DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Bryan Hodgens - 2 David Blanchett - 2 Buyers - 1 Hodges - 1 Cannex - 1 Melody Evans - 1 Evans - 1 Blanchett - 1
Top related locs:
Connecticut Jacksonville , Florida
Top related orgs:
Insurance - 2 DC Solutions - 2 Nasdaq - 1 Cannex - 1 Products - 1 TIAA - 1 FIA - 1 TIAA Wealth Management - 1

Search resuls for: "Limra's"


4 mentions found


☆ Annuity sales hit a record in 2023. Here's what to know about one popular option
  + stars: | 2024-01-30 | by ( Michelle Fox | ) www.cnbc.com   time to read: +6 min
Fixed indexed annuity sales brought in a record $95.6 billion, up from 20% from the record hit the year prior. Indexed annuities earn interest that is calculated based on the changes within a market index, such as the S & P 500 or the Nasdaq 100. However, they also receive downside protection: They are credited zero interest if the index their annuity is tracking declines. The term of index annuities typically range from three to 15 years, according to Annuity.org . Fixed indexed annuities can also be complicated, warned David Blanchett, head of retirement research for PGIM DC Solutions.
Persons: Bryan Hodgens, Buyers, Hodges, Cannex, Melody Evans, Evans, David Blanchett, Blanchett, DIAs Organizations: Nasdaq, Cannex, Products, Insurance, TIAA, DC Solutions, FIA Locations: Connecticut
☆ High interest rates make these guaranteed-income products attractive. Here's what to know about fixed annuities
  + stars: | 2023-08-08 | by ( Michelle Fox | ) www.cnbc.com   time to read: +7 min
Americans have flocked to annuities for guaranteed income over the past year, as interest rates rose and investors looked for safety amid the market turbulence and recession concerns. One of the popular products has been fixed-rate deferreds which — as the name implies — provide a fixed rate for a specific period of time. "So that opportunity to get a more competitive rate on a fixed annuity is not an indefinite window." Multiyear guaranteed annuities Traditional fixed annuities typically guarantee the rate for a portion of the contract, while a multiyear guaranteed annuity, or MYGA, has a rate of return that is guaranteed over the duration of the contract. When buying a fixed annuity, investors need to figure out the term that works best for them, said Limra's Hodgens.
Persons: we've, Bryan Hodgens, Doug Ornstein, David Blanchett, TIAA's Ornstein, Ornstein, Limra's, " Blanchett Organizations: TIAA Wealth Management, Federal Deposit Insurance Corporation, guaranty, DC Solutions, Insurance, TIAA Institute, Social Security Locations: Connecticut
☆ Guaranteed lifetime income gains appeal amid worries a recession is coming
  + stars: | 2023-05-23 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +2 min
More retirement plans to offer annuity optionsThe passage of the Secure Act also made it easier for employers to offer annuities as one retirement savings plan option. Starting in the fall, Fidelity will let plan participants convert some of their retirement savings into an immediate income annuity to provide pension-like payments throughout retirement. BlackRock and State Street Global Advisors, two of the largest asset managers, also announced target-date funds with retirement income annuity options. Having an annuity option when you retire is a good thing. Annuity sales hit a record in 2023Annuity sales hit an all-time high in the first quarter of 2023, up roughly 50% from a year ago, according to Limra, an insurance industry trade group.
Persons: Susan Neely, Mark McCombe, Carolyn McClanahan, Todd Giesing Organizations: Fidelity, Fidelity Investments, BlackRock, Street Global Advisors, Planning Partners Locations: Jacksonville , Florida
☆ 3 reasons more people of color need to invest in life insurance
  + stars: | 2023-01-16 | by ( Alani Asis | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com   time to read: +10 min
With the tax-advantaged investing component of a permanent life insurance policy, life insurance is the gift that keeps giving. Life insurance is more affordable than you may thinkPerceived cost is one factor that deters people of color from buying adequate life insurance. Unfortunately, we've seen licensed life insurance agents who still tell buyers term to whole conversions are "guaranteed," or rates will stay the same in those life insurance conversions. Life insurance doesn't have to cost a pretty penny, and life insurance is constantly changing. Permanent life insurance is generally more expensive than a term life insurance policy and can vary highly based on various factors.
0 next >>
Total: 4