But unlike motorists having to refuel their cars pension schemes can choose when to buy longevity insurance
In respect to the former, Penn Mutual acquired last year Texas-based annuity provider Longevity Insurance
Co, which operates in 45 states.
An indexed annuity is in, whereas a deferred income annuity, or a fixed income annuity or longevity insurance
They've seen the variability of the economy through the financial crisis and they see the need for protection, some kind of longevity insurance
Treasury Department regulations that were announced one year ago today allow consumers to purchase longevity insurance
within qualified accounts like IRAs and 401(k)s.
BANKING AND CREDIT NEWS-March 6, 2015-Sun Life, BCE de-risk pension liability with longevity insurance
M2 EQUITYBITES-March 6, 2015-Sun Life, BCE de-risk pension liability with longevity insurance
While many of the final QLAC provisions mirror those found in regulations proposed more than two years ago, the Treasury Department's final regulations have made its commitment to expanding access to this valuable longevity insurance
Tools like guaranteed income annuities, longevity insurance
, long-term care insurance, hybrid policies, revocable living trusts and RMD withdrawal strategies are too often ignored in favor of accumulation-focused methods that are much more comfortable to advisors.
is a type of annuity that can address that challenge.
Deferred Income Annuities: More Than Just Longevity Insurance