Congress tacks SECURE Act to 2020 spending bill
House and Senate leaders include landmark retirement reform bill benefitting annuities in must-pass federal budget agreement.
Annuities
New annuity aimed at adult children of aging parents
MassMutual’s Haven Life unit introduces a new product Boomers can purchase to help their parents avert the risk of outliving their retirement funds.
Life, annuity providers becoming more customer-centric, less producer-focused, J.D. Power finds
Northwestern Mutual and RiverSource rank highest in respective product lines according to J.D. Power 2019 U.S. Life Insurance Study.
3 strategies to protect a 401k in a volatile market: The Annuity Expert
Shawn Plummer, “The Annuity Expert,” explains how annuities can protect retirement savings during volatile times.
9 states where insurance is the largest industry
When you remove the real estate and government sector, a new analysis from 24/7 Wall St. found the economies of these states are largely driven by the insurance industry.
Best quarter ever for Fixed Indexed Annuity sales: Wink
Just as LIMRA also reported this week that FIAs had their highest sales quarter ever, Wink’s Sales & Market Report says Q2 2019 sales bested previous record by 3%.
Another record for fixed indexed annuity sales: LIMRA
Latest annuity sales report from LIMRA Secure Retirement Institute finds FIA sales had highest sales ever during Q2 2019.
Great American Life rallies for industry change, overcomes major taxation hurdle for fee-based annuities
Private Letter Ruling from the IRS changes the tax treatment of advisory fees on fixed indexed annuities
Agent-friendly tool for calculating annuity and life plans introduced
A practical new calculator is helping independent agents show their annuity and life insurance clients the tax benefits of two products over one.
Investors Heritage nabs title of ‘Fastest Growing U.S. Life and Annuity Insurer’
New report from S&P Global ranks companies based on both direct and net business volumes. Companies also had to have seen at least 25% growth in direct first-year and single premium business as a measure of new production to be considered.
