BRIEF-McClatchy to purchase group annuity contract from American United Life Insurance
McClatchy Co - on Dec 20, co's retirement committee entered into an agreement to purchase a group annuity contract from American United Life Insurance Co. * McClatchy - plan purchased annuities,settled obligations for group of annuitants commencing ...
Five myths about annuities
Fact: Annuities remain one of the only ways to turn your pension into a guaranteed income for life. Around 80,000 people chose to purchase one in the year following the start of the pension freedoms. Drawdown offers flexibility and a chance for your ...
Should you wait for a higher annuity rate thanks to Donald Trump's inflation?
People thinking about turning their pension savings into an annuity to fund their retirement have a decision to make: buy now and lock into today's low rates or wait in the hope rates rise sufficiently to offset the income lost by deferring a purchase.
Openwork must compensate for annuity advice
However, this was dismissed by Openwork on the basis that the flexible income annuity balanced a good level of initial income with the potential for increases in the future. Following Openwork's advice to purchase the flexible income annuity, Mr K ...
Here's How to Best Time Interest Rates When Purchasing an Annuity
With the Federal Reserve recently raising rates, the continuing conundrum of trying to time an annuity purchase is once again the center of most annuity buying decisions and agent sales pitches. Like most financial decisions, there are no perfect answers.
How retired homeowners can avoid running out of money
Chicago Daily Herald
One way is to wait a year (during which the credit line will grow to $101,138), and then purchase a longevity annuity from a life insurance company that will begin monthly payments at 82 and continue for life. (The reason for the delay is a HUD rule ...
Which Type Of Annuity Is Right For You? | Bankrate.com
The most basic definition is that an annuity is a contract between the annuity's owner and a life insurance company. Pursuant to the contract, the owner gives the ...
How retired homeowners can avoid running out of money - News ...
The combination of increased longevity and declines in the coverage of defined benefit pension plans means that retirees increasingly risk running out of money ...
Pension plan funding conditions expected to ease in 2017 - The ...
The Globe and Mail
Canadian pension plans are expected to face easier funding conditions in 2017 as interest rates stabilize, driving more plans to buy annuities to cover their ...