The Single 5 fixed annuity will offer a guaranteed rate of return of 5% for five years, the company said. The tax-deferred product will be underwritten by
Vanguards Fixed Income Group will oversee the products pool of fixed-income securities.
The firms CEO, John Brennan, said the product is designed "for investors seeking a conservative, tax-deferred investment."
Vanguard began offering a variable annuity program called the Vanguard Variable Annuity Plan in 1991.
Experts from the Fed, Intuit and the Urban-Brookings Tax Policy Center explored ideas for more effective ways to advance the goals of the mortgage interest deduction.
Romantic partners usually agree on their broad retirement goals, a new Ameriprise study shows. But the consensus breaks down over smaller questions.
The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.
A therapist in New York still has $50,000 in student loans. Can President Biden's new policy bring her relief?
The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
A phish, a mill and a stroll overseas are just three of the 12 major scams the Internal Revenue Service identified for this year's rogues gallery.
