Annuities

Congress may have a difficult time closing tax code loopholes that benefit households more than corporations, an expert suggests.

The advisors collected $1.7 million by fraudulently pushing variable annuities, investigators say.

To avoid paying high fees, retirement savers should ensure that their plan administrator is a no-load fund company and avoid overpriced house funds.

Clients may want to create an account on Social Security's official website to get a good estimate of their retirement benefits.

Three firms have fired the broker, whose former clients have won $494,000 in settlements.

Clients should opt for simpler annuities, which tend to be less expensive than those with more complicated terms.

Life insurance and annuity sales are the elephant in the room when it comes to the fiduciary standard.

The broker’s written promise of 7% returns on a variable annuity made for a simple case, the lawyer for the claimant says.

A bipartisan bill calls for an increase in full retirement age two months every year between 2022 and 2034 and indexing normal retirement age to life expectancy.

How advisers can help overcome their irrational expectations.

Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.

The unique offering comes amid concern that President Trump will renegotiate NAFTA. Plus; other fund launches.

From a tax perspective, donating required minimum distributions from a traditional IRA to a qualified charity is a smart move for retirees.

Concerns about medical expenses are sky-high, but there are solutions.

While some experts recommend annuitizing at least 25% of savings to generate guaranteed income in retirement, clients should weigh other options before making a decision.

Why advisers should use age-banding to plan for retirees’ spending levels to flex and adjust.

Although clients pay taxes on the contributions they make, they can still expect tax savings as their money grows tax-free and future distributions are exempt from taxes.

Investors are advised to reduce their risk capacity and get their portfolio ready for the distribution phase once they are within five years of their retirement.

Clients in this situation will need to gather a lot of paperwork, including at least eight certified copies of the spouse's death certificate for life insurance, among other reasons.

It's misguided to treat Social Security as bonds since clients can't sell a portion of their Social Security when they need to raise funds.