Prudential Securities said Friday it will notify and offer remedies to customers who may have been affected by what it called "irregularities" in sales of annuities, as securities regulators ...
In the 1934 comedy classic It’s a Gift, W.C. Fields’ character encounters an aggressive, slick-talking annuities salesman in an indelible scene that helped shape a negative perception of the product.
Retirement savers hear constantly that guaranteed income is priceless, yet few topics divide experts more sharply than ...
The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for ...
In recent years, there has been an increase in the sale of individual annuity contracts to participants in defined contribution (DC) plans, and most of these sales are of individual variable annuity ...
For decades, Americans have relied on pensions to fund their lifestyles during retirement. This is no longer the case with pensions being phased out in most workplaces. Given today’s high interest ...
It's difficult to determine just how much money you'll need in retirement when you can't predict the future. Some people worry they'll outlive their savings, while others may fear they're living too ...
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As you look toward retirement, you may consider different strategies to ensure a steady stream of income. Annuities are one way to accomplish that goal. These financial products usually require you to ...
If you are not part of the “Robinhood” generation of investors or maybe you don’t even know what “Robinhood Investments” are, then you probably clearly remember the risk and fear that you suffered, as ...
It’s a simple bill, and a short one, too: The Lifetime Income for Employees Act, or the LIFE Act, introduced back in mid-February as HR 6746, has one objective: to enable employers to default their ...