Annuity rates are competitive now amid an overall elevated rate climate. Some providers are currently offering immediate annuity rates above 7% for a 65-year-old, compared to the 4% to 5% range when ...
It’s funny that so many people bemoan the loss of old-fashioned final-salary pension plans. They still exist and are arguably better than ever, yet almost nobody wants them. Income or life annuities ...
Don’t need to be sold; they are looking to buy. More annuity buyers, particularly younger ones, are initiating sales. Nearly half, or 47 percent, of traditional fixed annuity buyers initiated the sale ...
They’re not the newest retirement income product by any means, but annuities may prove to be an important tool for advisors looking to build long-lasting client relationships, according to a recent ...
If clients have been on the fence about buying annuities, the industry’s cheerleaders say that there’s no better time than now to enter the marketplace. In fact, they say, consumer interest in ...
Over the past several decades, society has undergone a notable cultural shift — one marked by the transition from full-service gas stations to self-service pumps. This evolution reflects a broader ...
A new J.D. Power survey finds that 43% of producers fill out annuity applications for their clients. Not surprisingly, they are the buyers least likely to understand what they bought. The majority (59 ...
Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...