In the 1934 comedy classic It’s a Gift, W.C. Fields’ character encounters an aggressive, slick-talking annuities salesman in an indelible scene that helped shape a negative perception of the product.
The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for ...
Forbes contributors publish independent expert analyses and insights. Elizabeth Bauer is an actuary who writes about retirement policy. So let's start with a disclaimer: I am an actuary, but I don't ...
Prudential Securities said Friday it will notify and offer remedies to customers who may have been affected by what it called "irregularities" in sales of annuities, as securities regulators ...
So, annuities have an awareness problem, not a perception problem. What consumers like about annuities Despite the awareness gap, many consumers value the discrete benefits of annuities, according to ...
Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Combining annuities with IRAs or 401(k)s can be powerful. Annuities ...
Unfortunately, there's not a right answer either. Nearly all workers covered by a traditional pension plan face this question as employers increasingly offer retiring employees a choice of how to take ...
Technical problems include: annuities being considered to be both an available resource and available source of present income; having the ability, and therefore the obligation, to assign the ...