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All About Annuities » plans

Budget 2015: UK government sets out plans for ‘secondary market’ allowing …

Budget 2015: UK government sets out plans for ‘secondary market’ allowing …News from Out-Law.com: Pensioners planning to sell on the right to regular annuity payments to a third party could be required to seek independent financial advice before doing so, under plans put forward by the UK government.20 Mar 2015 A consultation paper published alongside [...]

Longevity Annuities Arrive in 401(k) Plans

Longevity Annuities Arrive in 401(k) PlansNews from Investopedia: The U.S. Department of the Treasury and Internal Revenue Service (IRS) recently approved the use of longevity annuities inside of target date funds in 401(k) plans and Individual Retirement Accounts (IRAs). They can be included in target date funds used as default investment alternatives, thus qualifying for [...]

Annuities Gain Traction In DB Retirement Plans

Annuities Gain Traction In DB Retirement PlansNews from Insurance News Net: By Cyril TuohyInsuranceNewsNet More than one-fifth of companies that sponsor a defined benefit (DB) retirement plan say they are considering buying annuities to fund a portion of their obligations to the plan participants. That’s according to a survey by the global retirement and health [...]

Annuities Should Be Requirement In Employee Plans

Annuities Should Be Requirement In Employee PlansNews from Insurance News Net: By Arthur D. PostalInsuranceNewsNet WASHINGTON – Insurance industry advocates are applauding the introduction of bills in the House and Senate to make it easier for small businesses to join multiple employer retirement plans, but they are also encouraging lawmakers to require annuities be one [...]

Internal Revenue Service (IRS) Allows Longevity Annuities in Retirement Plans

Internal Revenue Service (IRS) Allows Longevity Annuities in Retirement PlansNews from The National Law Review: Printer-friendly Email this Article Download PDF Reprints & Permissions</…………… continues on The National Law Review … Read the full article Related News:

Using annuities in IRAs and retirement plans

Using annuities in IRAs and retirement plansNews from MarketWatch: By Stan Haithcock A common misbelief is that annuities should never be used inside of an IRA or qualified plan. Annuities can work well within an IRA-type structure, but only if the contractual guarantees of that annuity strategy solve for exactly what you are trying to [...]

L&G Says U.K. Annuities to Shink 76% After Budget Plans

L&G Says U.K. Annuities to Shink 76% After Budget PlansNews from Bloomberg: Legal & General Group Plc (LGEN) predicts Britain’s 11.9 billion-pound ($ 19.7 billion) annuity market will shrink by 76 percent because of U.K. Chancellor of the Exchequer George Osborne’s proposed changes to the industry. The individual annuities market, a key source of domestic [...]

Just Retirement plans to increase sales of pension annuities

Just Retirement plans to increase sales of pension annuitiesNews from LifeHealthPro: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the top of any article. (Bloomberg)–Just Retirement plans to increase sales of pension annuities to smokers and people with impaired [...]

Clearing the Way for Annuities in Retirement Plans

Clearing the Way for Annuities in Retirement PlansNews from Business Finance Magazine: Outliving retirement assets, otherwise known as longevity risk, is a key concern for just about everyone saving for retirement. Although there has been some talk about the need for 401(k) plans to begin offering annuities purchases, very few plans do so. Although they [...]

Treasury aims to ease rules on annuities in retirement plans

Treasury aims to ease rules on annuities in retirement plansNews from Los Angeles Times: The Treasury Department is expanding the availability of annuities and lifetime income choices in retirement plans. The department proposed two regulations Thursday to make it easier for those approaching retirement to fund an annuity through their company-sponsored pensions or 401(k) savings [...]