January 3, 2020

The Secure Act Changes the Way People Will Inherit Money

Are You Hit by the New Rules of the Secure Act? MarketWatch Alessandra Malito Jan. 2, 2020 The Secure Act, which was signed earlier this month, changes the way beneficiaries will receive money from inherited retirement accounts, but not everyone is in danger of a big tax hit. The new rules say beneficiaries of qualified… Read More

December 30, 2019

The Secure Act includes some other important tax changes that have nothing to do with retirement

Secure Act includes one critical tax change ‘that will send estate planners reeling’ MarketWatch Dec. 30, 2019 Bill Bischoff On Dec. 20, President Trump signed into law the awkwardly named Setting Every Community Up for Retirement Enhancement Act (Secure Act). The new law is mainly intended to expand opportunities for individuals to increase their retirement… Read More

December 16, 2019

What Will You Need to Retire with Safety and Security?

What Will You Need to Retire with Safety and Security? Knowledge@Wharton December 10, 2019 People are living longer. This makes retirement expensive and planning for it agonizingly complex. To make matters worse, stock markets are volatile. That adds to the risk that asset portfolios may decline in value just when retirees need money the most…. Read More

October 3, 2019

Annuities Boost Financial Confidence

Annuities Boost Financial Confidence: TIAA Other confidence boosters are good savings habits and having a financial advisor, a survey finds. By Michael S. Fischer ThinkAdvisor, Sept 23, 2019 Only 27% of Americans in a survey released Monday by TIAA said they were confident they would always feel financially secure, including during retirement, and just 35% were very… Read More

June 17, 2019

Annuities Get No Respect: New Study Confronts Misconception

INSIGHTS | 06.12.19 by: Adolph Pajkos, Eagle Life Insurance Company and Kenneth Kehrer, Kehrer Bielan and Consulting Fixed-rate and index annuities provided the lion’s share of revenue as banks and credit unions launched their investment services offerings in the 1980s and 1990s, yet as the bank insurance and securities community has matured, annuities get no respect…. Read More

February 8, 2019

The Truth About Annuities Retirement

Annuities get a bad rap, but some are the right solution for retirement savings dilemmas. from TheStreet, Jan. 8, 2019by Robert Powell We know what you’re thinking. Annuities! Run away! But that would be a mistake. Annuities are just an investment product — like many others, and much like Social Security and defined benefit pension plans…. Read More

October 24, 2018

Managing Risk with Fixed-Indexed Annuities

Wade D. Pfau, Ph.D., CFA The role of fixed index annuities in the pre-retirement years. The United States has experienced a low interest rate environment in recent years, leading to lower returns for fixed income assets. This creates unique challenges for those approaching retirement, as the practical impact of low interest rates is an increase… Read More

October 15, 2018

How to “Pensionize” any IRA 401(k)

Steve Vernon, FSA, Research ScholarStanford Center on Longevity When replacing defined benefit plans with defined contribution plans, it may not have been a good idea to ask ordinary workers to be their own investment manager and actuary. How will ordinary workers retire in a defined contribution (DC) world? How do they decide if they have… Read More

September 26, 2018

John Hancock Leaves Traditional Life Insurance Model Behind to Incentivize Longer, Healthier Lives

– 156-Year Old Insurance Company Doubles Down on Vitality’s Health and Wellness Platform – CEO Harrison: “We are proud to become the only U.S. life insurance company to fully embrace behavioral-based wellness.” BOSTON, Sept. 19, 2018 /PRNewswire/ — Starting today, in a departure from the traditional life insurance business model, all John Hancock life insurance policies will come with Vitality… Read More

September 12, 2018

For Clients’ Sake, Take Control

If there is one singular lesson I have learned from 45 years in the insurance and financial advice business, it is to motivate the public to buy insurance when they least desire it. Insurance carriers are in the business to manage risk. Buyers of coverage need to purchase coverage when the perceived risk is minimal…. Read More