Category

2019-Industry

Income Annuities Take Risk Out of Retirement

Few adults would go without auto, home, life or health insurance. But the kind of insurance that protects against the risk of running out of money in old age is still greatly underutilized. It's called a deferred income annuity or a longevity annuity. Most people planning for retirement should strongly consider an income annuity, and...
Read More

Legislation Could Increase Annuity 401(k) Options

Congress is considering two bills that would make it easier for plan sponsors to include annuities in their 401(k) plans, according to a Cerulli Associates report. Only 8% of plan sponsors offer in-plan annuity purchase options, and only 2% assist their participants in purchasing annuities outside of their retirement plans, according to a Cerulli report...
Read More

OregonSaves Filling the Retirement Plan Coverage Gap

Two years after its launch, OregonSaves, the state-run retirement program for private-sector employees, is reporting $25 million saved for retirement.
Read More

Annuities Need to be a 401(k) Default

My colleagues and I are beginning to think seriously about embedding annuities in 401(k) plans. Now, 401(k) plans generally offer lump sums, which means that retirees have to decide how much to withdraw each year.
Read More

Researchers Propose Including Annuities as a Default in 401(k)s

An analysis found defaulting a portion of balances in deferred income annuities (DIAs) would boost income for retirees later in life, and researchers offered suggestions for implementation by defined contribution (DC) plan sponsors.
Read More

Retirement Security Bills May Drive Opportunities for Life/Annuity Players: A.M. Best

The SECURE Act, currently with the US Senate after being passed by the US House of Representatives, is expected to create additional market opportunities for the retirement and employee benefits industries.
Read More

No, Really, This Time is Different in Retirement Income

“This time is different.” We’ve heard it before. We heard it when technology stocks were skyrocketing in the late 90s, and then just before the real estate bubble burst a decade ago.
Read More

Income Options Are Coming to 401(k) Plans

A growing number of employers are exploring ways to help 401(k) participants turn their savings into a sustainable income in retirement, even ahead of Congress passing legislation that would make it easier to do so.
Read More

Lack of 401(k) Annuitization Portability Is Mean: Pension Policy Specialists

Pension policy specialists have explained why you might care about “portability” — one of the little-discussed, complicated-sounding provisions in the major retirement bills now in play in Congress.
Read More

Deferred Annuities as 401(k) Plan Default?

The (mostly) pros and cons of including deferred lifetime income annuities as a default in employer provided 401(k) plans are investigated in a new research paper from Brookings Economic Studies program.
Read More
1 2