Retiring baby boomers are pouring their money into variable annuities with guaranteed lifetime withdrawal benefits. Variable annuity sales totaled $39.8 billion in the first quarter of 2011, up 24 ...

Want some insurance with that managed account? Or how about wrapped around your target-date mutual fund? A number of companies are rolling out new hybrid products that wrap a guaranteed lifetime ...

What Are Variable Annuities With Living Benefit Riders? Variable annuities are long-term investment vehicles that provide a way for individuals to accumulate tax-deferred savings for retirement. They ...

The latest rider that is currently stirring up sales is the Guaranteed Lifetime Income Rider (GLIR) which guarantees that the annuity owner will receive an annual payment (a guaranteed withdrawal ...

Do you have clients who want guaranteed income, but are reluctant to sign onto an annuity that pledges underlying assets to an insurance company? New hybrid products, known as “Stand Alone Living ...

Traditional pensions, known as defined benefit plans, have been on the decline since their heyday in the 1960s. Guaranteed lifetime income was a key feature of traditional pension plans. Benefits ...

A new guaranteed lifetime withdrawal benefit can be offered through a managed account and is part of a diversified fund. Lincoln Financial Group announced Tuesday an addition to its in-plan guaranteed ...

LANSING, Mich.--(BUSINESS WIRE)-- Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.2 (NYSE: JXN), today launched Jackson Income Assurance℠ ...

In welcome news for plan sponsors and other fiduciaries considering lifetime income solutions for their defined contribution (“DC”) plans, the Department of Labor (“DOL”) recently issued Advisory ...