by Rupert W Bradson » Mon Apr 13, 2009 11:26 am
April 13 (Bloomberg) -- Sales of so-called immediate annuities are climbing as retirees are drawn to lifetime payments guaranteed by U.S. insurance companies.
Immediate annuities pay a periodic fixed amount of money for life in exchange for a lump-sum payment. New York Life Insurance Co., the largest policyholder-owned U.S. life insurer, reported an 80 percent increase in sales of the contracts during the first quarter from a year earlier.
Immediate annuities pay a periodic fixed amount of money for life in exchange for a lump-sum payment. New York Life Insurance Co., the largest policyholder-owned U.S. life insurer, reported an 80 percent increase in sales of the contracts during the first quarter from a year earlier.
Posted: Tue Apr 14, 2009 11:16 am Post Subject:
Its certainly a situation that's been worrying many as with the invent of new drugs life expectancies are likely to increase. And, one can't save enough in his life to continuing sustaining after the retirement age. Purchasing an annuity plan seems to be the only solution. Therefore, the sale of annuity options would increase in the time of come as well. The life insurers may be profiting from it but at the same time its keeping you covered which is no small deal.
I personally would prefer staring early and putting my money in the more traditional fixed annuity plans.
Posted: Sat Jul 28, 2012 11:19 pm Post Subject: XLmURBRzly
There's a ninety peencrt possibility that the investment will fail and most likely, 0 return. Bureau of the Census. Below are the dimensions and key questions : Folks have you got the right caliber of folks? Have they got the competencies to execute the new technique? Are they galvanized to do so? Biz Case Do folks know why the method is central stage? Do they know what to do differently on the Monday morning? Have they got the proper tools and systems to carry out the method? Communicate Do all of your staff know what the new method is and why it's been adopted? Is the technique communicated in a fashion that it comes alive? Measure Do you've got the right measures for the new plan? Are the measures being leveraged to steer the fulfilment? Culture Has the basic way you are working modified in order to inspire the adoption of the new culture? Are you using the language of the new system? Process Do your processes support the new methodology? Are you fitted out to revamp processes in order that they are far more supportive and effective? Reinforce When members of staff step in to the unknown and demonstrate the new behaviours, are they recognized and rewarded? Does the beefing up give them encouragement to demonstrate the specified new behaviours? Review did you know if the actions being taken are producing the right results? Did you know what's been learned from the realization in the last ninety days? .
Posted: Sun Oct 07, 2012 03:26 am Post Subject: moGjgCWmaFTfmaG
This is a very thoughtful and isntrentieg contribution, Henry. There are two things I would like to add to this:1. One possible option is something like the CREF annuity in the US. This is a pooling vehicle for mortality risk rather than a guaranteed annuity. CREF annuities particularly if there are underlying investments in aggregate mortality securities or swaps may be an attractive non-insured option for the future.2. The Singapore government recently launched an annuity product as part of its CPF fund. This product has four options, with varying degrees of annuity amount and cash. Governments have issued annuities before (the problem is crowding out private markets).
Posted: Tue Apr 26, 2016 07:09 pm Post Subject: heGxtghicDOgVh
Hi Teresa, thanks for asking. There are, but only on the individual post pages. I've found that when I put them on the main blog page, the buttons don't share the individual post th9y3#&e;re associated with, but just the main blog URL. That didn't seem so helpful! Haven't figured out a better way yet. :)
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