long-term-care-insurance-planning

Annuities can help fund seniors’ home-care costs

A recent survey shows the majority of seniors would prefer to receive long-term care in their own homes, but this often comes at a high cost. Jennifer Cray, a partner at Investor's Capital Management, notes that while long-term care insurance can be expensive, annuities with long-term care riders provide a…

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Annuities offer a way to cope with low interest rates

Debra Repya, a chartered financial consultant and life underwriter, discusses the challenges facing investors in the prolonged low interest rate investing environment. She suggests that retired or conservative investors consider fixed and variable indexed annuities. U.S. News & World Report

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Expert discusses suitable and unsuitable IRA investments

Financial expert Michael Kahn analyzes the investments best suited for an individual retirement account. He recommends stocks and most types of bonds but notes municipal bonds and annuities are not appropriate. Kiplinger online

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Execs say fiduciary-rule delay is good news for annuity providers

An 18-month delay in implementing certain parts of the Labor Department's fiduciary rule should have a positive effect on annuities, industry executives say. Annuity sellers can concentrate on structuring the right products for clients rather than focusing on technical details of fiduciary rule compliance, the executives say. InsuranceNewsNet online

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Analysts see bright prospects for annuity sales in the long term

Despite the volatility of some current annuity sales statistics, in the long term, annuity products will be greeted with strong demand, analysts say. Insurance company executives note that, with Americans living longer and looking for guaranteed income, demographic trends are favorable to the annuity business. InsuranceNewsNet online

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IRS publishes amendment on partial annuity distributions

The IRS has released model amendments that defined benefit retirement plan sponsors can use if they want to offer participants partial annuity distribution options. The IRS revised its regulations to encourage plan sponsors to offer annuities to protect participants from the financial risks of unexpected longevity. PlanSponsor online

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Beneficiaries have options for lowering inherited-annuity taxes

People who inherit a nonqualified annuity have options for lowering the tax liability, says Laird Johnson of AXA Distributors. Those options include stretching distributions over the beneficiary's expected lifespan or using a 1035 exchange to shift funds into another vehicle, such as a long-term-care insurance policy. Financial Planning online

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Advisers who recommend bonds for safety should consider annuities

Chris Conklin explains that fixed annuities offer advisers' clients greater safety than bonds, particularly in times of rising interest rates, while delivering returns similar to those offered by bond funds. Fixed annuities are safer because "both a client's original premium and any credited interest are contractually guaranteed to be protected…

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Advisers need to help clients analyze annuity income riders

Standard Insurance executive Rich Lane writes that advisers should have a frank conservation with clients about the pros and cons of purchasing an income rider for an annuity. Advisers should consider two aspects of annuities, accumulation and distribution, he writes. ThinkAdvisor (free registration)

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Future of fee-based fixed-indexed annuities unclear

Insurance companies responding to the Labor Department's new fiduciary rule are bringing fee-based fixed-indexed annuities to the retirement market at a brisk pace. Whether they achieve wide acceptance depends upon how distributors handle them, which isn't yet clear, industry experts say. InsuranceNewsNet Magazine

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