Browsing Tag
401(k) Annuities
184 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.
Pacific Life Enhances RILA Strategy
Improvements include a new Annual Lock with Cap Rate crediting strategy, all-buffer protection options, and a greater range of annual terms
Prudential Unveils ‘Elevate’ Product Suite for IMOs
The IMO channel is said to represent a growing segment of the individual retirement marketplace
Standard Insurance Company, Ignite Partners Launch FIA
The Thrive Plus FIA aims to address challenges like market volatility, tax efficiency and legacy planning
Talcott Introduces Fixed Annuities
The offerings focus on accumulation and guaranteed income
Measuring Retirement Income Outcomes: Allianz Life’s Danielle Kelso
Allianz Life Insurance Company of North America’s latest white paper takes a deep look at how different retirement…
IncomeConductor Modernizes Annuity Planning with New Modeling Capabilities
The new features would allow advisors to simulate future annuity purchases, assign COLAs to annuity income streams, and more
MetLife Annuities Added to Alight Worklife Platform Serving 12M DC Participants
Plan sponsors can now offer MetLife’s Guaranteed Income (MGI) fixed immediate annuity and Retirement Income Insurance (RII) QLAC
Equitable Broadens Lineup of Registered Index-Linked Annuities
The expanded suite also includes death benefit options for clients wanting to leave a legacy to loved ones
Lincoln Financial Upgrades Fixed Indexed Annuities
The new FIAs provide more options for growth and diversification while offering protection, Lincoln says
DOL Eliminates Annuity Safe Harbor Final Rule
The Labor Department removed the final rule after organizations called for its elimination, noting that it would deter employers from offering annuities in retirement plans