When it comes to retirement planning, more Americans are turning to annuities as a way to lock in guaranteed income. Total annuity sales hit a record $385 billion in 2023, jumping 23% from the ...
FIDx CEO Rich Romano says operational friction, compliance complexity and fragmented workflows, not lack of demand, are holding advisors back from delivering guaranteed income solutions at scale.
Often, annuities are regarded as “set it and forget it” investments. You sign the contract, fund the account, and wait for ...
Over the past several decades, society has undergone a notable cultural shift — one marked by the transition from full-service gas stations to self-service pumps. This evolution reflects a broader ...
LIMRA data show 2025 annuity sales topping $460 billion as RILAs, FIAs, and fixed-rate deferred products drive growth.
Many baby boomers are reaching the age when it’s time to retire, if they haven’t retired already. This means that they’ll need a plan for where their retirement income will come from. There are many ...
Annuity purchases are on the rise as retirees shelter themselves from rising bills and inheritance tax changes ...
A cash refund annuity ensures that any remaining sum paid in premiums is returned to a beneficiary if the annuitant dies before breaking even.
Planning for retirement income of Rs 50,000 monthly requires different corpus amounts. A Fixed Deposit needs Rs 2.30 crore.
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