Browsing Tag
401(k) Annuities
181 posts
A 401(k) annuity is a retirement income option where savings from a 401(k) plan are used to purchase an annuity, providing guaranteed payments for a set period or for life. This option converts part or all of your account balance into predictable income, helping protect against outliving your savings. Payments can be fixed or variable based on the annuity type. While annuities can offer stability and longevity protection, they may limit liquidity and can have fees. They’re typically chosen by retirees seeking steady income rather than managing investments themselves.
Should 401(k) Advisors Use Fixed Indexed Annuities?
It’s no secret—401(k) advisors aren’t exactly annuity fans. But new research from a very reputable source might have…
How Do Retirees Really Feel About Annuities?
Love ‘em or hate ‘em, retirees feel more secure with them. A new LIMRA study finds retiree annuity owners feel confident they are more likely to afford retirement.
Congressional Bill Increases Annuity Use in 401(k)s
Recently-introduced legislation to increase so-called lifetime income options (annuities) in 401(k) and similar retirement plans specifically notes that…
Fiduciary Rule Killing Annuity Sales
Annuity sales decline as fiduciary rule impacts IRAs, with quarterly sales falling below $50 billion for the first time in 15 years.
Americans Want Annuities (Wait, What?) in Retirement Plans
Only a third of workers have access to retirement plans that offer a “secure income stream for life,”…
Fiduciary Rule Whacks Annuities
Annuity Sales Decline 2017 sees lowest first-half totals since 2001 as fiduciary rule fallout impacts fixed and variable products.
Fiduciary Hit to Indexed Annuities?
Indexed annuity sales decline as fiduciary rule impacts marketing efforts, shifting focus away from growth in the annuities market.
How Much Income Would Annuities Provide 401k Participants?
An annuity option in the investment menu would account for well over a third of needed income in…
TIAA Adds Lifetime Income to 403b Target Date Funds
After confirming that target date funds with income options count as qualified default investment alternatives in retirement plans, TIAA has moved…
More Bad News for Variable Annuities in Wake of DOL Fiduciary Rule
Variable annuities will continue to feel the negative effects of the Department of Labor’s (DOL) Conflict of Interest Rule,…