Often Leaves Caregiving to Female Family Members
    Failure to Plan for Long-Term Care Often Leaves Caregiving to Female Family Members

    Study finds that 60 percent of people who have provided care underestimated how demanding it would be further illustrating the need for families to prepare

    A new Lincoln Financial Group (NYSE: LNC) study released during Long-term Care Awareness Month finds nearly 75 percent of people believe they will be responsible for caregiving of a family member in need, yet 7 in 10 people worry they will not be able to provide adequate care.
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  • An Interest Rate Tailwind
    An Interest Rate Tailwind

    Conning announces 2018 individual life & Annuity growth and profit leaders

    Conning has released its eighth study of successful individual life-annuity companies with analysis of common leading company characteristics.
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  • Measuring The Value, And Costs, Of Financial Advice
    Measuring The Value, And Costs, Of Financial Advice

    What is the link between understanding what advice is and seeing value in paying for it?

    The strong link between consumer understanding of what personal financial advice is and seeing value in paying for professional help is one of the top trends in consumer attitudes in 2018, as identified in the latest report by experts of Hearts & Wallets, the source for retail investor data and insights.
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  • New Regulation May Impact Life/Annuity Sales Practices and Products in New York State
    New Regulation May Impact Life/Annuity Sales Practices and Products in New York State

    Additional overhead costs and a learning curve for sales staff

    Insurers selling life and annuity contracts in New York state will likely face additional overhead costs and a learning curve for sales staff under a new regulation geared toward increased consumer awareness that is set to take effect in August 2019, according to a new A.M. Best report.
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  • Many Americans Seek Convenient Way to Handle RMDs To Offset Taxes, Leave Legacies
    Many Americans Seek Convenient Way to Handle RMDs To Offset Taxes, Leave Legacies

    Study Examines Views of Consumers Navigating the Necessities of RMDs

    Required minimum distributions (RMDs) – which can be complex, mandatory and challenging from a tax perspective – have come back into the spotlight due to potential government rule changes.
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