Retiring baby boomers are pouring their money into variable annuities with guaranteed lifetime withdrawal benefits. Variable annuity sales totaled $39.8 billion in the first quarter of 2011, up 24 ...

However, the addition of an income rider creates additional benefits that a client may enjoy while he or she is “living.” With the “guaranteed lifetime withdrawal benefit” riders, a secondary value ...

Want some insurance with that managed account? Or how about wrapped around your target-date mutual fund? A number of companies are rolling out new hybrid products that wrap a guaranteed lifetime ...

LANSING, Mich.--(BUSINESS WIRE)-- Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.2 (NYSE: JXN), today launched Jackson Income Assurance℠ ...

What Are Variable Annuities With Living Benefit Riders? Variable annuities are long-term investment vehicles that provide a way for individuals to accumulate tax-deferred savings for retirement. They ...

All of this is backed by MassMutual Asend's long history of financial strength - an "A++" (Superior) rating by AM Best and "AA" (Very Strong) rating by Standard & Poor's. 2 More than $14 billion in ...

Do you have clients who want guaranteed income, but are reluctant to sign onto an annuity that pledges underlying assets to an insurance company? New hybrid products, known as “Stand Alone Living ...

ZIONSVILLE, Ind.--(BUSINESS WIRE)--Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company, announced today the launch of Target Income Choice™, a new fixed index annuity (FIA) ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

The two primary living benefit riders are guaranteed minimum income benefit (GMIB) and guaranteed lifetime withdrawal benefit (GLWB). The guaranteed minimum income benefit ensures the annuitant ...

NEW YORK--(BUSINESS WIRE)--AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG) and a leading provider of annuities, today announced a new protected lifetime income ...

Retirees don’t have many permanent streams of income to count on in retirement other than Social Security. While you hope you’ve saved enough in your retirement accounts, economic changes can ...